CN sets new record for Canadian grain movement
Published by Lydia Woellwarth,
Editor
Dry Bulk,
CN has announced that it moved 2.90 million t of western Canadian grain in April 2021, exceeding the previous April record of 2.82 million t set in 2020 and over 5% ahead of the three-year average of 2.75 million t.
So far, during the 2020 - 2021 crop year, CN has moved over 25.6 million t of Canadian grain via carload. This is an increase of 17% compared to the previous crop year to-date record of 21.9 million t established in the 2018 - 2019 crop year.
Containerised grain shipments direct from western Canada are also on record pace at over 860 000 t shipped crop year to-date, in addition to the tonnage shipped from eastern Canada.
“Once again, and for the 14th consecutive month, our dedicated team of railroaders has succeeded in setting a new record for the movement of Canadian grain. Needless to say, the valuable co-operation of our agri-food and supply chain partners was key to achieving these results. We believe that our long-term investment strategy was important in setting these 14 consecutive records, but none of this would have been possible without everyone's dedication” said James Cairns, Senior Vice President, rail centric supply chain at CN.
CN's continued ability to deliver record volumes is largely due to investments made by the railway over the past few years.
Read the article online at: https://www.drybulkmagazine.com/rail-barge/07052021/cn-sets-new-record-for-canadian-grain-movement/
You might also like
Baltic Exchange: Dry Bulk Report - 40
The Baltic Exchange provides an update on the Dry Bulk markets for Week 40