Calgary Alberta - Canadian Pacific Railway (CP) is proud to announce it moved more Canadian grain and grain products during the 2018-2019
crop year than any year in its history.
The final tally for the crop year stands at 26.8 million metric tonnes (MMT) of Canadian grain and grain products.
The crop year, 1 August to 31 July, saw 2.8 percent more Canadian grain and grain products shipped from the prior record in the 2017-2018 season and 3.9
percent more than the three-year average.
In the past five years, CP has consistently shipped more grain each year.
CP broke several all-time records during the 2018-2019 crop year, including:
CP also moved approximately 660,000 MT of Canadian grain in its domestic intermodal service, for a grand total greater than 27.4 MMT.
CP's 8,500 foot High Efficiency Product (HEP) train model, announced last summer, continues to gain significant traction with CP customers.
Construction is currently underway at five CP served facilities in Canada, enabling producers to start shipping under the HEP train model this
fall.
These add to the seven existing CP served 8,500 foot loop-track facilities.
Four additional 8,500 foot HEP qualified facilities will be operating by spring 2020.
CP now has nearly 1,500 new high-capacity hopper cars in its fleet, and at year's end, more than 1,900 of the new hopper cars will be in service.
The fleet will continue to grow in the years ahead, as part of CP's $500 million commitment to invest in 5,900 new hopper cars.
Shippers are able to load up to 10 percent more grain in these cars compared to the older, less-efficient hopper cars they are replacing.
CP has submitted its 2019-2020 Grain Service Outlook Report to Minister of Transport Marc Garneau.
The report outlines CP's plan to move the upcoming crop, including where CP will invest capital to support western Canadian grain movements.
CP is closely watching crop forecasts for its service area, and is in regular communication with customers and the broader grain supply chain.
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