CP Rail, Canpotex Ink Long-Term Agreement

Canadian Pacific Railway Ltd. (CP), Calgary, announced on Dec. 23 the execution of a new long-term agreement with Canpotex Ltd. CP is the primary rail transportation provider supporting delivery of Canadian potash to Canpotex’s overseas export markets. The new seven-year contract, which runs through 2028, is a successor to the current 10-year agreement between CP and Canpotex, which expires in 2022.