CP (NYSE/TSX) CALGARY, May 23 /PRNewswire-FirstCall/ -- Toyota Logistics Services has awarded Canadian Pacific Railway (TSX/NYSE: CP) with the automaker's 2006 Presidents' Award for Rail Carriers and an Excellence Award for Customer Service. "Canadian Pacific Railway consistently demonstrates the qualities that make a partnership successful," said Alan DeCarr, Group Vice President, Toyota Logistics Services. "Toyota is pleased to recognize CP's commitment to leadership in the rail industry." Each year, Toyota Logistics Services (TLS) reviews their Logistic Partners' performance across multiple criteria in three major categories: On-time Performance; Customer Service; and Quality. Excellence Awards for each category are presented to the top performing carrier for each transportation mode: rail, truck, and ocean. TLS also selected the best overall carrier in each mode to receive their Presidents' Award based upon overall performance across all service categories. "Canadian Pacific is very proud to be selected by TLS to receive these distinguished performance awards," said Marcella Szel, CP's Senior Vice President of Marketing and Sales. "This is a testament to the collaborative focus and ingenuity that the entire Canadian Pacific team provides to Toyota's service delivery." Szel noted CP's association with Toyota dates back over 40 years in which the railway provides transportation of finished vehicles for Toyota, which is celebrating its 50th year of operation in North America. Canadian Pacific, through the ingenuity of its employees located across Canada and in the United States, remains committed to being the safest, and most fluid railway in North America. Our people are the key to delivering innovative transportation solutions to our customers and to ensuring the safe operation of our trains through the more than 900 communities where we operate. Our combined ingenuity makes Canadian Pacific a better place to work, rail a better way to ship, and North America a better place to live. Come and visit us at http://www.cpr.ca/ to see how we can put our ingenuity to work for you. Canadian Pacific is proud to be the official rail freight services provider for the Vancouver 2010 Olympic and Paralympic Winter Games. DATASOURCE: Canadian Pacific Railway CONTACT: Breanne Feigel, Canadian Pacific, (403) 319-3932,

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