Canadian Pacific (NYSE: CP) is looking to build upon its existing network and land assets as a way to expand capacity, company executives said during the railway’s fourth-quarter earnings call Wednesday.
“I’m not aware of any CMQ-like opportunities. I would say that we keep a strong financial position or keep our balance sheet strong and pattern our pockets so that we can be opportunistic if one of those comes up,” said CP President and CEO Keith Creel during the call. Creel was referring to CP’s...
https://www.freightwaves.com/news/cp-land-assets-and-partners-provide-growth-opportunities