October 2020 best month ever for Canadian Pacific grain movement
Written by David C. Lester, Editor-in-Chief
CP reports all-time monthly record grain movement for October 2020.
Canadian Pacific
Last week, RT&S reported that Canadian National was on its way to setting an all-time monthly record of grain movement – over 3 million metric tons – for October 2020. This week, Canadian Pacific made a similar announcement, reporting movement of 3.04 million metric tons during October. This record exceeded the previous record month, April 2020, by 6.9 percent.
Joan Hardy, CP Vice-President Sales and Marketing – Grain and Fertilizers, said “CP customers are managing strong and healthy supply chains to the ports, where new and expanded terminal capacity is facilitating very strong flows of grain. The CP family of railroaders ensured our customers and farmers received strong service through the harvest and in turn create robust performance across the network to continue setting grain-shipping records.”
In addition to the strong grain traffic, Canadian Pacific has also added 3,300 new hoppers to its grain fleet, a large portion of their commitment for 5,900 new hoppers made in 2018. The new cars carry 15 percent more grain volume and 10 percent more weight compared to the cars they are replacing.
Darwin Sobkow, Chief Operations Officer of Richardson International (a large Canadian agribusiness company) said “CPs record-setting performance has enabled us to support the investments we have made in our grain-hauling network, which includes port terminals on the east and west coasts. This impressive performance is achieved at the time of year when grain movement is critical to all participants in the value chain, including farmers and international customers. CP has been able to respond to global demand for Canadian agricultural products, and through our collaborated efforts, has allowed us to set some monthly records of our own.”
