MONTREAL, Que.– Claude Mongeau, president and chief executive officer of CN, said that the company is continuing its record-setting pace of grain movements and remains fully in sync with the grain supply chain in Western Canada.
By the end of January 2015 — half-way through the 2014-15 Western Canada grain crop year — CN had transported 18 per cent more loaded grain covered hoppers in Western Canada than during the comparable period of the 2013-14 crop year, he said.
During the 2013-14 crop year, CN helped Canada to dispose of its largest-ever crop — at 77 million tonnes — and set an all-time record for grain exports at 42 million tonnes, the company said in a release.
The cumulative grain tonnage moved by CN since March 2014, when the federal government instituted minimum grain volumes for the major railways, has exceeded the company’s mandated volumes by two million metric tonnes.
“CN is working closely with its grain customers to make sure all end market segments receive proper service, and we are current in all the corridors we serve for grain destined to overseas and North American markets. CN is proud of its performance and the role it’s playing in helping Canadian grain growers efficiently reach world markets with exceptional volumes of grain for a second straight year,” Mongeau said.