Canada's two largest railways moved record quantities of grain in the second quarter after benefiting from another strong month in June.
Canadian National Railway said it is on pace for record shipments of grain this crop year after record movements of Canadian grain last month and the quarter as a whole contributed to its best performance in the first half-year.
CN Rail said it moved 15 million tonnes from January to June, 8.15 million tonnes in the second quarter and 2.7 million tonnes in June, its fourth consecutive monthly high. Canadian Pacific Railway said it moved a record 8.41 million tonnes last quarter after shipping 2.76 million tonnes of grain and grain products in June.
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