Weekly Performance Update - To Grain Week 46 …...Orders Future Week Orders Total Cars Supplied This Year Last Year This Year Last Year This Year Last Year This Year Last Year CN

Week 46 Performance

CN and CP supplied a combined 89% of hopper cars ordered in grain week 46, a decrease from last week's 93%, reflecting a decrease in performance on CN with no change in CP performance from the prior week. CN's performance was below the 90% threshold supplying 81% of cars ordered. CP's performance was unchanged week over week, supplying 97% of cars ordered as compared to 97% in the prior week. CN and CP combined will enter week 47 with 1,045 outstanding cars - a net significant increase (+556) from the 489 cars outstanding at the end of last week. The change in the outstanding car count represents an increase in the number of outstanding hopper cars on both CN by (+483) and CP by (+73), respectively.

In week 46, CN corridor performance improved or remained the same in 4 of 6 corridors relative to last week's performance. Performance declines were seen in the Prince Rupert and Vancouver Bulk corridors, which saw 72% and 84% of cars ordered for week 46 supplied on time. These two corridors represented 80% of total hopper car demand for CN in week 46. CP saw performance hold or improved in 4 of 5 corridors with a slight decline in performance seen in the Vancouver Bulk corridor.

All outstanding orders (14) remain current - i.e. unfulfilled week 46 orders.

CN

• CN supplied 81% of hopper cars ordered for week 46, representing a decrease from last week's 90% order fulfillment performance. CN supplied 4,235 of 5,206 cars ordered, failing to supply 971 cars ordered.

• During week 46, CN supplied a total of 4,658 hoppers with 423 being outstanding orders placed prior to week 46 (see table page 3).

• CN's performance was inconsistent across shippers with 57% of shippers receiving less than 80% of cars ordered on time.

• Shipper demand remained above the 4,000-car threshold.• Shipper demand for hopper cars is 6% lower in week 47, declining to 4,936 and is expected to decrease 5% to 4,689

cars in week 48.• Heading into week 47, CN has 908 outstanding orders, reflecting a 114% increase (+483) from the 425 outstanding

orders at the beginning of week 46.

CP

• CP fulfilled 97% of hopper cars ordered for week 46 consistent with the performance seen last week.• For week 46, CP supplied 5,248 of 5,433 cars ordered, failing to supply 185 cars ordered.• During week 46, CP supplied a total of 5,171 hoppers including 65 for previously outstanding orders. (see table page 3).• Shipper demand remained above 4,000 cars for the fourteenth consecutive week in the current grain year.• Shipper demand for hopper cars will increase 6% to 5,772 in week 47 and is expected to increase 2% to 5,911 cars in

week 48.• CP's performance was consistent across shippers with all shippers receiving 91% or more of cars ordered on time.• Heading into week 47, CP has 137 outstanding orders, representing a 114% increase (+73) from the 64 outstanding

orders entering week 46.

Hopper Car Rationing

CN

• CN rationed no hopper car orders in week 46. • Preliminary indications suggest that there will be no rationing in week 47. • Through the first 46 weeks of the current grain year, CN has rationed 21,143 hopper car orders as compared to 11,528

for the same period last year. • YTD 2019/2020 orders have been rationed across all corridors as shown below:

◦ Vancouver (10,235)◦ Prince Rupert (5,125)◦ Thunder Bay (1,492)◦ Eastern Canada (3,804)◦ All Other (487)

CP

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Weekly Performance Update - To Grain Week 46 (Grain Year 2019-20)Covering 90% of grain movement originating in Western Canada

• CP rationed zero hopper car orders in week 46. • Preliminary indications suggest that there will be no rationing in week 47. • Through the first 46 weeks of the current grain year, CP has rationed 102 hopper car orders for ATC shippers, as

compared to 215 for the same period last year. • YTD 2019/2020 orders have been rationed across all corridors as shown below:

◦ Vancouver (26)◦ All Other (76)

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Performance Dashboard

Hopper Car Demand Cars Shipped

Week 46 This Year Last YearThis Year versus

Last Year

This Year

Last Year

This Year vs. Last

Year YTDWeekly Average YTD

Weekly Average YTD

Weekly Average

CN 5,206 4,236 970 207,141 4,503 195,938 4,259 11,203 243

CP 5,433 4,654 779 213,649 4,644 186,783 4,060 26,866 584

10,639 8,890 1,749 420,790 9,147 382,721 8,319 38,069 827

Railway Corridor Week 46 YTD

CN N.A. Domestic 407 21,419

Prince Rupert 1,113 52,653

Thunder Bay 922 20,719

Vancouver 2,255 86,834

Total 4,697 181,625

CP N.A. Domestic 204 20,454

Thunder Bay 1,521 52,696

Vancouver 3,307 136,701

Total 5,032 209,851

Empty Hopper Cars Supplied - Week 46 (All Want Weeks) Supplied by Block Size

Current Week Orders

Prior Week Orders Future Week Orders Total Cars Supplied

This Year

Last Year This Year

Last Year This Year

Last Year

ThisYear Last Year

CN 4,235 3,051 423 1,239 10 4,658 4,300

CP 5,102 3,569 65 20 4 891 5,171 4,480

9,337 6,620 488 1,259 4 901 9,829 8,780

Week 46 Year to DateBlock Size CN CP Total CN CP Total

1 1% 2% 2% 3% 3% 3%

25 3% 1% 2% 3% 2% 3%

50 14% 7% 10% 10% 7% 8%

100 82% 90% 86% 85% 88% 86%

Current Week Order Fulfillment

CN CP Total

Current Week Hopper Car Demand 5,206 5,433 10,639Current Week Order Fulfillment

Supplied in Current Week 4,235 5,102 9,337

Supplied Early 146 146

Total Cars Supplied for Want Week 4,235 5,248 9,483

Current Week Unfulfilled Demand (971) (185) (1,156)

% Current Week Orders Supplied 81% 97% 89%

81% 97%

Loaded Dwell Time (Hours) at Origin (All Traffic) Dwell Time (Hours) at Destination (All Traffic)

Week 46 Year to Date

This Year Last Year This Year Last YearCN 34 32 61 48CP 28 31 48 57

Week 46 Year to DateThis Year Last Year This Year Last Year

Vancouver CN 19 17 20 21CP 18 33 27 24

Thunder Bay CN 36 47 43 39CP 50 43 48 48

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Corridor Performance

Total Hopper Car Supply by Corridor for Current Year Orders - To Week 46

Railway Corridor Ordered Supplied Unfulfilled Demand %Supplied

CN Vancouver Bulk 95,265 83,952 (11,313) 88%

Thunder Bay 22,554 20,622 (1,932) 91%

Prince Rupert 59,161 52,731 (6,430) 89%

Vancouver Other / W. Canada 4,805 4,014 (791) 84%

USA / Mexico 3,851 3,337 (514) 87%

Eastern Canada 21,505 17,262 (4,243) 80%

Total 207,141 181,918 (25,223) 88%

CP Vancouver Bulk 133,523 130,818 (2,705) 98%

Thunder Bay 53,702 53,094 (608) 99%

Vancouver Other / W. Canada 9,141 8,818 (323) 96%

USA / Mexico 10,780 10,613 (167) 98%

Eastern Canada 6,503 6,316 (187) 97%

Total 213,649 209,659 (3,990) 98%

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Hopper Cars Supplied in the Want Week by Corridor - To Week 46

Week 46 Year to Date

Railway Corridor Ordered Supplied %Supplied Ordered Supplied %Supplied

CN Vancouver Bulk 2,701 2,269 84% 95,265 76,613 80%

Thunder Bay 577 516 89% 22,554 19,804 88%

Prince Rupert 1,479 1,067 72% 59,161 48,123 81%

Vancouver Other / W. Canada 42 32 76% 4,805 3,665 76%

USA / Mexico 50 49 98% 3,851 3,151 82%

Eastern Canada 357 302 85% 21,505 15,538 72%

CN Total 5,206 4,235 81% 207,141 166,894 81%

CP Vancouver Bulk 3,380 3,237 96% 133,523 122,420 92%

Thunder Bay 1,801 1,784 99% 53,702 51,389 96%

Vancouver Other / W. Canada 99 99 100% 9,141 7,763 85%

USA / Mexico 102 77 75% 10,780 9,390 87%

Eastern Canada 51 51 100% 6,503 6,005 92%

CP Total 5,433 5,248 97% 213,649 196,967 92%

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Origin Dwell Performance

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Destination Dwell Performance

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Port Terminal - Unloading Time

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Glossary of Terms

Hopper Car Demand The total number of hopper cars ordered for a given want week for each of CN and CP. Demand data is presented for the current week report and for the grain year to date. Comparisons are provided for the current grain versus the prior grain year.

Empty Hopper Cars Supplied

A count of all empty hopper cars supplied for the grain service week being reported on. Supply is categorized based on whether it is for the current want week, for prior week orders or for future week orders (supplied early).

Supplied by Block Size Percentage distribution of total hopper car supply for the current report week and year to date (YTD) based on the block size ordered by shippers and as reported by shippers.

Hopper Cars Supplied in Want Week

A count of all empty hopper cars supplied for a want week in that want week including cars supplied early which are considered on time.

Want Week Order week as defined by the railways

Cars Supplied Early Cars supplied for orders in a given want week supplied in advance of that week – these cars are considered on time for performance measurement purposes.

Cars Supplied Late Cars supplied during a grain service week that are for a prior week’s orders.

Hopper Car Orders Supplied Within the Want Week

The number of hopper cars supplied by the railways during or in advance of the want week expressed as a percentage of total orders for the week.

Future Week Orders Orders supplied in a given grain service week that are for orders in weeks after the week for which performance is being reported. – Reference Page 1 – Empty Hopper Cars Supplied

Prior Week Orders Orders supplied in a given grain service week that are for orders in weeks prior to the week for which performance is being reported. – Reference Page 1 – Empty Hopper Cars Supplied

Outstanding Orders Orders that shippers expect to have fulfilled by the railways that remain unfulfilled as of the report date. This excludes bad order cars, shorted cars, denied orders and railway cancellations.

Unfulfilled Demand The calculation of total unfulfilled demand for hopper cars represents the accumulated difference across all grain weeks in the year between the number of cars ordered by shippers and the number of cars supplied by the railway for those orders. This total unfulfilled demand includes orders not filled as a result of bad order and shorted cars and as such represents the volume of missed and deferred shipper orders.

Origin Dwell The elapsed time from the release of loaded cars by shippers to the time the railways physically pull the cars from a shipper’s siding for movement to destination.

Destination Dwell The elapsed time from the time a railcar arrives at the destination railway yard to the time it is placed at the receiver’s facility for unloading.

Unloading Time The average time elapsed between the placement of a loaded car at the receiver’s facility and the release of the empty car back to the railway.

Port Terminal Unloading Time

The average elapsed time between the placement of a loaded car for unloading to the release of the empty car. This measure is based on railway reported placement and empty release events.

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Documents

Weekly Performance Update - To Grain Week 46 …...Orders Future Week Orders Total Cars Supplied This Year Last Year This Year Last Year This Year Last Year This Year Last Year CN