Canadian Pacific Railway and TSI Terminal Systems Inc., a subsidiary of GCT Global Container Terminals Inc., have signed a Service Level Agreement that builds on their productivity and performance agreement announced last June. The agreement outlines key performance indicators relating to the flow of containers through the Vancouver Gateway. Meeting the performance indicators will improve productivity, enhance reliability and increase efficiency. The agreement period is three years. "This Service Level Agreement continues to move us along the path of a high performance, efficient and reliable supply chain to ensure that Vancouver is a preferred intermodal gateway." said Michael E. Moore, CEO of Global Container Terminals. "Our partnership with CP and our commitment to collaborate on delivering high-level service to our mutual customers will ensure success." "Canadian Pacific's customer focused partnerships, upgraded infrastructure, innovative technology and industry leading safety practices give us the means to grow our franchise over the long term," said Fred Green, CEO of Canadian Pacific. "As import and export volumes grow through the Pacific Gateway, CP and TSI are mutually committed to service improvements in the world-class Vancouver gateway."

Ed Harris, executive vice president, operations at Canadian Pacific Railway has decided to retire, effective April 1, 2011. Mike Franczak, currently senior vice president, operations, will succeed Harris and be appointed executive vice president, operations. Franczak will assume responsibility for operations activity across Canadian Pacific Railway's 14,800 mile North American network. "Ed's leadership has paved the way for refinements of yard processes which improve service reliability for the benefit of CP's customers and supply chain partners," said Green. Harris joined CPR in 2010 and leveraged more than 30 years of railroading experience to lead CPR's operations team through various enhancements and to develop a successor. Harris will act as an advisor to Franczak through 2011.