CN Sets Grain Movement Record for Tenth Consecutive Month
January 04 2021 - 12:45PM
CN (TSX: CNR) (NYSE: CNI) is proud to announce that for the tenth
consecutive month it has set a new record by shipping over 2.84
million metric tonnes (MMT) of Canadian grain and processed grain
products via carload. This brings the volume of grain moved in the
2020-2021 crop year to-date via carload to 14.5 MMT, exceeding the
previous all-time record pace volume by nearly 2 MMT, or over 15%.
Moreover, CN remains on record pace for containerized grain
shipments from western Canada.
"We are proud of the great efforts of our team
of CN railroaders and those of our supply chain partners who, once
again went above and beyond to move Canadian grain to markets. 2020
was a challenging year for everyone along the supply chain. Our
dedicated employees and partners have demonstrated their resilience
and courage in uncertain times. These record grain shipments are
coming at the same time as CN is shipping very high volumes of many
other commodities such as lumber, potash, propane and consumer
goods. While we are proud of December’s results, we do not
take them for granted and we will continue to work hard to safely
move our customers’ goods.”
- Rob Reilly,
Executive Vice-President and Chief Operating Officer at CN
CN's ability to meet the challenges that have
arisen is largely the result of the significant investments made in
recent years in track, locomotives, and railcars, including the
purchase of 1,500 new high capacity grain hopper cars. These
investments support the growth of our customers in grain and all
the other commodity sectors we serve.
About CNCN 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. As the only railroad connecting Canada’s Eastern and
Western coasts with the Southern tip of the U.S. through a
19,500-mile rail network, CN and its affiliates have been
contributing to community prosperity and sustainable trade since
1919. CN is committed to programs supporting social responsibility
and environmental stewardship.
Contacts:
Media |
Investment Community |
Jonathan Abecassis |
Paul Butcher |
Senior Manager |
Vice-President |
Media Relations |
Investor Relations |
(514) 399-7956 |
(514) 399-0052 |
media@cn.ca |
investor.relations@cn.ca |
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