SHANGHAI, Feb. 1, 2018 /PRNewswire/ - Canadian Pacific
Railway Limited (TSX: CP) (NYSE: CP) today opened its new
Asia office in Shanghai, China, as it looks to further build
its book of business, strengthen existing customer partnerships and
continue its pursuit of sustainable, profitable growth.
Joining CP President and CEO Keith
Creel for the official opening were John Brooks, Senior Vice-President and Chief
Marketing Officer; Jonathan Wahba,
Vice-President Sales and Marketing, Intermodal and Automotive; and
Corey Heinz, Managing Director,
Asia.
"With a third of our existing book of business already touching
Asia and exciting opportunities
for growth, now is the time for CP to connect with our customers in
Shanghai and across the
Pacific Rim," Creel said. "We have
been working hard to strengthen relationships with our customers in
Asia and are thrilled to finally
put down roots in a market that is so influential to our business.
We believe that providing on-the-ground support to connect with our
customers is the best way to continue to enhance the best-in-class
service CP has become known for."
The Shanghai office will serve
as CP's new Asian home base, to complement the company's existing
offices in Beijing and
Tokyo. CP offers shortest routes
and industry-leading service to key markets, and is a premier
partner at the Port of Vancouver,
the key entry point for Asian goods into the North American
economy.
"Congratulations to Canadian Pacific on the opening of the new
office in Shanghai, building on
CP's active presence in China and
throughout Asia," said
François-Philippe Champagne,
Minister of International Trade. "Expanding and diversifying trade
is a priority for the Government of Canada and, together with our network of trade
offices in China, we look forward
to working with CP in creating more opportunities for Canadians
throughout the region."
The dynamic marketplace in Asia
requires CP to be adaptable and collaborative to serve its
customers' evolving needs. CP will be adding key positions in
China to work with current and
prospective customers to sustainably grow CP's business and
theirs.
Heinz, who has over 23 years' experience managing negotiations
of multi-million dollar transportation contracts with major
corporate accounts, developing and directing supply chain
management programs for strategic accounts, developing sales
executives for high performance, and analyzing markets for
continued sales growth, will lead the Asia office.
"Under Corey's leadership we look forward to putting more dots
on the map, expanding our reach and working with current and
potential customers to sustainably grow our business and theirs,"
Creel said.
About Canadian Pacific
Canadian Pacific is a
transcontinental railway in Canada
and the United States with direct
links to major ports on the west and east coasts, providing North
American customers a competitive rail service with access to key
markets in every corner of the globe. CP 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 CP. CP-IR
SOURCE Canadian Pacific