ts primarily of containerized traffic moving between the ports of Vancouver, Montreal and New York and inland points across Canada and the U.S. The company is a major carrier of containers moving through the ports of Montreal and Vancouver. The company’s trans-Pacific service offers the shortest route between the Port Metro Vancouver and Chicago. The company works closely with the Port of Montreal, a major year-round East Coast gateway to Europe, to serve markets primarily in Canada and the U.S. Midwest. Railcar Fleet The company owns, leases, or manages approximately 45,700 freight cars. Approximately 20,800 are owned by the company, approximately 6,600 are hopper cars owned by Canadian federal and provincial government agencies, approximately 8,700 are leased on a short-term basis, 5,100 are held under long-term leases, and 4,500 in a railcar pool allocation. Short-term leases on approximately 1,700 cars are scheduled to expire during 2015, and the leases on approximately 11,300 additional cars are scheduled to expire before the end of 2019. The company’s covered hopper car fleet, used for transporting grain for export, consists of owned, leased and managed cars. Locomotive Fleet The company’s locomotive fleet consists of largely of high-adhesion alternating current (AC) locomotives, which are more fuel efficient and reliable and have superior hauling capacity compared with standard direct current (DC) locomotives. The company’s locomotive fleet includes 827 AC locomotives. There was a reduction of the company’s active locomotive fleet by 24 locomotives during 2014. Regulatory Authorities The company’s railway operations are subject to extensive federal laws, regulations and rules in both Canada and the U.S. which directly affect how operations and business activities are managed. The company’s U.S. operations are subject to economic and safety regulation by the STB and Federal Railroad Administration (FRA). The FRA regulates safety-related aspects of the company’s railway operations in the U.S. under the Federal Railroad Safety Act, as well as rail portions of other safety statutes. History Canadian Pacific Railway Limited was founded in 1881.
canadian pacific railway ltd
7550 Ogden Dale Road S.E.
Calgary, AB T2C 4X9
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