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Canadian Pacific sees shipment prices to rise 3 to 4 percent

FILE PHOTO: The Canadian Pacific railyard is pictured in Port Coquitlam, British Columbia February 15, 2015. REUTERS/Ben Nelms

(Reuters) - Canadian Pacific Railway Ltd CP.TO said on Thursday it expects shipment prices to rise 3 to 4 percent in the next eighteen to twenty four months.

” As I look at it for next 18-24 months purely from a demand perspective, it (pricing) looks strong,” Chief Marketing Officer, John Brooks said on a conference call.

Reporting by Laharee Chatterjee in Bengaluru

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