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CP Rail sees revenue up 2% despite decline in freight volumes

2015-10-20 17:30:24| Railroads - Topix.net

Freight volumes are down because of the fall of commodity prices, but CP Rail reported higher revenue and adjusted profit. Canadian Pacific Railway Ltd. was able to raise its freight revenue and achieve record profits in the third quarter, despite a drop in movement of key products such as crude oil, metal and minerals and automotive products.

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