CPKC names Cargill Elva, Elbow Lake Co-op grain elevators of the year

Canadian Pacific Kansas City (CP) has announced its Grain Elevator of the Year awards for 2023-2024, recognizing Cargill Elva in Canada and Elbow Lake Co-op Grain in the United States for their exceptional performance in grain handling operations.

Rhea-AI Summary

Canadian Pacific Kansas City (CP) has announced its Grain Elevator of the Year awards for 2023-2024, recognizing Cargill Elva in Canada and Elbow Lake Co-op Grain in the United States for their exceptional performance in grain handling operations.

Cargill Elva, located in Melita, Manitoba, is a first-time winner, having moved over 450,000 metric tonnes of grain with efficient and safe loading operations. Elbow Lake Co-op Grain in Minnesota secured the award for the third consecutive year, achieving the highest tonnage across the U.S. north network with more than 543,000 metric tonnes, showing an increase from the previous year. The facility has also expanded its operations by shipping multiple corn trains to Mexico through CPKC's network.

Positive

• Elbow Lake Co-op increased tonnage from previous year
• Elbow Lake Co-op expanded operations to Mexico market
• Two facilities moved combined volume over 993,000 metric tonnes

Negative

• None.

Argus Session date unavailable

-2.70% session move Open Argus

Details

News Market Reaction – CP

The recorded move for CP in the trading session of this news was -2.70%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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.

About CPKC

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/cpkc-names-cargill-elva-elbow-lake-co-op-grain-elevators-of-the-year-302388883.html

SOURCE CPKC

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much grain did Cargill Elva move to win CP's Elevator of the Year award?

Cargill Elva moved more than 450,000 metric tonnes of grain during the 2023-2024 crop year.

What volume did Elbow Lake Co-op Grain achieve to win CP's award in 2023-2024?

Elbow Lake Co-op Grain moved over 543,000 metric tonnes, the highest tonnage across the U.S. north network.

How many consecutive years has Elbow Lake Co-op Grain won CP's Elevator of the Year award?

Elbow Lake Co-op Grain has won the award for three consecutive crop years.

What new market expansion did Elbow Lake Co-op achieve through CP's network?

Elbow Lake Co-op Grain expanded operations by shipping multiple corn trains to Mexico through CPKC's network.