CP sees 20% increase in profit

Transportation

Thursday, October 25, 2012
   Canadian Pacific Railway said it had a profit of $224 million, an 20 percent increase over the $187 million earned in the third-quarter of 2011.    Total revenues were $1.5 billion, an increase of $110 million, or 8 percent.    E. Hunter Harrison, president and chief executive officer, said the company has "implemented new services; closed terminals and certain yard operations; and we've put a new leadership team in place. The team has made significant progress on operation...
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