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Written by / Agency / Source: Canadian Pacific Railway

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Canadian Pacific Extends Clean Energy Supply Chain - Canadian Pacific Logistics Solutions (CPLS) has developed a new wind energy supply chain connecting manufacturers in Quebec and Florida with a new clean energy transload facility in upper New York State. CPLS is an industry leader in wind energy logistics
Canadian Pacific Extends Clean Energy Supply Chain

 

NewswireToday - /newswire/ - Calgary, Alberta, Canada, 2011/12/08 - Canadian Pacific Logistics Solutions (CPLS) has developed a new wind energy supply chain connecting manufacturers in Quebec and Florida with a new clean energy transload facility in upper New York State. CPLS is an industry leader in wind energy logistics. TSX, NYSE: CP

   
 
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“CPLS has demonstrated competence and expertise in the movement of these super-sized dimensional wind energy components,” said Stephen Whitney, VP Market Development. “Our end-to-end logistics solution creates value and drives service to new levels for these specialized customers.”

The new supply chain connects wind tower sections produced in Trois Rivière, Québec and machine heads produced in Pensacola, Florida move in dedicated unit trains or multiple car blocks using specialized railcars to a dedicated transload facility in Plattsburgh, NY. The components will then travel by truck to the wind project site in Pennsylvania. CPLS coordinates the entire logistics process, including permitting, scheduling, transloading, trucking and freight rail movements.

Since 2005, CP has handled over 3,400 carload of wind energy components.

Note on forward-looking information
This news release contains certain forward-looking statements relating but not limited to our operations, proposed investments, anticipated financial performance and business prospects. Undue reliance should not be placed on forward-looking information as actual results may differ materially.

By its nature, CP's forward-looking information involves numerous assumptions, inherent risks and uncertainties. Forward-looking statements are not guarantees of future performance. Factors that could affect forward-looking information include, but are not limited to: changes in business strategies; general North American and global economic, credit and business conditions; ; inflation; currency and interest rate fluctuations; the availability and price of energy commodities; the effects of competition and pricing pressures; industry capacity; shifts in market demand; changes in laws and regulations, including regulation of rates; changes in taxes and tax rates; actions by regulators; potential increases in maintenance and operating costs; uncertainties of litigation; risks and liabilities arising from derailments; timing of completion of capital and maintenance projects; currency and interest rate fluctuations; technological changes; and various events that could disrupt operations, including severe weather conditions, flooding, earthquakes, labour disputes, risks and liabilities arising from derailments as well as security threats and governmental response to them. Other risks are detailed from time to time in reports filed by CP with securities regulators in Canada and the United States. Reference should be made to "Management's Discussion and Analysis" in CP's annual and interim reports, Annual Information Form and Form 40-F for a summary of major risks.

Except as required by law, CP undertakes no obligation to update publicly or otherwise revise any forward-looking information, whether as a result of new information, future events or otherwise.

About Canadian Pacific
Canadian Pacific (cpr.ca) operates a North American transcontinental railway providing freight transportation services, logistics solutions and supply chain expertise. Incorporating best-in-class technology and environmental practices, CP is re-defining itself as a modern 21st century transportation company built on safety, service reliability and operational efficiency. Visit the website and see how Canadian Pacific is Driving the Digital Railway.

Contact:
Janet Weiss, Investment Community
T: 403-319-3591 / E: investor[.]cpr.ca.

 
 
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Written by / Agency / Source: Canadian Pacific Railway

 
 

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Canadian Pacific Extends Clean Energy Supply Chain

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Canadian Pacific |
Publisher Contact: Ed Greenberg - CPR.ca 
612-849-4717 ed_greenberg[.]cpr.ca
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Canadian Pacific Railway securities in any jurisdiction including any other companies listed or named in this release.

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