CPKC ships 2,395 billion metric tonnes grain in January

Executive Summary

• Canadian Pacific Kansas City Ltd. (CPKC) set new monthly records for Canadian grain and grain products shipments in January 2026, surpassing previous records established in January 2023.
• The company shipped 2,395 billion metric tonnes of grain and grain products in January 2026, accompanied by a record 24,688 carloads.
• Through the first 26 weeks of the 2025-2026 crop year, CPKC has shipped over 15.1 million metric tonnes (MMT), marking the largest totals since the 2020-2021 crop year.

Key Details

• January 2026 Volume: Shipped 2,395 billion metric tonnes of grain and grain products, breaking the previous record set in January 2023.
• January 2026 Carloads: Moved 24,688 carloads, setting a new monthly record and beating the previous high from January 2023.
• Crop Year Performance (2025-2026): Shipped more than 15.1 MMT of grain and grain products through the first 26 weeks of the crop year.
• Historical Context: The 15.1 MMT shipped in the first 26 weeks of the current crop year represents the largest totals since the record-setting 2020-2021 crop year.
• Capacity Utilization: Grain volumes exceeded the average supply chain capacity targets outlined in CPKC’s annual grain service plan.
• Infrastructure Drivers: Record volumes are attributed to significant investments in grain-handling capacity and high-capacity hopper cars by CPKC and its customers.
• Operational Requirement: CPKC emphasized the critical need for all supply chain participants, including customer loading facilities and terminal operators at ports, to operate at full capacity to sustain momentum.

Notable Quotes

• "By working closely with our grain customers and working efficiently with our supply chain collaborators, our railroaders have delivered record amounts of grain and grain products across Western Canada to start the year," said Jonathan Wahba, senior vice-president, sales and marketing. "This performance and record volumes have been made possible through significant investment in the grain supply chain made by CPKC and our customers in new and upgraded grain-handling capacity and high-capacity hopper cars."