Canadian Pacific Kansas City (CP.TO) after trade Tuesday said it set a new May record for transporting Canadian grain and grain products, moving 2.9-million tonnes during the month.
The company also set a new May record with 30,324 grain carloads, surpassing the previous record established in May 2020, it added.
So far in the 2025-2026 crop year, CPKC has transported more than 25.3-million tonnes of Canadian grain and grain products, marking its strongest performance since the record-setting 2020-2021 crop year, according to the statement.
"It is critical that all supply chain participants, including customer loading facilities and terminal operators loading grain into vessels at ports, operate at full capacity to sustain this strong momentum," the company added.
The railway's shares closed up $2.12 to $124.79 on the Toronto Stock Exchange.