Canadian Pacific gets early Christmas present from Maersk

A photograph of a train in a rail yard. Intermodal containers are at the rail yard, sitting nearby.

Canadian Pacific (NYSE: CP) will see the first vessel from vessel operator Maersk arriving into the Port of Vancouver in the first week of December instead of the original timeline of March 2021, a CP executive said Tuesday.

“We’re going to get a nice little boost from that business coming on early, and we’re quite excited by that,” said CP Chief Financial Officer John Brooks at the Scotiabank Transportation and Industrials Conference.

CP announced last month that it had secured a multiyear rail...

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