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CP Railway in potash deal

 

   Canadian Pacific Railway announced Monday a 10-year agreement to be the principal Canadian railway for potash producer Canpotex.
   CP will transport the large majority of potash shipments to Canpotex’s main terminal in Vancouver, British Columbia. In conjunction with Union Pacific, CP will transport potash to Portland, Ore.
   CP said that to move Canpotex’s potash more efficiently and reliably, it had enhanced the infrastructure of its north main line and western corridor, which handle potash service originating from 10 Saskatchewan mines
   The 10-year agreement between CP and Canpotex starts July 1.