1. CPKC awarded Cargill Elva and Elbow Lake Co-op for excellence in grain operations. 2. Cargill Elva moved 450,000 metric tonnes, marking its first award win. 3. Elbow Lake Co-op increased throughput to 543,000 metric tonnes, winning third consecutive award. 4. Awards reflect CPKC's commitment to safe and efficient grain supply chains. 5. Cargill expands operations with new facility to support Canadian farmers.
The recognition of top-performing grain elevators enhances CPKC’s reputation, potentially driving increased business. History shows that prestigious awards lead to increased customer loyalty and new contracts.
This news is pivotal for enhancing CPKC's market position in the grain industry, impacting future contracts and profitability. The positive recognition of operational efficiency is fundamental in the competitive rail freight sector.
The award is likely to have immediate benefits in customer relations and may boost short-term revenues. Immediate investments by Cargill in processing facilities signal increased future shipping demands.
CALGARY, AB, Mar. 3, 2025 /PRNewswire/ -
Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) said today it has named Cargill Elva in Canada and Elbow Lake Co-op Grain in the United States grain elevators of the year for the 2023-2024 crop year.
Each crop year, CPKC presents its Elevator of the Year award to one grain customer in Canada and one in the United States in recognition of facilities that move high volumes from a single loading point while consistently demonstrating efficient railcar loading and a strong commitment to safety.
"Our grain Elevator of the Year award honours a commitment to safe and efficient operations in our grain supply chain as we work together to help producers in Canada and the U.S. supply the world with high-quality agricultural products," said Jonathan Wahba, CPKC Senior Vice-President Sales and Marketing, Intermodal, Automotive & Bulk. "Congratulations to Cargill Elva and to Elbow Lake Co-op Grain, marking its third straight Elevator of the Year award, for their outstanding performance."
Cargill Elva in Melita, Man., is a valued customer and first-time winner of the CPKC Elevator of the Year award. Cargill Elva has shown safe and efficient loading operations with each unit-train loaded at the site while moving more than 450,000 metric tonnes of grain.
"We appreciate CPKC's recognition of our team's efforts in Elva who work every day to provide farmers with safe, reliable access to markets for their grain around the world," said Jeff Vassart, President, Cargill Limited. "Cargill continues to make significant investments in our grain elevator and canola processing facilities to serve Canadian farmers, and we are excited to open our new Canola processing facility in Regina later this year. I'd like to thank our team and customers in Elva for their support enabling us to achieve this award."
Elbow Lake Co-op Grain, located in Elbow Lake, Minn., winner of this award for the last three crop years, had the highest tonnage across the U.S. north network with more than 543,000 metric tonnes for the full crop year, an increase from the previous year. In addition, Elbow Lake Co-op Grain leveraged the expanded CPKC network with multiple corn trains to Mexico.
"We're very happy to be recognized by CPKC for our performance for the third year in a row. It's really a joint effort between Elbow Lake Co-op Grain, the customers who support our business and the CPKC railroad," said Kevin Stein, General Manager, Elbow Lake Co-op Grain.
With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf of México to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC. CP-IR
SOURCE CPKC