Total grain movement in the month grew 3.9% over last year.
A record 15,865 carloads were moved to West coast ports in October, besting the previous record of 15,449 carloads in March 2016. According to CP, total Western Canadian grain movements in the month climbed 3.9% over last year, just off the record set in May 2014.
CP and its supply chain partners has invested millions in the past three years in grain country elevator capacity, and port capacity has already begun to fulfill the promise of greater efficiency, fluidity and velocity, the company said.
“I am proud of the CP team and applaud the efforts and early success of our supply chain partners as the crop season begins to accelerate into the colder months,” said Keith Creel, president and chief operating officer for CP. “We continue to focus on providing best-in-class service to our customers and look forward to moving more Western Canadian grain to market for the benefit of farmers, shippers and the Canadian economy.”
Grain is CP’s largest line of business, and grain movement for the 2015-16 crop year was flat relative to 2014-15, 4.7% higher than its three-year average and 11.6% above the five-year average, CP said.
CP said it continues to develop and innovate its Dedicated Train Program (DTP), which provides customers with greater clarity and control of car supply to manage their supply chain. The company said it has received positive feedback on the DTP, which has allowed customers to have a clear and guaranteed amount of rail capacity.