Container shipping line Hapag-Lloyd and Canadian Pacific Railway (NYSE: CP) are extending their rail service agreement to 2025 at the Port Saint John in New Brunswick, Canada.
According to CP, the agreement comes after “successful calls” to the Port Saint John this past summer, and Germany-headquartered Hapag-Lloyd will begin regular service with CP in 2021.
CP gained expanded access to the Port Saint John via its acquisition of the short line Central Maine & Quebec Railway. It also has...
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