Core Insights - Canadian Pacific Kansas City (CP) achieved a record in February 2026, transporting 2.232 million metric tons (MMT) of Canadian grain, surpassing the previous record set in 2021 [1][8] - The company moved a total of 4.501 MMT of grain across Canada and the United States in February, setting another monthly record for its network [3][8] - CP's performance is attributed to investments in the grain supply chain, improved grain-handling capacity, and close coordination with customers and supply-chain partners [3] Performance Metrics - In January 2026, CP transported 2.395 MMT of Canadian grain and 24,688 carloads, both of which were monthly records [2] - During the first 30 weeks of the 2025-2026 crop year, CP moved over 17.1 MMT of Canadian grain, marking the highest level since the record-setting 2020-2021 crop year [2][8] - The company's shares have increased by 15% over the past three months, compared to a 13.8% rise in the Transportation - Rail sector [4] Zacks Rank and Comparisons - CP currently holds a Zacks Rank of 3 (Hold) [6] - For investors in the Zacks Transportation sector, Southwest Airlines (LUV) and Wabtec (WAB) are notable considerations, with LUV holding a Zacks Rank of 1 and WAB a Zacks Rank of 2 (Buy) [7][9][10]