0000016875-16-000044.txt : 20161108 0000016875-16-000044.hdr.sgml : 20161108 20161108131412 ACCESSION NUMBER: 0000016875-16-000044 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20161108 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20161108 DATE AS OF CHANGE: 20161108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CANADIAN PACIFIC RAILWAY LTD/CN CENTRAL INDEX KEY: 0000016875 STANDARD INDUSTRIAL CLASSIFICATION: RAILROADS, LINE-HAUL OPERATING [4011] IRS NUMBER: 980355078 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01342 FILM NUMBER: 161980635 BUSINESS ADDRESS: STREET 1: 7550 OGDEN DALE ROAD S.E. CITY: CALGARY ALBERTA STATE: A0 ZIP: T2C 4X9 BUSINESS PHONE: 403-319-3591 MAIL ADDRESS: STREET 1: 7550 OGDEN DALE ROAD S.E. CITY: CALGARY ALBERTA STATE: A0 ZIP: T2C 4X9 FORMER COMPANY: FORMER CONFORMED NAME: CANADIAN PACIFIC LTD DATE OF NAME CHANGE: 19930507 FORMER COMPANY: FORMER CONFORMED NAME: CANADIAN PACIFIC RAILWAY CO DATE OF NAME CHANGE: 19710818 8-K 1 form8-kxgrainmovement.htm 8-K Document

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
 
November 7, 2016
Date of Report (Date of earliest event reported) 
 
Canadian Pacific Railway Limited
(Exact name of registrant as specified in its charter)
 
Canada
 
001-01342
 
98-0355078
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
7550 Ogden Dale Road S.E., Calgary, Alberta,
Canada, T2C 4X9
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code (403) 319-7000
 
Not Applicable
(Former name or former address, if changed since last report.)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 


ITEM 8.01
Other Events
 
On November 7, 2016 Canadian Pacific Railway Limited (the “Company”) announced that despite a weather-delayed harvest, October was its best-ever month for Western Canadian grain movement to Vancouver and stands ready to work with its supply chain partners through the 2016/17 season to transport a bumper crop to world markets.

A copy of the news release announcing the Company’s best-ever month for Western Canadian grain movement to Vancouver and reiterating its call for collaboration between supply chain partners is attached as Exhibit 99.1 to this current report on Form 8- K.

  
ITEM 9.01    Financial Statements and Exhibits.

(d) Exhibits
        
Exhibit No.
Exhibit Description
Exhibit 99.1
News Release dated November 7, 2016, announcing the Company’s best-ever month for Western Canadian grain movement to Vancouver and reiterating its call for collaboration between supply chain partners

2

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Dated: November 8, 2016
 
 
 
 
CANADIAN PACIFIC RAILWAY LIMITED
 
 
 
 
 
By:
/s/ Scott Cedergren
 
 
Name:
Scott Cedergren
 
 
Title:
Assistant Corporate Secretary
 
3



EXHIBIT INDEX

Exhibit No.
Exhibit Description
Exhibit 99.1
News Release dated November 7, 2016, announcing the Company’s best-ever month for Western Canadian grain movement to Vancouver and reiterating its call for collaboration between supply chain partners



EX-99.1 2 nr_grainxoctober.htm EXHIBIT 99.1 Exhibit
nrgrainoctoberfinalimage1.gif

Release:    Immediate    November 7, 2016

CP reports best-ever month of grain movement to Vancouver; reiterates call for collaboration not criticism

Calgary, AB – Canadian Pacific (TSX: CP) (NYSE: CP) announced that, despite a weather-delayed harvest, October was its best-ever month for Western Canadian grain movement to Vancouver and stands ready to work with its supply chain partners through the 2016/17 season to transport a bumper crop to world markets.

A record 15,865 carloads were moved to West Coast ports in October, besting the previous record of 15,449 carloads in March 2016. Total Western Canadian grain movements in the month climbed 3.9 percent over last year, just off the record set in May 2014.
Millions of dollars in investment over the past three years by CP as well as new investment by its supply chain partners on grain country elevator capacity and port capacity has already begun to fulfill the promise of greater efficiency, fluidity and velocity. You can find details of the supply chain’s weekly performance at www.cpr.ca/grain.
“I am proud of the CP team and applaud the efforts and early success of our supply chain partners as the crop season begins to accelerate into the colder months,” said CP President and Chief Operating Officer Keith Creel. “We continue to focus on providing best-in-class service to our customers and look forward to moving more Western Canadian grain to market for the benefit of farmers, shippers and the Canadian economy.”
CP reiterates that with the winter months and the majority of the 2016/17 crop movement still ahead, finger-pointing and unwarranted criticism of any single component of this complex chain is counter-productive and undermines Canada’s reputation as a world-class supplier of grain.
Misleading and inaccurate data published by the Ag Transport Coalition, then cited repeatedly in the media by paid industry lobbyist Wade Sobkowich of the Western Grain Elevators Association, continues to promote the notion that an adversarial relationship exists between the railroads and Canada’s farm community. The truth is we are partners in driving the Western Canadian economy forward.
More than three-quarters of CP’s Western Canadian grain business uses the Dedicated Train Program (DTP), which allows customers to control their own train assets for a period of 12 months or more. In other words, DTP customers use the capacity they need when they need it.
Trying to compare DTP performance to an “order fulfillment” model, as the Ag Transport Coalition does, simply does not work.
“The evidence is clear: CP and its supply chain partners are not only working hard to get this bumper crop to market but succeeding,” Creel said. “Together, we are also succeeding in putting old conflicts between railroads and the farmer into the past where they belong.”
About Canadian Pacific
Canadian Pacific (TSX:CP)(NYSE:CP) is a transcontinental railway in Canada and the United States with direct links to eight major ports, including Vancouver and Montreal, providing North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of CP.​​​

Contacts:
Media
Martin Cej
403-319-7298

Martin_Cej@cpr.ca

Investment Community
Maeghan Albiston
403-319-3591

investor@cpr.ca    

Page 1
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