Image from cpr.ca

By CHAT News Today

Great grain numbers

Canadian Pacific records biggest crop-year haul in its history

Aug 5, 2020 | 1:35 PM

It’s been a record year for Canadian Pacific.

The rail line announced today it hauled more grain and grain products in the 2019-2020 crop production year than any year in the 139-year history of CP. The company moved 29.52 million metric tonnes (MMT) this crop year, besting last year’s record of 26.77 MMT by 2.75 MMT, or 10 per cent.

“The world depends on Canadian farmers for food and we understand the important role CP and the grain supply chain play in getting crops to market,” said Keith Creel, CP’s president and chief executive officer. “In this banner crop year, the men and women of CP proved again they’re more than ready for the task. I am immensely proud of the CP family and the entire grain supply chain in delivering a second consecutive crop-year record, and by such a significant margin. This truly shows the value of CP’s capacity for the movement of grain.”

In addition to the record crop year, CP announced today its best-ever July for transporting Canadian grain and grain products, with 2.58 MMT hauled. The July record is CP’s ninth monthly record set during the 2019-2020 crop year.

CP attributes at least part of this year’s success to the efficiency of the 8,500-foot High Efficiency Product (HEP) train model. An 8,500-foot HEP train can carry in excess of 40 per cent more grain than the 7,000-foot train model when combined with the additional capacity of CP’s new high-efficiency hopper cars.

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The company says shipping containers also played an important role in exporting Canada’s crop. This year, CP moved more than 650,000 metric tonnes of western Canadian grain to export markets in containers. With containerized grain included in the total, CP transported more than 30 MMT during the crop year.