Canadian Pacific Railway LTD CP

Canadian Pacific Railway Limited, in conjunction with its subsidiaries, focusses on railway, transload and intermodal transport services. With headquarters in Calgary, Canada, this company operates trans-continentally in Canada and the United States. Founded in 1881, Canadian Pacific Railway uses a network of more than 12,500 miles across North America.

Canadian Pacific Railway’s business centres around the bulk transport of a variety of goods. These goods include coal, fertilisers, potash, forestry products, grain, and metals and minerals. The company also provides intermodal and transload trucking services, which combines rail, road and sea transport and logistics. Canadian Pacific Railway is recognised for its endeavours to curb climate change. This organisation recognises the impact of carbon emissions and climate change; in 2020 it began construction on a solar farm to power its headquarters. It was anticipated that this farm would be operational as of 2021.

Canadian Pacific Railway’s stock is listed on the NYSE under the ticker CP. The company’s stock has been listed on this exchange since 1883. As of December 2020, the company is exploring the use of hydrogen-driven locomotives in its business. In December 2020, Canadian Pacific Railway announced its acquisition of an 83.5% interest in the Detroit River Rail Tunnel in a deal for approximately $312m.

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