Oil volatility won’t impact crude by rail: CP

摘要

Calgary-Oil price volatility will have little impact on Canadian Pacific Railway’s plans to grow its crude-by-rail franchise in North America, with the company planning to move an additional 100,000 car loads in 2015, CEO Keith Creel said Tuesday. Volatility is expected in the short term, but it does not impact the company’s growth plans, he said on the company’s third-quarter earnings webcast.