Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) crushed grain volumes in October, with shipments exceeding all-time records as export demand and new assets drove volumes higher.
CP hauled 3.04 million metric tonnes (MMTs) in October, crossing the 3 MMT threshold and exceeding the previous all-time record set in April by 6.9%. Compared to October 2019, volumes of grain and grain volumes were up by 14.2%.
“CP’s customers are managing strong and healthy supply chains to the ports, where new and...
https://www.freightwaves.com/news/canadian-railways-crush-october-grain-records-amid-export-boom