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Canadian Pacific Railway Ltd.

Title: Canadian Pacific Railway Ltd.
Category: Transportation
Clicks: 0
Added on: Nov 26, 2011
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Canadian Pacific Railway Ltd. is a rail transportation company listed on NYSE and TSX under the symbol CP. The main competitors of Canadian Pacific Railways are Burlington Northern Santa Fe, LLC, Schneider National, Inc., and Norfolk Southern Corporation.

The company was established in 1881 with the aim of connecting the populated centres in Canada to the relatively unpopulated territories of the West. The engineering works were finished in 1885 and ahead of schedule. During the Second World War, the company moved 86 million passengers and over 300 million tons of freight. Norris R. Crump, CPR chief repatriated the company in the 1950s, and the majority of shares were put in the hands of shareholders in Canada. Canadian Pacific became the 2nd largest company in Canada by 1986, with $15 billion in revenue.

The company purchases administrative goods and services, telecommunications, diesel fuel, petrochemical products, and others. Canadian Pacific Railway has adopted the Train Area Marshalling program so that it can operate and build more efficient, longer trains. The company also implements advanced surveillance technologies such as digital sensors, GPS tracking, and digital imaging in order to predict problems.

CPR is mainly a freight rail service provider, and the company’s passenger service is limited to luxury trail tours. The Royal Canadian has partnerships with elite tourism-oriented companies at many locations. The off-train activities offered by the company include fly-fishing, golf, and interpretive tours to enjoy the unique heritage of Canada. The tours are featured with select off-train activities, evening turndown service, luxury accommodation, and more.

Canadian Pacific Railways ships a variety of industrial and forest products, including food and forest products, machinery and dimensional loads, automotive products, fertilizers and potash, wind energy and energy, and many others. The company’s rail network is fitted with transload facilities as to offer dock-to-dock delivery for a variety of industrial products, such as plastics, chemicals, aggregates, steel, metals, and others. In addition, the company handles a number of food products, including refrigerated products, meats and meat byproducts, canned goods and dairy products, and others. Goods are shipped using the company’s transload facilities, intermodal containers, and railcars.
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