Canadian Pacific launches faster intermodal train services connecting Vancouver with Toronto and Chicago; new schedules cut a day from Toronto to Vancouver service, two days from Vancouver to Chicago

CALGARY, Alberta , September 17, 2012 (press release) – Canadian Pacific (CP.TO) (CP) today announced it has launched new faster intermodal train services connecting Vancouver to Toronto or Chicago.

The new schedules remove a day from the 2,600-mile Toronto to Vancouver transcontinental trains and two days from the 2,200-mile Vancouver to Chicago train service.

"With lower dwell times in our terminals, more efficient transit times, and optimized asset utilization, we can provide this improved service," said Canadian Pacific Executive Vice President and Chief Marketing Officer, Jane O'Hagan. "As part of the global supply chain we want to help our customers be more competitive in the markets they serve."

Through a complete redesign of the railway's transcontinental package, combined with the benefits from previous capital investments to CP's network, shippers looking for fast and reliable shipping solutions with consistent overall transit time can take advantage of CP's new schedules to reach existing and emerging North American and international markets.

This new transcontinental service is part of the evolution at CP as more enhancements are being pilot tested across the network creating further service improvements.

About Canadian Pacific

Canadian Pacific (CP.TO) (CP) 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 www.cpr.ca to learn more.

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