(Source: Canadian Pacific Railway press release, May 9, 2012P
CALGARY, Alberta — Canadian Pacific Railway Limited today reported further improvements to the Company’s operating metrics during the month of April, 2012, which were driven by the continued successful and aggressive execution of CP’s Multi-Year Plan. This Plan, unanimously endorsed by the Board, has been specifically designed to generate the best possible operational and financial results from CP’s unique franchise.
Leading into the fourth consecutive quarter, CP is continuing to deliver sustained operational improvements and record performance. In April 2012, when compared to the prior year period, CP continued to drive operational improvements and reported the following operating metrics:
• A 45 per cent improvement in car miles per car day to an all-time record;
• A 23 per cent improvement in terminal dwell to an all-time record;
• A 27 per cent improvement in active cars online; and
• A 25 per cent improvement in train speed.