"This is an important step towards definitive operating agreements that will benefit all stakeholders in Canada's grain industry, from farmers to destination customers. Viterra is dedicated to driving excellence in Canada's transportation supply chain, and has made a series of infrastructure investments over the last several years to promote the efficient movement of grains and oilseeds. We are pleased that CN and CP share our commitment, and through joint collaboration, are taking measures to improve rail service delivery," said Bob Miller, Viterra's senior vice-president, North American Grain.
The respective parties seek to establish specific metrics to measure performance in areas such as order placement and handling, country execution, transit and port performance. As a leading agribusiness, Viterra noted it loads more than 160,000 railcars and 300 ships in Canada annually.