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CP announces best-ever November for Canadian grain transport

(Source: Canadian Pacific press release, December 1, 2020)

CALGARY — Canadian Pacific has completed its best-ever November and second-best-ever month for shipping Canadian grain and grain products, with 2.96 million metric tons (MMT) moved. This exceeds the previous November record in 2019 by 8 percent, and is second only to October 2020 for total monthly tonnage. CP has shipped 11.13 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 15 percent.

“From a combine’s first cut in the field to a ship’s departure from port, so many dedicated individuals, teams and organizations must come together to make grain transportation a success,” said Joan Hardy, CP Vice-President Sales and Marketing Grain and Fertilizers. “As we reflect on the record movements of grain this crop year, we must think about the hard-working people across the supply chain who’ve helped to feed the world in a year of great adversity.”

CP continues to invest in its grain fleet with additional hopper cars coming into service each week. 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.

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.

Wednesday, December 2, 2020

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