12:33:05 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Canadian Pacific Railway Ltd
Symbol CP
Shares Issued 175,679,130
Close 2014-04-17 C$ 163.21
Market Cap C$ 28,672,590,807
Recent Sedar Documents

Van Sun says CP Rail promises to move U.S. fertilizer

2014-04-21 09:43 ET - In the News

The Vancouver Sun reports in its Saturday edition CP Rail has told a U.S. federal oversight board that moving fertilizer for spring planting does not present a "significant challenge" for the railway. The unbylined item says the Calgary-based railway told the Surface Transportation Board on Friday that it is committed to moving "fertilizer and plant nutrients as they are presented to the railroad." The Surface Transportation Board this week ordered CP and BNSF Railway to report their plans by Friday to ensure delivery of fertilizer shipments for spring crop planting. BNSF said Thursday it will add trains in the Dakotas, Minnesota and Montana solely for transporting fertilizer for spring crop planting. Canadian Pacific says it is a small player in U.S. fertilizer shipments, moving fewer than 50 cars daily with an overall market share of about 10 per cent. CP shares closed Thursday at $163.21, up $1 on the Toronto Stock Exchange.

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