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CP one-month grain shipments exceed 3 MMT for first time

 

CALGARY, AB – Canadian Pacific announced today it set a new record for shipping Canadian grain and grain products in October, with 3.04 million metric tonnes (MMT) moved, the first time ever CP has exceeded 3 MMT in a month. This exceeds the previous record for a month, set in April 2020, by 6.9 percent. It also betters the previous October record of 2.66 MMT, set in 2019, by 14.2 percent.

« CP’s customers are managing strong and healthy supply chains to the ports, where new and expanded terminal capacity is facilitating very strong flows of grain, » said Joan Hardy, CP Vice-President Sales and Marketing Grain and Fertilizers. « The CP family of railroaders ensured our customers and farmers received strong service through harvest and in turn created robust performance across the network to continue setting grain-shipping records. »

CP continues to invest in its grain fleet with additional hopper cars coming into service each week. CP has so far placed 3,300 new hoppers into service out of a commitment for 5,900 laid out in 2018. The new high-efficiency cars carry 15 percent more grain volume and 10 percent more weight compared to the older cars they are replacing.

« CP’s record-setting performance has enabled us to support the investments we have made in our grain-handling network, which includes port terminals on the east and west coasts, » said Darwin Sobkow, Chief Operations Officer of Richardson International. (photo CP)

 

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