CALGARY, June 19, 2013 /PRNewswire/ - 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
schedules.
"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