CP reports record January for Canadian grain transport

CALGARY, AB, - Canadian Pacific moved 2.22 million metric tonnes (MMT) of Canadian grain and grain products in January 2021. This exceeds the previous January record in 2020 by 6 percent. CP has shipped 16 MMT of Canadian grain and grain products in the 2020-2021 crop year, exceeding the amount shipped at this time in the 2019-2020 crop year by more than 13 percent.

 

"CP, our customers and other supply chain participants have once again collaborated to move record amounts of grain through the month," said Joan Hardy, CP Vice-President Sales & Marketing Grain and Fertilizers. "Despite a rainy start in Vancouver, the efficiency and effectiveness of the CP service model and the resiliency of the supply chain allowed for recovery through the month and supported this strong result."

 

CP continues to invest in its grain fleet with additional hopper cars coming into service each week. CP has added more than 3,800 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.

 

CP voluntarily publishes a weekly Canadian grain and grain product supply chain scorecard. The scorecard outlines CP's performance for the previous grain week and includes, when necessary, detailed information on any internal or external factors affecting grain movement. More information is available on CP's website.