CP Rail Sets Record for January Grain Movement

by | Feb 2, 2023 | Business, Grain, News

Canadian Pacific moved 2.29 million metric tonnes (MMT) of Canadian grain and grain products in January — setting a record for the month, a Feb. 2 news release said. The release noted CP rail has moved more than 15 MMT of  grain and grain products so far in the 2022-2023 crop year, beating last year’s amount for this time of year by more than 45 per cent.

“CP’s grain performance through January demonstrates the strength of our customers’ supply chains, and the strong resiliency of our railway operations and effective winter planning,” Joan Hardy, CP Rail vice-president of sales and marketing for grain and fertilizers, said in the release. “CP, our customers and other supply chain participants were able to ship nearly double the volume of grain and grain products compared to January 2022, despite slowed grain vessel loading because of rain in Vancouver, holiday closures and periods of extreme winter operating conditions.”

The release noted that CP Rail has called on government and industry to improve the ability to load grain vessels in the rain at west coast terminals, as its causing significant capacity constraints for Canada’s export of grain and agricultural products.

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