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Rail News: Canadian Pacific

CP posts record January for Canadian grain transport

CP has shipped 16 MMT of Canadian grain and grain products in the 2020-2021 crop year.
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Canadian Pacific moved 2.22 million metric tons (MMT) of Canadian grain and grain products in January, which exceeded the previous January record set in 2020 by 6%, the Class I reported yesterday.

CP has shipped 16 MMT of Canadian grain and grain products in the 2020-2021 crop year, exceeding the amount shipped at the same time in the 2019-2020 crop year by more than 13%, CP officials said in a press release.

"CP, our customers and other supply chain participants have once again collaborated to move record amounts of grain through the month," said Joan Hardy, vice president of sales and 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. The railroad has added more than 3,800 new hopper cars to its fleet via purchase or lease. The new high-efficiency rail cars carry 15% more grain by volume and 10% more by weight compared to the older cars they are replacing.

Contact Progressive Railroading editorial staff.

More News from 2/9/2021