Whenever the words “natural gas transportation” are mentioned, cars and trucks are typically the first things that come to mind. A recent deal may begin to alter this line of thought.
This week, Westport Innovations (TSX:WPT) announced that it had signed a deal with Canadian National Railway (TSX:CNR) to build LNG-powered locomotives. As intriguing as this story may sound, it isn’t the first time natural gas has been considered for railroads. Burlington Northern Santa Fe has been testing the idea for the past couple months as well.
In this video, Fool.com contributors Tyler Crowe and Aimee Duffy take a look at some of the advantages natural gas has in powering vehicles other than cars and trucks and why engine manufacturers should pay attention.
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This post originally appeared on Fool.com.
Fool contributor Aimee Duffy has no position in any stocks mentioned at this time. Fool contributor Tyler Crowe owns Westport Innovations. The Motley Fool owns Westport Innovations. David Gardner owns CN Rail.
