CALGARY (May 29, 2003) — Building on a 40-year-old partnership, Consolidated Fastfrate and Canadian Pacific Railway will open a 100,000-sq.-ft. cross-dock and warehouse facility next to Canadian Pacific Railway’s Calgary intermodal yard.

Operations at the new facility will add at least 30 jobs to the workforce of 90 currently employed by Consolidated Fastfrate in Calgary. The new facility has 81 shipping doors and comprises both warehouse and office space. It also complements other facilities Consolidated Fastfrate operates next to key CPR intermodal terminals in the Montreal and Toronto areas.

CPR became the exclusive rail carrier for Consolidated Fastfrate, one of Canada’s largest LTL carriers, when the companies signed a 10-year, $400-million contract in 2001.

“Together, CPR and Consolidated Fastfrate have become more than the sum of two parts,” said Rob Ritchie, CPR’s president and CEO. “Our efficient intermodal service and Consolidated Fastfrate’s forwarding solutions combine to give our customers unparalleled logistics efficiency.”

Ritchie also pointed out that Westfair Foods Ltd. recently announced plans to construct a $20-million regional distribution centre at CPR’s Vancouver Intermodal Facility. Other major shippers such as Sears Canada and Canadian Tire have also partnered with CPR by building their regional distribution centres next to CPR intermodal facilities. Under this co-location arrangement, containers and trailers are delivered and picked up within minutes of the arrival or departure of time-sensitive intermodal trains.