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CP Starts The Year With Record Grain Movement

CP moved 2.22 million metric tonnes (MMT) of Canadian grain and grain products in January 2021, a six per cent increase over the previous record set in January 2020.
 
Overall, CP reportedly shipped 16 MMT of Canadian grain and grain products in the 2020-2021 crop year.
 
Joan Hardy, is CP's Vice-President Sales & Marketing Grain and Fertilizers.
 
She says CP, our customers and other supply chain participants have once again collaborated to move record amounts of grain through the month.
 
She notes despite a rainy start in Vancouver, CP's efficiency and the resiliency of the supply chain allowed for recovery through the month.
 
CP continues to move additional hopper cars into service each week.
 
Overall, more than 3,800 new hopper cars to its fleet via purchase or lease.
 
CP reports 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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