CN Sets New Grain Movement Record
November 02 2022 - 08:30AM
CN (TSX: CNR) (NYSE: CNI) today announced that October was the
single best month ever for Western Canadian grain movement on CN’s
network. The Company moved over 3.23 million metric tonnes of grain
from Western Canada. This exceeds the previous record set in
October 2020 by over 50,000 metric tonnes and follows an all-time
record set for weekly movement earlier in the month. These records
were accomplished despite some challenges in the supply chain that
CN and its supply chain partners addressed by working together.
“Our railroaders have once again surpassed
expectations and delivered for the North American economy and I
would like to thank them for their stellar work. Our people are the
key to our success and I am proud that we continue to set
records.”
- Rob Reilly, Executive
Vice-President and Chief Operating Officer, CN
“Our performance is a testament to what can be
accomplished through supply chain cooperation and collaboration.
When the end-to-end supply chain runs well, we can move grain to
ports and return railcars quickly to elevators to get more grain on
the move. We would like to thank our supply chain partners for
their part in this accomplishment and we look forward to continuing
to work together.”
- Doug MacDonald, Executive
Vice-President and Chief Marketing Officer, CN
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 18,600-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 |
438-455-3692media@cn.ca |
(514)
399-0052investor.relations@cn.ca |
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