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CP Sets January Record for Canadian Grain Movements

Company now has more than 2,300 new high-capacity hopper cars in service

C Pgrain Train

Canadian Pacific (CP) moved 2.09 million metric tonnes of Canadian grain and grain products in January 2020, breaking the January 2019 record by 200,000 metric tonnes.

"CP's commitment to providing our customers with safe and efficient service continues to create positive momentum across the Canadian grain supply chain," says Joan Hardy, CP's vice president sales and marketing, Grain and Fertilizers. "This record-setting performance was achieved through close collaboration across the supply chain and the efforts of our world-class operating team."

CP's 8,500-foot High Efficiency Product (HEP) train model, Dedicated Train Program (DTP) and new high-efficiency hopper cars are significant factors in CP's record-breaking January.

CP now has more than 2,300 new high-capacity hopper cars in service and expects to operate 3,300 by the end of 2020.

The new hopper cars can carry 10% more volume and 15% more weight compared to the older cars they are replacing. Combined with the additional length of the 8,500-foot grain train model, a HEP train has more than 40% additional capacity than the 7,000-foot model. The DTP incentivizes customers to load and unload more quickly, driving increased overall grain movements.

"As we approach Feb. 11, Canada's Agriculture Day, I am once again reminded of the role CP and the entire grain supply chain plays in enabling the Canadian agricultural industry," said Hardy. "On Canada's Agriculture Day, we celebrate the producers of the food that is enjoyed in Canada and around the world. It is with great pride that we deliver these products to market each and every day."

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