CALGARY — Canadian Pacific and international shipping line CMA CGM group have reached a multi-year agreement that will see CP become the shipping firm’s primary rail provider in Canada, serving ports in Vancouver, Montreal, and Saint John, New Brunswick.
“CP is proud to provide CMA CGM with safe and reliable service that includes the shortest route miles to key markets,” John Brooks, CP executive vice-president and chief marketing officer, said in a press release. “CP’s dedication to best-in-class service is enabling supply chain recovery that will drive future growth opportunities for the North American economy.”
The agreement also reflects opportunities involved in CP’s planned merger with Kansas City Southern, which will expand CP’s market reach. That combination remains subject to approval by the Surface Transportation Board.