CP: Crude-by-rail helps improve business

03/13/2013 | Progressive Railroading · RailwayAge.com

The rising demand for crude-by-rail shipments from energy companies in North America is helping Canadian Pacific grow its business, said CP spokesman Ed Greenberg. "We're expecting the growth to continue throughout this year," Greenberg said. "Beyond 2013, our railway has a line of sight that is two to three times present volume going forward. So, it is a very positive story for our company."

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Progressive Railroading · RailwayAge.com