Canadian Pacific moved 31.32 million metric tonnes (MMT) of Canadian grain and grain products in 2020, more than any prior calendar year in its history. At year's end, CP also completed its best ever quarter and best ever December.
In the fourth quarter of 2020, CP moved 8.84 MMT of Canadian grain and grain products, which beats 2020's second quarter, the previous record, by 5.1 percent. December 2020 totals came in at 2.84 MMT, beating out the previous record set in 2019 by 13.6 percent.
CP has added more than 3,700 new hopper cars to its fleet via purchase or lease. The new high-efficiency railcars carry 15 percent more grain by volume and 10 percent more by weight compared to the older cars they are replacing.
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