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Canadian growers move a record 21.8 million metric tonnes of grain on CN network during 2016-2017 crop year
Canadian growers move a record 21.8 million metric tonnes of grain on CN network during 20...
About this update from Canadian National Railway Company
[{"type":"text","content":"\n\n\n\nCanadian growers move a record 21.8 million metric tonnes of grain on CN network during 2016-2017 crop year\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, Aug. 22, 2017\n\n\n\nIn year-end crop report, CN calls for federal infrastructure investment for Vancouver's North Shore\n\n\n\nMONTREAL, Aug. 22, 2017 /CNW/ - CN (TSX: CNR) (NYSE:CNI) announced today it moved a record 21.8 million metric tonnes of Western Canadian grain during the 2016-17 crop year. \n\n\"Through innovation, collaboration and improved communication with our supply chain partners, CN moved more grain in a single crop year than ever before,\" said Doug MacDonald, CN vice president of bulk. \"We did this by further developing our supply chain ingenuity with our partners to meet demand, resulting in improvements in the use of equipment and better than ever efficiencies in size of trains.\" \n\nIn a year-end grain report published today, CN outlined other key highlights from the crop year, including: \n\n\nShipping seven per cent more tonnage than the prior three-year-average\nBeating the one-year record set in 2014-15 by two per cent\nSix new monthly shipping records between the peak months of September and March when grain prices are highest\nIntroduction of 200-car grain trains to improve efficiency and turn equipment back to the Prairies faster\nExpanded use of distributed power and air repeater cars to extend train length and improve train braking during extreme weather winter months\n\nCOMMERCIAL AGREEMENTS \"We gave our customers what they were looking for by significantly expanding our commercial product offering,\" said MacDonald. \"CN expanded commercial agreements that guarantee car supply in advance to our customers both large and small. This commercially-driven innovation includes reciprocal penalties which drive accountability for both shippers and CN, and allows our customers to make market-based decisions.\"\n\nLast crop year, customers secured approximately 70 per cent of CN's car supply in advance under commercial...