CP reports best-ever month of grain movement
By Canadian Pacific
Canadian Pacific reports that, despite a weather-delayed harvest, October was its best-ever month for Western Canadian grain movement to Vancouver and the company stands ready to work with its supply chain partners through the 2016/17 season to transport a bumper crop to world markets.
A record 15,865 carloads were moved to West Coast ports in October, besting the previous record of 15,449 carloads in March 2016. Total Western Canadian grain movements in the month climbed 3.9 per cent over last year, just off the record set in May 2014.
In a press release, CP reported that millions of dollars in investment over the past three years, as well as new investment by its supply chain partners on grain country elevator capacity and port capacity, has already begun to fulfill the promise of greater efficiency, fluidity and velocity.
The company also reiterated that with the winter months and the majority of the 2016/17 crop movement still ahead, finger-pointing and unwarranted criticism of any single component of this complex chain is counter-productive and undermines Canada’s reputation as a world-class supplier of grain.