Canadian Pacific announces new five-year contract with Canadian Tire

Canadian Pacific (CP) Railway Limited has announced an agreement with Canadian Tire Corporation Limited.

This agreement extends to early 2017 and awards the railway with the vast majority of Canadian Tire’s domestic container traffic.

"We’re delighted to renew our longstanding partnership with CP," said Pat Sinnott, Executive Vice-President, Supply Chain and Technology, Canadian Tire Corporation. "We rely on rail extensively to get our goods to market. Rail is the most efficient and sustainable way to move our products and CP is a trusted partner that will enable us to continue to deliver products reliably to over 1,700 Canadian Tire, Mark’s and FGL Sports retail locations across the country."

The agreement builds on the shared successes the companies have had in servicing Canadian Tire’s dealers and corporate stores. Recent rail network enhancements completed at CP, and the work already underway to further maximize efficiencies through a facility co-location strategy, will allow the companies to continue to develop and deliver supply chain solutions for Canadian Tire’s growing retail business.

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