Best-ever November for CP grain shipments
CALGARY, AB. — Canadian Pacific (CP) Rail has had a number of exception months this year for keeping grain on the move.
November was no exception, as CP Rail had the best-ever November and second-best-ever month for shipping Canadian grain and grain products, with 2.96 million metric tonnes (MMT) moved.
That number exceeds the previous November record in 2019 by 8 percent, and is second only to October 2020 for total monthly tonnage. CP has shipped 11.13 MMT of Canadian grain and grain products in the 2020-2021 crop year, exceeding the amount shipped at this time in the 2019-2020 crop year by 15 percent.
The Rail company began investing in new rail cars in 2018, when it placed an initial order for 1,000 cars from Hamilton-based National Steel Car and expected to order about 5,900 of the grain hoppers over four years. So far, more than 3,700 new hopper cars have been added to the CP fleet, via purchase or lease.