- CN (CNR) sets new record for Canadian grain movement for the 14th consecutive month
- CN is currently setting a new goal of being over 5 per cent ahead of the three-year average of 2.75 MMT
- So far, during the 2020-2021 crop year, CN has moved over 25.6 MMT of Canadian grain via carload
- CN is a world-class transportation leader and trade enabler
- CN (CNR) is down 0.90 per cent and is trading at C$133.73 at 12:50 pm ET
CN (CNR) has moved 2.90 million metric tonnes (MMT) of western Canadian grain in April 2021, exceeding the April 2020 record.
CN is currently setting a new goal of being over 5 per cent ahead of the three-year average of 2.75 MMT.
So far, during the 2020-2021 crop year, CN has moved over 25.6 MMT of Canadian grain via carload. This is an increase of 17 per cent compared to the previous crop year-to-date record of 21.9 MMT established in the 2018-19 crop year.
Containerized grain shipments direct from western Canada are also on record pace at over 860,000 metric tonnes shipped crop year-to-date, in addition to the tonnage shipped from eastern Canada.
“Needless to say, the valuable cooperation of our agri-food and supply chain partners was key to achieving these results,” said James Cairns, senior vice president, rail centric supply chain at CN
“We believe that our long-term investment strategy was important in setting these 14 consecutive records, but none of this would have been possible without everyone’s dedication,” added Cairns.
CN’s continued ability to deliver record volumes is largely due to investments made by the railway over the past few years. To find out more about CN’s commitment to grain please visit.CN is a world-class transportation leader and trade enabler.
Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.
CN (CNR) is down 0.90 per cent and is trading at C$133.73 at 12:50 pm ET.
