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(Source: Bloomberg News, October 15, 2012)

NEW YORK — Hunter Harrison is following through on his pledge to instill a “sense of urgency” and “speed things up” at North America’s least-efficient major railroad. In the past month, Canadian Pacific Railway Ltd. (CP)’s chief executive officer has presided over the exit of two holdovers from his predecessor’s leadership team and started a long-haul service that chops travel times for some freight shipments by as much as a third.

Full story: Bloomberg News