CN Grain Movement: 2019-2020 Crop Year off to Good Start
05 Noviembre 2019 - 11:15AM
CN (TSX: CNR) (NYSE: CNI) announced that its Western
Canadian grain movements broke another record in the
month of October, with shipments of
2.8 million metric tonnes (MMT) of grain and
processed grain products. The previous record, set
in April 2019, was 2.7 MMT.
This fall has been plagued with cold and wet weather which has
negatively affected the pace of grain deliveries, leaving rail
capacity significantly under-utilized. Despite harvest delays and
international trade restrictions, CN has moved over 6.7 MMT so far
this year.
“We are all part of the same supply chain,
and as a railway CN fully understands the impacts that
weather can have on the end-to-end supply chain,” said Allen
Foster, vice president of Bulk at CN. “Investment at every step of
the supply chain – from producers and grain companies to CN’s
investment in new hopper cars, increased network capacity, and a
more modern locomotive fleet – all played a role in delivering a
record month.”
CN is a true backbone of the economy,
transporting more than C$250 billion worth of goods annually for a
wide range of business sectors, ranging from resource products to
manufactured products to consumer goods, across a rail network of
approximately 20,000 route miles spanning Canada and mid-America.
CN – Canadian National Railway Company, along with its operating
railway subsidiaries – serves the cities and ports of Vancouver and
Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile,
Ala., and the metropolitan areas of Toronto, Edmonton, Winnipeg,
Calgary, Chicago, Memphis, Detroit, Duluth, Minn./Superior, Wis.,
and Jackson, Miss., with connections to all points in North
America. For more information about CN, visit the Company’s website
at www.cn.ca.
|
|
Contacts: |
|
Media |
Investors |
Jonathan Abecassis |
Paul Butcher |
Senior Manager |
Vice-President |
Media Relations |
Investor Relations |
(514) 399-7956 |
(514) 399-0052 |
Canadian National Railway (TSX:CNR)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Canadian National Railway (TSX:CNR)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024