CALGARY, Dec. 8, 2011 /PRNewswire/ - Canadian Pacific
Logistics Solutions (CPLS) has developed a new wind energy supply
chain connecting manufacturers in Quebec and Florida with a new clean energy transload
facility in upper New York
State. CPLS is an industry leader in wind energy
logistics.
"CPLS has demonstrated competence and expertise in the movement
of these super-sized dimensional wind energy components," said
Stephen Whitney, VP Market
Development. "Our end-to-end logistics solution creates value
and drives service to new levels for these specialized
customers."
The new supply chain connects wind tower sections produced in
Trois Rivière, Québec and machine heads produced in Pensacola, Florida move in dedicated unit
trains or multiple car blocks using specialized railcars to a
dedicated transload facility in Plattsburgh, NY. The components will then
travel by truck to the wind project site in Pennsylvania. CPLS coordinates the entire
logistics process, including permitting, scheduling, transloading,
trucking and freight rail movements.
Since 2005, CP has handled over 3,400 carload of wind energy
components.
Note on forward-looking information
This news release contains certain forward-looking statements
relating but not limited to our operations, proposed investments,
anticipated financial performance and business
prospects. Undue reliance should not be placed on
forward-looking information as actual results may differ
materially.
By its nature, CP's forward-looking information involves
numerous assumptions, inherent risks and
uncertainties. Forward-looking statements are not guarantees
of future performance. Factors that could affect
forward-looking information include, but are not limited to:
changes in business strategies; general North American and global
economic, credit and business conditions; inflation; currency and
interest rate fluctuations; the availability and price of energy
commodities; the effects of competition and pricing pressures;
industry capacity; shifts in market demand; changes in laws and
regulations, including regulation of rates; changes in taxes and
tax rates; actions by regulators; potential increases in
maintenance and operating costs; uncertainties of litigation; risks
and liabilities arising from derailments; timing of completion of
capital and maintenance projects; currency and interest rate
fluctuations; technological changes; and various events that could
disrupt operations, including severe weather conditions, flooding,
earthquakes, labour disputes, risks and liabilities arising from
derailments as well as security threats and governmental response
to them. Other risks are detailed from time to time in reports
filed by CP with securities regulators in Canada and the
United States. Reference should be made to
"Management's Discussion and Analysis" in CP's annual and interim
reports, Annual Information Form and Form 40-F for a summary of
major risks.
Except as required by law, CP undertakes no obligation to update
publicly or otherwise revise any forward-looking information,
whether as a result of new information, future events or
otherwise.
About Canadian Pacific
Canadian Pacific (TSX:CP)(NYSE:CP) operates a North American
transcontinental railway providing freight transportation services,
logistics solutions and supply chain expertise. Incorporating
best-in-class technology and environmental practices, CP is
re-defining itself as a modern 21st century transportation company
built on safety, service reliability and operational efficiency.
Visit cpr.ca and see how Canadian Pacific is Driving the Digital
Railway.
SOURCE Canadian Pacific