By Canadian Press

GRAIN SHIPMENTS

CN on pace for record movement of western Canadian grain

Jul 3, 2019 | 7:16 AM

WINNIPEG- Canadian National Railway says it is on track to move record quantities of western Canadian grain after a strong June.

The country’s largest railway says it transported more than 2.3 million tonnes of grain last month.

The total was up nearly 16 per cent from the 1.99 million tonnes moved last year and above the three-year average of 1.8 million tonnes.

Allen Foster, CN’s vice-president of bulk goods, says it is optimistic that the strong pace of shipments in June will continue through to the end of the crop year and the railway can build on its record pace.

After 11 months of the 2018-19 crop year, the Montreal-based railway is on record pace at 25.5 million tonnes shipped.

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CN chief executive JJ Ruest says the railway is investing $210,000,000 in rail capacity in North Vancouver to support expanding coal and grain export terminals.

Meantime, Calgary-based Canadian Pacific Railway says it shipped 2.2-million tonnes of grain products in June, and 24.8-million tonnes since the start of the crop year, 3.3 per cent ahead of last year.

(The Canadian Press)