BRIEF-CP Railway sees growth in crude-by-rail volumes
TORONTO, April 24 (Reuters) - Canadian Pacific Railway Ltd : * Sees Q2 intermodal reduction in contract volumes, change in service offering
- earnings presentation * Sees Q2 grain double-digit volume increase year-over-year - conference call * Has "clear line of sight" to two to three times growth in 70,000
crude-by-rail annualized run rate * Believes it can reach two times crude-by-rail target run rate 12 months ahead
of initial 2016 prediction
© Thomson Reuters 2017 All rights reserved.