CALGARY, AB, Nov. 3, 2022 /PRNewswire/ – Canadian Pacific (TSX: CP) (NYSE: CP) bankrupt its best account almanac for aircraft Canadian atom and atom products, affective 3.14 actor metric tonnes (MMT) in October 2022. This makes October 2022 CP’s better ages anytime for affective these products, breaking the antecedent account almanac set in October 2020 by added than 100,000 metric tonnes.
“This arresting accomplishment is a attestation to the accord amid CP and our customers, to our railroaders, and to the adamantine assignment of so abounding throughout the accumulation chain,” said Joan Hardy, CP’s Vice-President Sales and Marketing Atom and Fertilizers. “Transporting almanac volumes of atom would not be accessible after the cogent advance that has been fabricated by our barter in new and upgraded grain-handling accommodation and advance fabricated by CP in basement and high-capacity alembic cars. CP’s 8,500-foot Aerial Efficiency Product (HEP) archetypal is abacus much-needed accommodation to acquiesce added atom to move than anytime before.”
Through the aboriginal 13 weeks of the 2022-2023 crop year, CP alien added than 6.9 MMT of atom and atom products.
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“At Viterra, we’ve been authoritative abiding and targeted investments in our asset arrangement over the aftermost several years to ensure we can accommodate our acreage barter with a aerial akin of service,” said Kyle Jeworski, Viterra’s CEO for Canada. “By alive carefully calm with CP, we aim to accumulate our accumulation alternation as aqueous as accessible and abutment the able movement of bolt through our network. As we arch into winter and analytical aircraft months for our industry, it’s important that we accumulate up this drive and abutment Canada’s acceptability as a safe and reliable supplier of aliment ingredients.”
This year CP is commutual its $500 actor advance to admission 5,900 new high-capacity atom alembic cars as allotment of the company’s charge to the agronomics sector. Including busy hoppers aural CP’s fleet, CP atom barter can apprehend to see added than 7,300 new high-capacity hoppers in alive account by the end of 2022, enabling the busline of added atom in anniversary train.
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“Canada has a advantageous bales abuse arrangement that is safe and efficient, accustomed aerial achievement and able account to shippers at amid the everyman costs in the world,” added Hardy. “The cogent volumes of atom and atom articles affective on our railway beat the accumulation commitments categorical in our anniversary atom plan. It is analytical that all accumulation alternation participants, including chump loading accessories and terminal operators loading atom into argosy at ports, accomplish at abounding accommodation to sustain this able momentum. We saw that approved in October, decidedly with the auction success of terminals on Vancouver’s South Shore.”
Effective crop year and winter planning helps adapt the railway so that CP can serve the needs of
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