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CP reports record January for grain transport

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Dry Bulk,


Canadian Pacific (CP) moved 2.22 million t of Canadian grain and grain products in January 2021. This exceeds the previous January record in 2020 by 6%. CP has shipped 16 million t of Canadian grain and grain prod-ucts in the 2020 - 2021 crop year, exceeding the amount shipped at this time in the 2019 - 2020 crop year by more than 13%.

“CP, our customers and other supply chain participants have once again collaborated to move record amounts of grain through the month,” said Joan Hardy, CP Vice-President Sales & 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. CP has added more than 3800 new hopper cars to its fleet via purchase or lease. The new high-efficiency railcars carry 15% more grain by volume and 10% more by weight compared to the older cars they are replacing.

Read the article online at: https://www.drybulkmagazine.com/dry-bulk/09022021/cp-reports-record-january-for-grain-transport/

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Grain cargo news