CP Breaks Record for Monthly Grain Movement

by | Nov 7, 2022 | Business

Canadian Pacific has set a new record for monthly shipments of grain moving 3.14 million metric tonnes in October, a Nov. 2 news release said. This beats the previous record set in October 2020 by more than 100,000 metric tonnes.

“Transporting record volumes of grain would not be possible without the significant investment that has been made by our customers in new and upgraded grain-handling capacity and investment made by CP in infrastructure and high-capacity hopper cars,” Joan Hardy, CP’s vice-president sales and marketing grain and fertilizers, said in the release.

CP has shipped more than 6.9 MMT of grain and grain products through the first 13 weeks of the 2022-2023 crop year. The release noted CP is currently completing a $500 million investment to acquire 5,900 new high-capacity grain hopper cars.

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