Canadian Pacific moved more grain in 2020 than any other year in its history, the railway announced Monday.
According to a company release, CP moved just over 31.3 million tonnes of Canadian grain this past year, up from 27 million in the 2019 calendar year.
At year’s end, CP also completed its best ever quarter and best ever December for hauling grain and grain products. In the fourth quarter of 2020, CP moved 8.84 million tonnes of grain, which beats 2020’s second quarter, the previous record, by 5.1%. December 2020 totals came in at 2.84 million tonnes, topping the previous record set in 2019 by 13.6%.
“Hard-won achievements like these require commitment and focus across the supply chain, but special credit must go to CP’s customers and their dedicated employees,” said Joan Hardy, CP Vice-President Sales and Marketing Grain and Fertilizers. “Their work to create a safe, efficient supply chain is an essential ingredient in our ability to deliver Canada’s crops to consumers at home and around the world.”
CP said it also continues to invest in its grain fleet with additional hopper cars coming into service each week. CP has added more than 3,700 new hopper cars to its fleet via purchase or lease. The new high-efficiency railcars carry 15% more grain by volume and 10 percent more by weight compared to the older cars they are replacing.
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