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(Source: Bloomberg, October 24, 2018)

MONTREAL — Canadian National Railway Co. expects to set a record for crude-by-rail shipments next year as it vies with Canadian Pacific Railway Ltd. to dominate a booming market for the alternative to pipelines. Crude oil shipments next year will probably surpass the 130,000-carload mark set in 2014, the company’s CEO said.

Full story: Toronto Star