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Railways Publish Annual Grain Service Reports

 

On July 31 and August 1 respectively, Canadian Pacific Kansas City (CPKC) and Canadian National (CN) railways released their annual Grain Service Outlook Reports for the crop year 2023-2024.

These reports are an extension to the Canadian government’s mandate from 2014 that set out the minimum volumes of grain that have to be moved by CN and CP (now CPKC) to port each week. In addition to this, both railways are required to issue annual reports that provide an assessment of their plans and capabilities to transport grain for the upcoming crop year.

This year’s report is a first for the CPKC since their recent merger in April. CP’s acquisition of KCS has created the first transnational railway that provides a single-line connection between Canada, the U.S. and Mexico. This rail network enables Canada’s grain shippers to access markets across North America, including new markets in Mexico, and enhanced routing options for shipping Canadian grain and grain products overseas. Additionally, CPKC has completed its more than $500 million investment to purchase 5,900 new higher-capacity grain hopper cars.

Some of the highlights from the CN plan include updates on some of their ongoing initiatives; the delivery of 750 new high-efficiency grain hopper cars in 2024, the expansion of CN’s locomotive modernization program to upgrade older Direct Current locomotives to the newer, more powerful and reliable Alternating Current technology, and a new Precision Dispatch System to help optimize train movement across the network.

For the full reports, see here: CN Rail & CPKC