I note CN is doing a much better job of providing service than CP:"While CN fulfilled 69% of orders in non-bulk corridors, CP supplied 12% of cars for current week orders in Grain Week 31 in non-bulk corridors."
"Weekly Performance Update – To Grain Week 31 (CY 2014)
1 |
Summary
CN and CP supplied 3,498 (47%) of the 7,444 hopper cars ordered for delivery in week 31. They supplied a further 4,096 cars that fulfilled customer orders from previous weeks. When railway car orders are not supplied to shippers in the week they are ordered, some shipper grain sales will be lost and some will be deferred. Lost sales cannot be recovered as international buyers will obtain this grain from suppliers outside Canada. Deferred sales may be filled by the grain company in later weeks using cars supplied later on in the year by the railway however they can result in extra costs to the supply chain through higher inventory carrying costs, payment of contract penalties by shippers, payment of ocean demurrage for waiting vessels and loss of goodwill with overseas customers.
The accumulation of each weeks unfulfilled demand for hopper cars remains over 23,000 cars for the current year and represents the total volume of missed and deferred shipper orders. The net unfulfilled demand – those orders that shippers continue to expect the railways to supply excluding orders associated with rejected cars, denied orders and railway cancellations – is now 9,975 orders.
Railway Car Supply – Grain Week 31
 CN spotted 4,188 hopper cars and CP spotted 3,406 hopper cars in the country in Grain Week 31 for a total supply of 7,594 cars – this included 4,096 cars that had been ordered for prior weeks. Grain Week 31 car spotting performance for CN was 16% higher than its YTD weekly average of 3,600 cars whereas CP remained slightly below it weekly average of 3,500 cars per week.
o In Grain Week 31 CN and CP supplied 3,498 (47%) of the 7,444 hopper cars ordered for delivery in Grain Week 31 representing a shortfall of 3,946 cars for Grain Week 31 orders.
o To date, the railways have supplied 43% of customer orders in the week for which cars were ordered with CN providing 56% of cars for the week they were ordered and CP 31% of cars in the week they were ordered.
o Grain Week 31 saw both CN (59%) and CP (35%) achieve their best single week performance for spotting of empty cars in the week for which they were ordered since Grain Week 16 for CN and Grain Week 13 for CP.
ï‚· Through the first 31 weeks of the current crop year, railways have failed to supply 23,995 hopper cars ordered by shippers. This represents a shortfall equivalent to 10% of shipper demand.
o more than 3,300 customer orders – approximately 33% of unfulfilled orders - have been outstanding for 4 weeks or longer 1
ï‚· Boxcar shippers received 70% of cars ordered for Grain Week 31. This is an improvement over the prior week yet full year fulfillment remains at 67% of shipper orders.
Corridor Performance
ï‚· In Grain Week 31 traffic destined to bulk terminals in Western Canada received a higher percentage (53%) of cars than other corridors. By comparison, non-bulk corridors including the USA/Mexico, Vancouver transload and Canadian domestic corridors received 34% of cars ordered for delivery in Grain Week 31.
ï‚· While CN fulfilled 69% of orders in non-bulk corridors, CP supplied 12% of cars for current week orders in Grain Week 31 in non-bulk corridors.
1 Based on net unfulfilled demand – excluding rejections, cancellations and denied orders – of 9,975"
"Weekly Performance Update – To Grain Week 31 (CY 2014)
1 |
Summary
CN and CP supplied 3,498 (47%) of the 7,444 hopper cars ordered for delivery in week 31. They supplied a further 4,096 cars that fulfilled customer orders from previous weeks. When railway car orders are not supplied to shippers in the week they are ordered, some shipper grain sales will be lost and some will be deferred. Lost sales cannot be recovered as international buyers will obtain this grain from suppliers outside Canada. Deferred sales may be filled by the grain company in later weeks using cars supplied later on in the year by the railway however they can result in extra costs to the supply chain through higher inventory carrying costs, payment of contract penalties by shippers, payment of ocean demurrage for waiting vessels and loss of goodwill with overseas customers.
The accumulation of each weeks unfulfilled demand for hopper cars remains over 23,000 cars for the current year and represents the total volume of missed and deferred shipper orders. The net unfulfilled demand – those orders that shippers continue to expect the railways to supply excluding orders associated with rejected cars, denied orders and railway cancellations – is now 9,975 orders.
Railway Car Supply – Grain Week 31
 CN spotted 4,188 hopper cars and CP spotted 3,406 hopper cars in the country in Grain Week 31 for a total supply of 7,594 cars – this included 4,096 cars that had been ordered for prior weeks. Grain Week 31 car spotting performance for CN was 16% higher than its YTD weekly average of 3,600 cars whereas CP remained slightly below it weekly average of 3,500 cars per week.
o In Grain Week 31 CN and CP supplied 3,498 (47%) of the 7,444 hopper cars ordered for delivery in Grain Week 31 representing a shortfall of 3,946 cars for Grain Week 31 orders.
o To date, the railways have supplied 43% of customer orders in the week for which cars were ordered with CN providing 56% of cars for the week they were ordered and CP 31% of cars in the week they were ordered.
o Grain Week 31 saw both CN (59%) and CP (35%) achieve their best single week performance for spotting of empty cars in the week for which they were ordered since Grain Week 16 for CN and Grain Week 13 for CP.
ï‚· Through the first 31 weeks of the current crop year, railways have failed to supply 23,995 hopper cars ordered by shippers. This represents a shortfall equivalent to 10% of shipper demand.
o more than 3,300 customer orders – approximately 33% of unfulfilled orders - have been outstanding for 4 weeks or longer 1
ï‚· Boxcar shippers received 70% of cars ordered for Grain Week 31. This is an improvement over the prior week yet full year fulfillment remains at 67% of shipper orders.
Corridor Performance
ï‚· In Grain Week 31 traffic destined to bulk terminals in Western Canada received a higher percentage (53%) of cars than other corridors. By comparison, non-bulk corridors including the USA/Mexico, Vancouver transload and Canadian domestic corridors received 34% of cars ordered for delivery in Grain Week 31.
ï‚· While CN fulfilled 69% of orders in non-bulk corridors, CP supplied 12% of cars for current week orders in Grain Week 31 in non-bulk corridors.
1 Based on net unfulfilled demand – excluding rejections, cancellations and denied orders – of 9,975"
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