Canadian Pacific Railway Ltd
(NYSE: CP)
124.55
+1.80
+1.47%
MORE ON CP
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | Canadian Pacific Railway Ltd |
| Industry: | Railroads |
| Employees: | 14,169 |
DESCRIPTION
| Canadian Pacific Railway Ltd was incorporated by Letters Patent in 1881 pursuant to an Act of the Parliament of Canada. The Company provides freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States. Its rail network is spread across an area of 14,400 miles, serving the principal business centers of Canada from Montreal, Quebec, to Vancouver, British Columbia, and the U.S. Northeast and Midwest regions. The Company transports bulk commodities, including grain, coal, sulphur, and fertilizers; and merchandise freight, such as finished vehicles and automotive parts. It also transports forest products, such as wood pulp, paper, paperboard, newsprint, lumber, panel, and oriented strand board; and industrial and consumer products comprising chemicals, energy, and plastics, as well as mine, metals, and aggregates. It primarily derives revenues from freight transportation. In addition, it makes revenues from leasing of certain assets, switching fees, contracts with passenger service operators, as well as provision of logistical services. The Company’s operations are primarily regulated by the Canadian Transportation Agency and Transport Canada in Canada and the FRA and the STB in the U.S. |
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