-- Canadian Pacific Kansas City (CP.TO, CP) on Monday said it set a April record for shipments of Canadian grain and grain products, moving 2.9 million tonnes (MMT) last month, surpassing the previous tonnage record set in April 2020.
Last month's 30,381 carloads also set a new April monthly record, beating the previous high set in April 2020, the company said.
First quarter totals of 7.2 MMT beat the previous record quarter reached in the first quarter of 2021. Through the first 38 weeks of the 2025-2026 crop year, CPKC transported more than 21.9 MMT of Canadian grain and grain products, said the company adding these are the largest Canadian grain totals since the record setting 2020-2021 crop year.
"We have started 2026 with a record first quarter for the movement of Canadian grain and have set monthly records in three of the first four months of the year as we move a record grain crop across Western Canada," said Elizabeth Hucker, vice-president sales and marketing bulk. "Our ability to safely and efficiently deliver record grain volumes comes from sustained investments in the grain supply chain and working closely with our customers across our network."
The company's shares closed down $4.09 to $113.07 on the Toronto Stock Exchange.