CALGARY, June 19, 2013 /CNW/ - Canadian Pacific (TSX: CP) (NYSE: CP)
today announced it has launched a faster intermodal rail service
between Toronto and Calgary to better serve customers in this key
corridor. The new service offering cuts 20 hours from previous
"Customers are taking advantage of CP's faster transit times in major
intermodal corridors, and given Calgary's importance as a Canadian
distribution hub, improving this service is the next logical step,"
said Jane O'Hagan, CP's executive vice president and chief marketing
officer. "We are helping our customers become more competitive in their
own markets and offering previously unavailable options to business not
currently shipping with CP."
O'Hagan added, "CP is focused on its commitment to faster, more reliable
service for its customers. The improved schedule is made possible by
pairing efficient train design at origin while leveraging a CP
advantage; the shortest rail route between Toronto and Calgary."
The 20-hour service improvement means the 3,400 kilometre distance from
Toronto to Calgary will now take 64 hours.
Using similar practices last year, CP shortened schedules from Vancouver
to Chicago and Vancouver to Toronto. Initiatives like these will
continue to improve asset utilization while meeting customer demands
for supply-chain improvements.
About Canadian Pacific
Canadian Pacific (TSX:CP)(NYSE: CP) is a transcontinental railway in
Canada and the United States with direct links to eight major ports,
including Vancouver and Montreal, providing North American customers a
competitive rail service with access to key markets in every corner of
the globe. CP is a low-cost provider that is growing with its
customers, offering a suite of freight transportation services,
logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of Canadian Pacific.
SOURCE: Canadian Pacific
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