Progressive Railroading

Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Canadian Pacific

12/2/2020



Rail News: Canadian Pacific

CP, Hapag-Lloyd extend rail pact, add Port Saint John service


Hapag-Lloyd — CP's largest customer by volume — will begin regular service via CP and Port Saint John, New Brunswick, in 2021.
Photo – CP's Facebook page

advertisement

Canadian Pacific and Hapag-Lloyd AG today announced they have extended their long-term rail service agreement to the end of 2025.

Additionally, Hapag-Lloyd — CP's largest customer by volume — will begin regular service via CP and Port Saint John, New Brunswick, in 2021.

"It's through our network reach and disciplined execution of the precision scheduled railroading model that we can offer a caliber of service capable of winning our customers' support in this way," said CP President and Chief Executive Officer Keith Creel in a press release. "With our expanded reach to the deepwater port at Saint John, we are proud to offer Hapag-Lloyd another reason to use our services."

The Class I regained access to the port in June with the acquisition of the Central Maine & Quebec Railway, and through connections with the Eastern Maine and New Brunswick Southern railways.

"The return of CP was a transformational development for our region," said New Brunswick Premier Blaine Higgs. "This agreement with Hapag-Lloyd is another critical step for our province. Port Saint John offers a competitive advantage, and this will lead to more jobs and more investment in New Brunswick."

CP also serves Hapag-Lloyd through ports in Montreal and Vancouver, British Columbia.



Contact Progressive Railroading editorial staff.

More News from 12/2/2020