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Canadian Pacific and Canadian Tire Corporation Deploy North America’s First 60-foot Intermodal Container

​The new containers will increase shipping productivity and efficiency, while helping to reduce carbon footprint

Canadian Pacific (TSX: CP, NYSE: CP) and Canadian Tire Corporation, Limited (TSX:CTC, TSX:CTC.a) announced today the deployment of North America’s first 60-foot intermodal container for use by the retailer.
 
The 60-foot container, which was developed by Canadian Tire team in close collaboration with CP, will serve as an intermodal solution to increase productivity and efficiency. The increased size – an additional seven feet from the current 53-foot containers – allows Canadian Tire and CP to transport more products to increase the volume of products shipped in each container, while reducing transportation costs and greenhouse gas emissions.
 
“Canadian Tire has one of the largest transportation networks in the country, moving more than 100,000 different types of products to 500 stores from coast-to-coast. Our supply chain infrastructure is one of the most modern in Canada, capable of supporting growth and efficiently managing the increasing number of products we transport,” said Neil McKenna, Vice-President, Transportation, Canadian Tire. This new configuration will enable us to increase the volume shipped in each container by 13% which ultimately allows us to carry more goods per trip, resulting in an improvement in service to our stores and our customers.”
 
CP has collaborated with Canadian Tire on innovative projects before, including the introduction of the first 53-foot intermodal container in 1994.
 
“At CP, we are constantly looking for ways to do our business better, safer and more efficiently in order to serve our customers and the nation’s economy,” said Jonathan Wahba, CP’s Vice-President of Sales and Marketing, Intermodal and Grain. “In Canadian Tire we have found an innovative partner that shares our passion for customer service, sustainable transportation and safety.”
 
CP has been testing the 60-foot configuration for several months through a variety of ways, including using a prototype on existing 53-foot containers to mimic the new, longer container in transit.  

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.

About Canadian Tire Corporation

Canadian Tire Corporation, Limited, (TSX:CTC.A) (TSX:CTC) or "CTC," is a family of businesses that includes a retail segment, a financial services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal categories. PartSource and Gas+ are key parts of the Canadian Tire network. The retail segment also includes Mark's, a leading source for casual and industrial wear, and FGL Sports (Sport Chek, Hockey Experts, Sports Experts, National Sports, Intersport, Pro Hockey Life and Atmosphere), which offers the best active wear brands. The nearly 1,700 retail and gasoline outlets are supported and strengthened by our Financial Services division and the tens of thousands of people employed across the country by the Company and its local dealers, franchisees and petroleum retailers. For more information, visit Corp.CanadianTire.ca.

 Contacts

​ 
CP
Jeremy Berry
Director, Media Relations
403-319-6227
Jeremy_berry@cpr.ca  
 
Canadian Tire Corporation 
Joscelyn Dosanjh
Manager, Corporate Communications
416-480-8017
joscelyn.dosanjh@cantire.com
 




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