CP Rail rakes in record revenue as traffic increases during Q2 2019
(Source: Canadian Press, July 16, 2019)
CALGARY — Canadian Pacific Railway Ltd. announced record second-quarter revenues of nearly $2 billion Tuesday, driven by grain, international container traffic and energy, chemicals and plastics to beat analysts' expectations. Traffic increased in all categories, with grain hitting its third-highest level in CP Rail's 138-year history at $422 million, a 13 percent boost.
Full story: Canadian Press
Thursday, July 18, 2019
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