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CP Rail sees revenue up 2% despite decline in freight volumes
2015-10-20 17:30:24| Railroads - Topix.net
Freight volumes are down because of the fall of commodity prices, but CP Rail reported higher revenue and adjusted profit. Canadian Pacific Railway Ltd. was able to raise its freight revenue and achieve record profits in the third quarter, despite a drop in movement of key products such as crude oil, metal and minerals and automotive products.
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Category:Transportation and Logistics
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