Core Insights - Canadian Pacific Kansas City (CPKC) has achieved record-breaking transportation of Canadian grain and grain products in February 2026, moving 2.232 million metric tonnes (MMT), surpassing the previous record set in February 2021 [1] - The company also set a new record for carloads in February 2026, with 23,088 carloads, exceeding the previous high from February 2021 [1] - CPKC's strong performance continues from January 2026, where it transported 2.395 MMT of Canadian grain, also a record for that month [1] Transportation Performance - In the first 30 weeks of the 2025-2026 crop year, CPKC transported over 17.1 MMT of Canadian grain and grain products, marking the highest totals since the 2020-2021 crop year [1] - February 2026 also set a record for total grain moved in Canada and the United States on the CPKC network, with approximately 4.501 MMT transported and 46,896 carloads [1] Supply Chain Efficiency - The volumes of Canadian grain transported exceeded average supply chain capacity targets outlined in CPKC's annual grain service plan, indicating effective planning and demand forecasting [1] - CPKC emphasizes the importance of all supply chain participants, including loading facilities and terminal operators, to operate at full capacity to maintain momentum [1] Company Overview - CPKC is the first and only single-line transnational railway linking Canada, the United States, and Mexico, with extensive access to major ports across North America [1] - The company operates approximately 20,000 route miles and employs 20,000 railroaders, providing comprehensive rail service and logistics solutions [1]

Core Insights - Canadian Pacific Kansas City (CPKC) achieved a record shipment of 2.395 million metric tonnes (MMT) of Canadian grain and grain products in January 2026, surpassing the previous record set in January 2023 [1] - The company also set a new monthly record with 24,688 carloads in January 2026, exceeding the previous high from January 2023 [1] Company Performance - CPKC's strong performance in grain shipping is attributed to close collaboration with grain customers and efficient operations with supply chain partners, supported by significant investments in grain-handling capacity and high-capacity hopper cars [2] - The volumes of grain shipped exceed the average supply chain capacity targets outlined in CPKC's annual grain service plan, emphasizing the importance of full capacity operations across all supply chain participants [2] Industry Context - In the first 26 weeks of the 2025-2026 crop year, CPKC shipped over 15.1 MMT of grain and grain products, marking the largest totals since the record-setting 2020-2021 crop year [3] - Effective planning and demand forecasting for the crop year and winter are crucial for CPKC to meet customer needs and support the broader economy [3] Company Overview - CPKC is the first and only single-line transnational railway connecting Canada, the United States, and Mexico, with extensive access to major ports across North America [4] - The company operates approximately 20,000 route miles and employs 20,000 railroaders, providing comprehensive rail service and logistics solutions to North American customers [4]