Release: September 15, 2020 CP and Maersk reach agreement that will benefit North American customers and the environmentTransload and Distribution Facility Agreement • September 17th, 2020 • Canadian Pacific Railway LTD/Cn • Railroads, line-haul operating
Contract Type FiledSeptember 17th, 2020 Company IndustryCalgary - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) and Maersk have reached an agreement to build and operate a world-class transload and distribution facility in Vancouver to expand CP’s and Maersk Canada’s supply chain options for customers. The CP transload facility will be an expansion of CP’s existing Vancouver Intermodal Facility and thus will benefit from turnkey rail infrastructure.