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CN Rail Sets New April Record For Grain Movement

CN Rail announced that, after having its second best first quarter western Canadian grain movement result with 6.59 million metric tonnes (MMT) moved, the company moved 2.73 MMT in April, exceeding its previous April record of 2.72 MMT.
 
Movements also exceeded the three-year average of 2.55 MMT for April and March’s record result of 2.65 MMT.
 
CN says the cumulative total of all Canadian tonnage moved by the railway for the 2019-2020 crop year has reached 21.55 MMT so far with 20.7 MMT coming from Western Canada.
 
“CN has never slowed down since the beginning of the COVID-19 pandemic,” said JJ Ruest, president and chief executive officer at CN. “Thanks to the efforts of our front line railroaders and our supply-chain partners, CN has proven its resiliency yet again by delivering essential goods, including those of agri-food customers, to consumers across North-America. CN has the capacity ready to enable the eventual recovery of the economy.”
 
“Despite difficult conditions, CN handled 51% of all Canadian grain rail shipments in the first quarter, including 52% of market share in March,” explained James Cairns, senior vice president rail centric supply chain at CN. “We are in great shape and ready to deliver during the final months of the crop year.”
 
Movement of all Canadian grain tonnage was 6.86 MMT in Q1 and 2.81 MMT in April.
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