CN Sets New Record for Canadian Grain Movement for the Fourteenth Consecutive Month
May 06 2021 - 8:00AM
CN (TSX: CNR) (NYSE: CNI) announced today that it moved 2.90
million metric tonnes (MMT) of western Canadian grain in April
2021, exceeding the previous April record of 2.82 MMT set in 2020
and over 5% 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% 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.
“Once again, and for the fourteenth consecutive
month, our dedicated team of railroaders has succeeded in setting a
new record for the movement of Canadian grain. Needless to say, the
valuable cooperation of our agri-food and supply chain partners was
key to achieving these results. 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.”
- James Cairns,
senior vice president, rail centric supply chain at CN.
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 www.cn.ca/grain.
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 U.S. South 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 |
Mathieu Gaudreault |
Paul Butcher |
Senior Advisor |
Vice-President |
Media Relations |
Investor Relations |
1-833-946-3342media@cn.ca |
(514)
399-0052investor.relations@cn.ca |
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