Thursday, May 28, 2015

CSCMP Toronto Roundtable Event - June 10, 2015

CSCMP Toronto Roundtable Event - June 10, 2015

The OMNICHANNEL –What is it?


Date: Wednesday, June 10, 2015
Venue: The Vue, 195 Galaxy Blvd., Etobicoke, ON
Time: 5:00 pm Networking | 6 pm Dinner and Presentation

We often hear the terms ‘Omni-Channel’ and ‘E-Commerce’ in our businesses. This CSCMP Toronto event will provide you with insights from industry leaders to help you appreciate how these two important areas of business are changing the practices of retailers, manufacturers. You’ll also have the opportunity to network with industry professionals and executives.

Presenters:

Krista Collinson, Vice President, Omni Channel, Stores, Ecommerce & Technology, Toys "R" Us Canada
Brian Martin, Vice President, Sales & Marketing, Kuehne & Nagel Canada


Key areas to be covered:

• Important definitions and areas encompassed by Omni-channel
• What are some Canadian company examples of Omni-channel applications?
• How is the omni-channel creating new ways for retailers to meet consumer requirements?
• How is it contributing to deeper collaboration between merchandise vendors
• Vendors selling online directly to consumers
• The continued growth of B2B e-commerce

To register online, please click on the links below:

Members: $75

Non-Members: $90

Tables of Eight

Or contact: Tracey Fisher: 905-338-4810 | tracey@lakesidebesmart.com

Wednesday, May 27, 2015

UPS RELEASES FIFTH ANNUAL HIGH TECH SURVEY RESULTS

Key Findings of UPS Survey
·         74% expect high-tech exports to grow at the same or faster pace
·         45% of survey respondents using new right-shoring strategy
·         71% said they are already selling products in China
·         70% have hands-on experience with 3D printing
             ATLANTA, May 27, 2015 – High-tech companies expect robust growth in their industry, and they’re preparing for it by weighing a broader range of factors when building their manufacturing supply chain networks, according to the fifth annual UPS® Change in the (Supply) Chain (CITC) survey.
             The survey, conducted for UPS by IDC Manufacturing Insights, found that while high-tech companies still favor the strategy of off-shoring as a means to cut labor costs, a large number also have begun “right-shoring.” This strategy optimizes the supply chain to take advantage of cost benefits and local resources to achieve the best customer service and overall profit margins.
         CITC also shows high-tech companies increasingly are entering emerging markets and exploring 3D printing for new product designs and prototypes.
             IDC polled 516 high-tech executives in North America, Europe, Asia Pacific and Latin America. Respondents were senior high-tech supply chain professionals. The results reveal an ongoing evolution in their supply chains that affects the placement of companies’ owned facilities and the selection of their suppliers. (Download the CITC executive summary at pressroom.ups.com.)
          “High-tech companies are building more flexibility into their shoring strategies and supply chains so they can respond better to demanding market dynamics,” said Dave Roegge, high-tech marketing director at UPS. “They’re thinking more holistically about their strategies to evaluate their transportation costs and the time it takes companies to deliver goods.”
             “Customer requirements change rapidly, especially considering the steady stream of high-tech innovations and the fact that there is little to no downtime between product generations,” Roegge said.
           Many of these companies see right-shoring as the solution. Right-shoring balances a number of factors to determine the proximity of sourced materials to production, warehousing and distribution. These metrics could include cost, quality and the time it takes to recover from any operational failures. Forty five percent of survey respondents said they use right-shoring strategies.
       Off-shoring, which moves manufacturing or assembly to countries with low labor costs, remains the most common strategy. Forty seven percent of survey respondents said they off-shore. Near-shoring, which moves manufacturing or assembly closer to the location of demand, continues to gain in popularity as companies improve service levels, reduce inventory in transit and seek greater control over product quality and intellectual property. Thirty five percent of respondents said they near-shore. That’s a gain of 25 percentage points since 2010.
             “It’s about having a nimble supply chain,” Roegge said.
      UPS is a global leader in supply chain and logistics. The company helps customers achieve business goals by addressing barriers with supply chain and logistics capabilities. UPS identifies its customers’ business needs and offers a broad portfolio of services in the high-tech and other industries. These services include supply chain design, engineering and network design and transportation and inventory optimization. UPS also is the world’s largest customs brokerage.
       Industry export growth continues; new opportunities emerge
      The growth outlook for high-tech exports is strong, the CITC survey showed. Forty six percent of the respondents said they expect industry export growth globally to increase at the current pace over the next two years, while 28% of them expect faster growth. North American and Latin American respondents were the most optimistic about the future of high-tech exports.
      High-tech companies have successfully penetrated many emerging markets. Among survey respondents, 71% said they are already selling products in China, 45% in India and 42% in Brazil. Some high-tech markets once considered “emerging” have now emerged, but growth opportunities remain. The top three markets that high-tech companies are planning to enter this year are Brazil, Russia and India.
      Although new-market penetration is high, barriers to expansion continue to evolve. In 2013, the top barrier to expanding in emerging markets was difficulty assessing the likely appeal of products. In the most recent survey, 35% of survey respondents said navigating the regulatory environment was the new highest hurdle to expansion.
     3D printing useful in product design
            The CITC survey also explores the commercial adoption of 3D printing. Seventy percent of survey respondents report having hands-on experience with it, including 32% who said they are just beginning to understand it.
       For now, high-tech companies use 3D printing mainly to spur innovation as they design new products. The top benefits include faster product development and manufacturing processes. Regionally, 43% of respondents in the Asia Pacific region – primarily high-tech manufacturers in China – said they use 3D printing for production of finished goods. In North America, 29% of respondents said they use 3D printing for this purpose.
      Other topics covered in the survey include high-tech companies’ approaches to risk management and their views on sustainability.

About UPS
 UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at ups.com® and its corporate blog can be found at Longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.

Announcement: Trailer Wizards Welcomes New Senior Service Manager

Senior Service Manager, Gary Nippard, joins Trailer Wizard's Team in Mississauga, Ontario

Mississauga, ON, May 27, 2015 - A Canadian leader in commercial trailer rental, leasing, and service, Trailer Wizards Ltd., has announced that Gary Nippard has been appointed senior service manager for the Mississauga and Gormley, Ontario, service center operations. Nippard is responsible for the smooth running of the shops and will work closely with the service management team to ensure the highest levels of shop quality, productivity and safety.

Nippard brings with him 20 years of service management experience to Trailer Wizards. He is a licensed 310T and 310S technician and began his career as an apprentice servicing and selling parts for trailer manufacturers. Nippard worked his way through all aspects of the shop and progressively increased his areas of responsibility including managing trailer and mobile technicians, as well as service writers, for multiple locations.

“Gary's extensive experience as a service manager, as well as his ability to implement best practices, makes him ideal to manage and grow our Mississauga service centre," said Anne McKee, Executive Vice President. “Gary has also been recognized for his dedication to customer-friendly service, which is part of what Trailer Wizards is known for delivering.”

Trailer Wizards invites the industry to meet Nippard, and the rest of the Ontario team, for lunch and prizes at their customer appreciation event on June 25, 2015, from 11:30 am to 1:30 pm at their Mississauga branch: 1880 Britannia Road East, Mississauga, Ontario.

About Trailer Wizards

Trailer Wizards Ltd'd press release notes this company is Canada’s largest and only national commercial trailer rental, leasing, sales, storage, parts and service company. For over 50 years, Trailer Wizards Ltd. has delivered professional commercial trailer solutions with fast, customer-friendly service while continuously driving out costs. Trailer Wizards Ltd. is a 2014 winner of Canada’s Best Managed Companies program and provides “Local Service… Nationwide”.

Friday, May 22, 2015

The Suddath Companies Announces Appointment of Michael J. Brannigan to CEO Position

Jacksonville, Fla., May 18, 2015 - The Suddath Companies announces a key change to its executive leadership team with the appointment of Michael J. Brannigan as president and chief executive officer. Mr. Brannigan assumes the CEO position from his previous role as executive vice president and chief operating officer following the retirement and formal transition of Barry Vaughn from CEO to vice chairman.

With deep experience in the transportation and supply chain industries, Brannigan joined Suddath® in 2012 with a focus on enhancing the customer experience, leading process efficiencies and implementing key technological advancements.  As CEO, he will continue to lead the Suddath organization through strategic growth and development and key initiatives including safety, quality, cost management, capacity development and critical regulatory issues.

“We have been fortunate to have great leaders throughout our long history here at Suddath and the addition of Mike is no exception,” said Steve Suddath, chairman of the board of directors. “His strengths in organizational efficiencies and process management will continue to lead our organization to meet the challenges of growth and global expansion to fulfill our potential as the market and industry leader.”

“It is an honor and privilege to assume this role for Suddath,” said Brannigan. “Suddath is a company that takes moving personally—whether that’s transporting delicate freight around the world or your family around the corner. My sincere desire is to continue building upon the great achievements we have had throughout these past 96 years. With all the elements necessary for unlimited success including talent development, commitment to service excellence, continually evaluating our processes, and perseverance, I look forward to serving this company and the tremendous team we have as we work together in Setting the Standard for Moving the World®.”

About The Suddath Companies
The Suddath Companies move people, businesses and products. Established in 1919 and headquartered in Jacksonville, Florida, Suddath is a global transportation and relocation management company with services including household goods relocation and global mobility, office moving and total workplace solutions, warehousing and logistics management, and specialized transportation. Suddath has more than 2,000 employees worldwide, over 30 locations and 2.5 million square feet of warehouse space throughout the United States, global operations in Hong Kong, London, Shanghai, and strategic alliances serving more than 150 countries around the world. www.suddath.com

Thursday, May 21, 2015

Valiram Group selects CEVA as logistics partner

Singapore, 21 May, 2015 – CEVA Logistics, one of the world’s leading supply chain companies, today announced its partnership with Valiram Group, one of the most prestigious specialist retailers of luxury and lifestyle brands in Southeast Asia, to manage their warehousing and distribution in Indonesia and Thailand.

CEVA started supporting Valiram Group last year with warehousing and distribution services for their two brands, Victoria’s Secret and Bath & Body Works in Thailand, and Bath & Body Works in Indonesia. The relationship has since expanded to include the two brands in both countries. Under the terms of the new contract, CEVA will handle the warehouse management, value added services such as care label, price tagging and bundling, reverse logistics and time specific delivery to their retail stores in the cities for the two brands’ beauty, accessories and lingerie products.

Sharan Valiram, Executive Director of Valiram Group, commented: “Our expertise in creating world class retail concepts has enabled us to bring to the region iconic brands in luxury and lifestyle merchandise from around the world. We are pleased therefore to have a strong logistics partner like CEVA to support our go to market strategy with their solutions in distribution and warehouse management.”

CEVA played an integral role in the distribution and transport logistics to support the timely store openings of Bath & Body Works, a new addition to Valiram Group’s brand portfolio last year, across several retail stores in Thailand and Indonesia.

CEVA’s Elaine Low, Executive Vice President of South East Asia said: “We are delighted to partner with the Valiram Group and see this relationship continue to grow as their footprint grows in this part of the region. CEVA’s quest for quality service and operational excellence has stood us well with the Valiram Group’s strict demands for high care and special requirements to handle their luxury and lifestyle products from storage to retail stores.”

Wednesday, May 20, 2015

CN Announcement - Executive Presentation at Strategic Conference in NY

Luc Jobin, CN executive vice-president and chief financial officer, to address Bernstein's 31st Annual Strategic Decisions Conference on May 29th

Montreal, May 20, 2015 - Luc Jobin, executive vice-president and chief financial officer of Canadian National Railway (TSX: CNR) (NYSE: CNI), will address Bernstein's 31st Annual Strategic Decisions Conference in New York City on May 29, 2015.

He will discuss CN's continued focus on supply chain collaboration and operational and service excellence.

CN will provide a live audio webcast of Jobin's remarks and post his presentation on the Investors' section of the Company's website, http://www.cn.ca/en/investors.

CN's press release states the company transports more than C$250 billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network spanning Canada and mid-America. CN – Canadian National Railway Company, along with its operating railway subsidiaries -- serves the cities and ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth, Minn./Superior, Wis., and Jackson, Miss., with connections to all points in North America. For more information on CN, visit the company's website at www.cn.ca.

Tuesday, May 5, 2015

Kenco Wins JDA Award

Kenco Wins Prestigious Industry Award from JDA Software Group

CHATTANOOGA, Tenn.—May 5, 2015 —Kenco—a leading provider of integrated logistics solutions, real estate services, and material handling equipment—was recently honored with the “Best Time to Value” award presented by JDA Software Group, Inc. for a remarkable warehouse management system (WMS) implementation.

Kenco accepted the award last week at the 10th annual JDA Real Results Awards ceremony held during the FOCUS 2015 global conference. Kenco was recognized for going live with JDA Warehouse Management in less than nine months—achieving full productivity within two weeks.

“Our goal was to support one of our pharmaceutical customer’s growing order volumes and regulatory compliance needs,” said Kenco Vice President of Technology Kristi Montgomery. “JDA’s tier-1 WMS helps Kenco operate at a new level of efficiency, and gives our customer greater visibility into their inventory and order management processes.”

Montgomery says the new system manages 30 percent more volume using the same space and workforce, dock-to-stock time improved by 12 hours, and pick-line replenishment has improved by more than 50 percent.

The 2015 Real Results Award winners were selected from among JDA’s more than 4,000 global customers and represent companies that have the best success stories in six categories.

About JDA
JDA Software Group, Inc. is the leading provider of end-to-end, integrated retail and supply chain planning and execution solutions for more than 4,000 customers worldwide. JDA’s unique solutions empower clients to achieve more by optimizing costs, increasing revenue, and reducing time to value so they can always deliver on their customer promises. Visit: www.jda.com.

About Kenco
Kenco provides integrated logistics solutions that include distribution and fulfillment, comprehensive transportation management, material handling services, real estate management, and information technology—all engineered for Operational Excellence. Woman-owned and financially strong, Kenco has built lasting customer relationships for more than 60 years. Kenco’s focus is on common sense solutions that drive uncommon value.

Manitoulin Group of Companies Announcement

Manitoulin Group of Companies Acquires Ridsdale Transport Ltd. of Saskatoon to become one of the  Largest Transportation and Logistics Providers in Saskatchewan

MISSISSAUGA, Ontario -- May 5, 2015 -- Manitoulin Group of Companies announced today that it has purchased Ridsdale Transport Ltd. of Saskatoon, Saskatchewan. The acquisition augments Manitoulin's existing coverage capabilities in the province, positioning it as Saskatchewan's largest transportation and logistics provider, with the most comprehensive portfolio of services.

"We have had our eye on Saskatchewan for coverage improvement for some time," said Gord Smith, chief executive officer, Manitoulin Group of Companies.  "We have been looking for the right company to meet our exacting standards and our strategic business needs.  Ridsdale not only provides the routes, the equipment and the human resources we desire, but demonstrates a culture of service excellence and dependability that we and our customers expect. Manitoulin is now Saskatchewan's largest transportation company, with the significant competitive advantage of being able to provide customers with the technology, the global reach, and all the transportation and supply chain offerings they depend on to grow their business."

A family-owned firm, Ridsdale Transport has been in business since 1949. It has an extensive LTL service in the Saskatchewan market with additional service offerings in Alberta and Manitoba.  Operating with approximately 400 pieces of equipment within its network, Ridsdale provides service to more than 200 Saskatchewan points of service via scheduled less-than-truckload (LTL) and truckload (TL) lanes, as well as a dedicated expedited pickup and delivery service to meet non-scheduled transportation requirements. Ridsdale also provides courier service and other specialized service offerings, including warehouse storage, container service and contracted transportation.

Ridsdale Transport Ltd. will operate as a separate business unit within the Manitoulin Group of Companies under the leadership of Greg Ridsdale, vice-president. Wayne Ridsdale, the former president of Ridsdale Transportation Ltd., will remain in a consulting role.

"We built our business from the ground up and are very proud of where we are today," said Greg Ridsdale, vice-president, Ridsdale Transport Ltd.  "By joining Manitoulin, I know what we have created will flourish and that our customers will benefit from the many additional services that the Manitoulin Group of Companies can provide them.  I'm thrilled about the future as we continue to evolve."

“We are excited about Ridsdale’s merge with Manitoulin and the positive outcome it brings to customers," said Smith.  "Manitoulin continues to seek out customer-focused businesses that will contribute significantly to our service capabilities.  Ridsdale's motto 'we carry through' speaks to the reliable service the company has provided since 1949 and its pursuit of excellence. Ridsdale is a solid addition to the Manitoulin family and we encourage their customers to explore the many additional services that Manitoulin can offer them. "

About Manitoulin Group of Companies
Manitoulin Group of Companies is one of Canada’s leading transportation and logistics solutions providers.  It has over 50 years’ experience servicing a variety of industries and some of the world’s largest organizations.  As a single-source provider, its offerings include; ground transportation (expedited less-than-truckload / truckload), international freight forwarding, crating, customs brokerage, global time critical delivery, heavy haul, logistics, residential and commercial moving, warehousing and supply chain management. These services are supported by state-of-the-art technology which provides 24 x 7 on-line shipping assistance.  Manitoulin leverages its extensive network to connect businesses across Canada and around the world.

SEKO Logistics Selects Greenbriar Equity Group as Equity Partner for Growth

CHICAGO, ILLINOIS May 5, 2015 – SEKO Logistics (“SEKO” or the “Company”), a leading global provider of supply chain solutions, has selected Greenbriar Equity Group LLC, a New York-based private equity firm focused exclusively on the global transportation industry, as its new equity partner to help spearhead the next stage of its growth. Terms of the transaction were not disclosed.

Founded in 1976, SEKO provides complete supply chain solutions specializing in forwarding, transportation, logistics, software and warehousing. Central to SEKO’s customer centric solutions are innovative and customizable technology tools that provide a seamless flow of information and give customers truly global supply chain visibility. With over 120 offices in 40 countries worldwide, SEKO’s customers benefit from a global implementation experience coupled with vital in-country knowledge and service at the local level.

William J. Wascher, SEKO’s CEO will continue in this role and existing shareholders will maintain significant ownership going forward. The senior management teams of all of the global operating subsidiaries of SEKO will also continue in their current leadership roles.

William J. Wascher, CEO of SEKO, said: “This is a proud and defining moment for the SEKO organization. It reflects how far we have come but, most importantly, it unlocks our potential to achieve more. Greenbriar’s long track record of success in the logistics sector makes them an ideal partner for SEKO. Their deep expertise and relationships will be invaluable as we implement our global growth strategy, and will facilitate the next chapter of our growth, both organically and through acquisitions.”

John Anderson, Advisory Director at Greenbriar, said: “SEKO plays a critical role in customer supply chains domestically and internationally. The Company’s proven management team and global strategic partner network position the Company for exceptional long term growth. We are excited about SEKO’s differentiated solutions, which include expertise in the omni-channel retail, e-commerce, home delivery, medical technology, and international forwarding sectors.”

Hughes Hubbard & Reed LLP acted as legal counsel to Greenbriar. Raymond James acted as exclusive financial advisor and Howard, Marcus & Berk acted as legal counsel to SEKO.

About SEKO Logistics
SEKO Logistics provides a complete set of technology-enabled supply chain logistics solutions, including transportation management, contract logistics, forwarding and warehousing services. SEKO designs highly-customizable, ready-to-go solutions for customers, and is supported by a global strategic partner network who have unparalleled expertise across a broad spectrum of industry sectors, including omni-channel retail, e-commerce, home delivery, and medical technology, among others. With over 120 offices in 40 countries, SEKO gives customers global coverage and local knowledge. To learn more, please visit www.sekologistics.com

About Greenbriar Equity Group LLC 
Greenbriar Equity Group LLC, a private equity firm with over $2.0 billion of committed capital, focuses exclusively on the global transportation industry, including companies in the logistics and distribution, aerospace and defense, freight and passenger transport, automotive, and related sectors. Greenbriar invests with proven management teams who are interested in being significant equity owners in their companies as well as with corporate partners who are interested in raising capital. Greenbriar’s partners bring many decades of experience at the highest levels within the transportation industry. Additional information may be found at www.greenbriarequity.com.

Capgemini Helps Domino’s Streamline Online Ordering for Franchisees

Implementation of NetSuite SuiteCommerce improves equipment and supply ordering for Domino’s franchisees

New York, May 5, 2015 – Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, today announced that it has implemented a new equipment and supply online ordering system for Domino’s Pizza (NYSE: DPZ) franchisees. The new system is built on the NetSuite SuiteCommerce platform and enables Domino’s network of over 1,000 independent franchisees in North America to easily order equipment and supplies online. The cloud-based platform is integrated with Domino’s franchisee support organization, bringing efficiency to the franchisee ordering process by streamlining operations for producing its made-to-order fresh pizzas and other items.

Capgemini helped Domino’s replace its existing equipment and supply order management system with NetSuite SuiteCommerce. NetSuite Inc. (NYSE: N) is a provider of cloud-based financials/ERP and omnichannel commerce software suites. The new online system, which went live in December 2014, streamlines the equipment and supply ordering process for franchisees through self-service payment and shipment tracking.

Capgemini also integrated the system with Domino’s North America enterprise resource planning and warehouse management systems. The integration is intended to aid operations and further enhance the ordering experience by providing Domino’s customer service representatives with the data visibility they need to improve the accuracy and efficiency of phone orders, as well as their ability to assist with online inquiries. The system helps franchisees significantly reduce the time required to order supplies—from weeks to hours, or even minutes.

“As a leading global retailer in online transactions, we are well known for using innovative technologies to enhance our customer experience, but what we do for our franchisees is equally important,” said Kevin Vasconi, Domino’s Pizza executive vice president and CIO. “With the help of Capgemini, we are significantly improving the efficiency, availability and functionality of our franchisee ordering system, ultimately providing an improved experience for our franchise partners and a platform for Domino’s to drive future growth opportunities.”

Capgemini and Domino’s have worked together to enable Domino’s digital innovation goals across a number of areas. For example, Capgemini helped establish a commerce architecture strategy; defined a customer information strategy to generate actionable customer analytics across channels and enabled a common point of sale (POS) system globally to enable faster time to new markets.

“We are proud to be a longstanding provider for Domino’s and are excited about our work together to further enhance their reputation as a digital leader in serving up technology innovations for franchisees and customers,” said Ted Levine, global sector leader, consumer products & retail, Capgemini. “Our extensive experience as a leading systems integrator and deep experience in the restaurant industry segment enables us to help Domino’s improve operational effectiveness through technology.”

About Capgemini:

With more than 145,000 people in over 40 countries, Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services. The Group reported 2014 global revenues of EUR 10.573 billion (more than $14 billion USD). Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model.

Learn more about us at www.capgemini.com.

Trailer Wizards Expands Team in Quebec

Introducing New Business Development Manager, Marco Simard
 
Marco’s experience and industry knowledge will enable him to provide our customers the level of service they expect at Trailer Wizards. Marco is well positioned to continue to grow and expand Trailer Wizards’ reach in the Quebec market.

Mississauga, Ontario, May 05, 2015 - A leader in commercial trailer rental, leasing, and service, Trailer Wizards Ltd. announced today that Marco Simard has been appointed Business Development Manager for the Quebec Region. Simard’s appointment took effect April 27, 2015. Based out of the company’s Quebec City office, Simard will be responsible for further developing business in the Quebec market as well as managing the operations of the Quebec City branch.

Prior to his role at Trailer Wizards, Simard was responsible for business development at General Electric for over 10 years. He has also held Vice President roles at companies such as VA Transport and has run his own successful business. He brings with him over 25 years of business management and sales expertise.

“Marco’s experience and industry knowledge will enable him to provide our customers the level of service they expect at Trailer Wizards,” said Benoit Fisette, Vice President of Trailer Wizards’ Quebec region. “Marco is well positioned to continue to grow and expand Trailer Wizards’ reach in the Quebec market.”

Trailer Wizards invites the industry to meet Mr. Simard, and the rest of the Quebec team, for lunch and prizes at their customer appreciation event on June 18, 2015, from 11:30 am to 1:30 pm at their Lachine branch: 2150 46th Avenue, Lachine, QC.

About Trailer Wizards:

Trailer Wizards Ltd. is Canada’s largest and only national commercial trailer rental, leasing, sales, storage, parts and service company. For over 50 years, Trailer Wizards Ltd. has been delivering professional commercial trailer solutions with fast, customer-friendly service while continuously driving out costs. Trailer Wizards Ltd. is a 2014 winner of Canada’s Best Managed Companies program and provides “Local Service… Nationwide”. For more information, visit http://www.trailerwizards.com

Saddle Creek Announcement

Saddle Creek Adds New Business Development Director

Lakeland, Fla., May 5, 2015 – Saddle Creek Logistics Services announced today that Timothy Sartin has joined the company as director of business development.

In this role, Sartin will oversee the development of new customer relationships and help to generate organic growth with existing accounts. He will be based in Columbia, S.C.

Sartin has extensive experience in the logistics industry.  Prior to joining Saddle Creek, he held a variety of roles during his 10-year tenure at UTi Worldwide, including area service manager, senior operations manager, senior logistics engineer and, most recently, director of client solutions.

“Timothy has a strong background in logistics on both the operations and sales side of the business and an in-depth knowledge of the consumer goods, retail and food-and-beverage industries,” said Duane Sizemore, Saddle Creek senior vice president, marketing and business development. “He will be a great resource for our current and prospective customers. We’re excited to have him on board.”

Sartin holds a Bachelor of Science in Business Administration with a focus on logistics and supply chain from the University of Tennessee. He is a member of the Warehousing Education & Research Council (WERC), Council of Supply Chain Management Professionals (CSCMP), Retail Industry Leaders Association (RILA), and the South Carolina Transportation Distribution Logistics (TDL) Council.

About Saddle Creek Logistics Services

Saddle Creek is a third-party logistics company providing warehousing, transportation, packaging and fulfillment services. We leverage our broad array of capabilities to deliver integrated solutions that support our customers’ business objectives. For more information, visit www.sclogistics.com.

Penske Truck Leasing Receiving $1.1 Million in Texas Sustainability Grants

READING, Pa., May 5, 2015 – Penske Truck Leasing is the recipient of four grants totaling $1.1 million from the Texas Commission on Environmental Quality (TCEQ) through the Texas Emissions Reduction Plan (TERP). It is expected the company will utilize the grants to subsidize the purchase of natural gas Freightliner Cascadia tractors equipped with Cummins Westport 12-liter engines.

Penske will likely deploy these trucks in its full-service truck leasing fleet in the Houston and Dallas markets.

“The Houston and Dallas metropolitan regions have been designated as target air-quality improvement areas and we’re happy to do our part in facilitating TERP’s vision,” said Drew Cullen, Penske Senior Vice President of Fuels and Facilities Services. “These funds will allow our customers to employ natural gas vehicles at a more competitive cost.”

Penske Truck Leasing is a transportation industry leader in the areas of spec’ing, operating and maintaining fleets of traditionally-fueled vehicles as well as alternative-fueled vehicles that includes natural gas, propane, electric and diesel-electric hybrids.

Penske Truck Leasing is an affiliate partner in the U.S. EPA SmartWay program and Penske Logistics is a partner in the trucking carrier and logistics categories. Penske Truck Leasing is also an affiliate partner in the Canada SmartWay Transport Partnership, which is administered by Natural Resources Canada.

In the U.S., Penske Truck Leasing has won the SmartWay Affiliate Challenge Award for the last three years. In 2015, Penske Truck Leasing was given the U.S. EPA Clean Air Excellence Award for the first time in company history.

Penske:

Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a partnership of Penske Corporation, Penske Automotive Group, General Electric Capital Corporation and Mitsui & Co., Ltd. A leading global transportation services provider, Penske operates more than 216,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe, Australia and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions.

To Strengthen and Expand Frankfurt as Europe’s No. 1 Air Cargo Hub

Air Cargo Community Frankfurt presents first results – Presentation to customs reduced by a third – Target: 3 million tons of air freight annually by 2020

May 5, 2015, Frankfurt - About one year after its foundation, the Air Cargo Community Frankfurt e.V. is setting the essential accents with which it sustainably promotes and develops the airfreight location of Frankfurt. The representative of the interests of all involved in the air freight process chain in Frankfurt reported specific results today at “transport logistic” in Munich. The intensive involvement of today’s 27 Community members has the objective that Frankfurt can consolidate and extend its position as the European Air Cargo Hub number 1.

Noticeable process optimization
The continuous improvement of processes at the location is clearly the focus of attention for the Community’s work. To this end, all processes in the air cargo supply chain are being accurately documented and investigated in order to develop appropriate optimizations. In this connection, the Air Cargo Community Frankfurt is also banking on an even closer cooperation with the authorities. Successfully: thanks to the intensive exchange with customs and the resulting introduction of a digital process, the time needed for presentation to customs at the location was reduced by one-third from 45 to 30 minutes.

"The example of presentation to customs clearly shows what is possible when all concerned come together on the neutral platform of the association and jointly contribute their know-how”, says Andreas Heil, Board Member of the Air Cargo Community Frankfurt and Vice- President Customs & Compliance Solutions at Kewill. “Furthermore, we see it as clear proof that the digitalization in our industry still has enormous potential to save valuable time and money”.

The members of the Air Cargo Community Frankfurt are firmly convinced that a comprehensive solution for data exchange and for documentation on a digital basis, in other words, the creation of an integrated freight process right across all interfaces, will lead to high economic benefits for all concerned – for the airlines as well the handlers, the freight forwarders, other service providers at the location and the customers sending their freight. In the opinion of the association, the “Fair@Link” system at the location has the necessary potential.

As up to now there is no scientifically-based evidence on how high the economic benefits of such a system really is, the Community together with the Frankfurt University of Applied Sciences is to conduct a cost-benefit research project. The study will take a look at the complete value-added chain at the location and is intended to reveal facts which prove beyond doubt the benefits which are created.

Active Community creates important transparency
“For the airlines, freight transport is very important. The Frankfurt hub not only handles large volumes on freighters, but is also very important in the additional carriage of freight by passenger aircraft. Because given the great economic pressure in the industry, the additional loading of freight can improve the route results and thus help optimize profits”, says Michael Hoppe, Board Member of the Air Cargo Community Frankfurt and Chairman of the Board of Airline Representatives in Germany (BARIG). “The work of the Air Cargo Community Frankfurt makes a contribution in many areas. This clearly underlines that the association represents the perfect platform on which the various companies and organizations come together in order to jointly achieve a great deal.”

The commitment of the members is indeed high. 60 representatives of member companies are actively involved in the three working groups to date. The communication of all concerned also guarantees a maximum level of transparency in all areas – in the definition of joint objectives as well as in processes, developments and the implementation of projects by the Community.

“Transparency is the key to success”, adds Joachim von Winning, CEO of the Air Cargo Community Frankfurt. “It serves the purposes of quality assurance, because processes and procedures become understandable. It also ensures that projects and developments take place in the interest of all parties. And, last but not least, it represents the basis for mutual trust, especially towards the business partners.

Benchmarking with other airports
Another ambitious project of the Air Cargo Community Frankfurt will measure the performance capacity of the location in comparison with other airports. For this purpose, a completely new benchmarking process will be developed. The results should show, on the one hand, how quickly and efficiently Frankfurt operates in comparison with other major airports abroad. On the other hand, the association hopes to gain further insights as to where possible additional optimization opportunities exist.

Location with a high quality of service
The Frankfurt location should not only create an image for itself in terms of speed, according to the Air Cargo Community Frankfurt. It aims to establish itself generally the quality leader.

“In terms of reliability, Frankfurt already sets an example today”, says Christoph Schneider, Branch Manager of IJS Global, a member of the Air Cargo Community Frankfurt. “The quality of an air freight location is often reflected in how reliably the handling of difficult or special transports is handled. And it is precisely in this area where Frankfurt is ideally placed”.

With the introduction of consistently high quality standards, the Air Cargo Community Frankfurt wants to ensure that the excellent level at the location will be secured in the long term, and simultaneously signalizes to the business partners the reliability of the location.

Frankfurt is Europe's leading pharmaceutical hub
A particular emphasis is placed on the complex area of pharmaceutical shipments, where Frankfurt is extremely well-positioned. In fact, the location is the leading pharmaceuticals hub in Europe. Temperature-controlled transport on the apron, the temperature-controlled, GDP-certified storage area of over 7,000 square metres and, last but not least, the complete documentation process, demonstrate the enormous strength of Frankfurt in this area. Yet, the Air Cargo Community Frankfurt is seeking the accelerate processes in the area too. It is aiming to achieve a reduction in the average length of stay of the shipments on the apron from the current 90 to between 45 and a maximum of 60 minutes. In order that the performance of the location with pharmaceutical shipments is verifiable, the Community is preparing a comprehensive certification of this area.

“With our work we are making a major contribution to ensuring that the location can gain additional market share in the freight business and, at the same time, the added value continues to rise”, emphasizes Dr. Karl-Rudolf Rupprecht, CEO of Air Cargo Community Frankfurt and Member of the Executive Board Operations at Lufthansa Cargo. “Below the line, we want to ensure that more air cargo is handled via Frankfurt, so that the annual volume of air cargo handling in Frankfurt grows from 2.2 million tons last year to a total of ?3 million tons by 2020”.


Air Cargo Community Frankfurt e.V.
The Air Cargo Community Frankfurt e.V. is an association of companies, institutions and organizations with the clear objective of promoting the airfreight location of Frankfurt. Its total of 27 members include representatives of all areas of the air cargo supply chain. The association has three working groups' Temperature-controlled Transport ',' Processes & Infrastructure "and "Location Marketing & Community Building", as well as various specialist groups which represent the entire range of services offered at the  airfreight location of Frankfurt. The prime objective is that the Frankfurt Airport will, also in future, continue to clearly be Europe’s No. 1 in the air freight business and, as the leading cargo hub, significantly enhance its competitiveness compared with other airports in neighboring countries. The location of Frankfurt, today with more than 2.2 million tons of air freight (2014) and 11,600 employees in the cargo area, should also continue to grow significantly in the coming years and, in doing so, capture an even larger share of global freight volumes for itself.

Monday, May 4, 2015

UPS APPOINTS EDWARD ROGERS GLOBAL DIRECTOR OF SUSTAINABILITY

Steve Leffin to Retire After More Than 30 Years at UPS
       
       ATLANTA, May 1, 2015 – UPS® (NYSE:UPS) today announced that Edward Rogers will become the company’s new Global Director of Sustainability, effective immediately. Rogers succeeds Steve Leffin who helped create UPS’s sustainability strategy and led a number of successful initiatives during his seven years guiding UPS’s Sustainability group globally. During this period, the company became one of the first U.S. companies to meet the Global Reporting Initiative (GRI) G4 framework at the comprehensive level, exemplifying its leadership in reporting transparency and credibility.
       
       “UPS is committed to minimizing our environmental impact in every aspect of our service to customers,” said Rhonda Clark, UPS chief sustainability officer and vice president of environmental affairs. “We are grateful to Steve for his more than three decades of service to UPS and strong collaboration with environmental leaders around the world. Ed Rogers’ former role as global strategy manager and his new post as Global Director of Sustainability align perfectly and will help the company continue to implement industry-leading sustainability practices.”
           
        Rogers joined UPS in 1994. In the corporate strategy group, he led projects related to strategic planning, enterprise strategy communication, corporate development, corporate venturing, sustainability strategy and enterprise risk management. He has served in various positions across UPS, including as an industrial engineering staff manager and as the industrial engineering manager for the Gulf South district. Prior to joining UPS, Rogers served four years as a captain in the U.S. Air Force in Dayton, Ohio, managing programs to modernize the defense manufacturing industry, and as an engineering management consultant. Rogers is a member of the Council of Supply Chain Management Professionals and the Institute of Industrial Engineers.
       
       UPS’s sustainability initiatives are focused in four strategic areas: environmental responsibility, economic enhancement, empowered people and connected communities. For more information, please view the company's most recent Corporate Sustainability Report at ups.com/sustainability.

About UPS

       UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. UPS is committed to operating more sustainably – for customers, the environment and the communities we serve around the world.  Learn more about our efforts at ups.com/sustainability. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at ups.com® and its corporate blog can be found at Longitudes.ups.com.


UPS Store Campaign

The UPS Store Launches Small Biz Salute Campaign in Celebration of Small Business Week

       SAN DIEGO, May 4, 2015 – As an extension of its commitment to the small business community, The UPS Store® today announced the launch of its Small Biz Salute campaign, which celebrates small business owners nationwide during National Small Business Week.

       Small Biz Salute rewards and honors small businesses for their hard work and gives them an opportunity to network and support each other. According to survey results released by The UPS Store1, 73 percent of small business owners would find a firsthand connection with others in their industry helpful. In addition, 82 percent of small business owners who worked with a mentor while starting their business found the experience helpful in getting them through the process.

       In an effort to facilitate the link between small business owners, The UPS Store is launching the week-long campaign to give entrepreneurs in several of the nation’s top small business cities – Seattle, Austin and Atlanta – special opportunities to make meaningful connections with other entrepreneurs in their communities and gain valuable advice from small business experts.

       “National Small Business Week is a special week for The UPS Store as it gives us an opportunity to further our support and commitment to small business owners,” said Michelle Van Slyke, vice president of marketing and sales at The UPS Store. “Support for entrepreneurs comes in many forms, so Small Biz Salute was established to recognize small business owners for their hard work in their communities and help small businesses meet, celebrate and support one another.”

    The UPS Store’s Small Biz Salute events in the three cities will celebrate and unite local small business owners. The week-long activities include:

*         Local coffee shop takeovers. To help raise awareness about locally owned businesses, The UPS Store will be at select coffee shops in the three cities giving away free coffee* to consumers who choose to patronize small businesses. The UPS Store will also surprise co-working, startup and small business spaces through surprise coffee deliveries to their front doors.
*         Evening happy hours hosted by The UPS Store, featuring local small business experts and chapter representatives from SCORE, a nonprofit dedicated to helping small businesses through education and mentorship, who will offer valuable advice on topics relevant to small business owners. The events will provide an opportunity for entrepreneurs to make one-on-one connections, learn from other small business owners and expand their network.  
    “The UPS Store is committed to helping small business owners launch and grow their businesses in any way we can,” said Van Slyke. “Small Biz Salute is our chance to take a moment to pause, recognize and celebrate those who do so much for our local communities and economies.”
   
       The UPS Store is encouraging people nationwide to show their support of small business owners by sharing and celebrating their favorite small businesses on social media using the hashtag #SmallBizSalute.

       With more than 4,400 locations across the United States, The UPS Store is committed to helping small business owners launch and grow their business – from meeting their packing and shipping demands and their mail and print needs to offering complimentary online resources and discounted referral products and services. The UPS Store’s innovative approach to helping the everyday entrepreneur includes offering 3D printing services, business consulting, and opportunities for mentoring among small business owner customers.

       For more information about The UPS Store’s Small Biz Salute campaign, visit theupsstore.com/smallbizsalute. To learn more about The UPS Store’s services for small businesses, visit theupsstore.com/small-business-solutions.

1 - Survey Methodology
The results of the survey are based on an online survey conducted January 20 – 26, 2015, by The UPS Store, Inc., franchisor of The UPS Store network, with general consumers age 18+ and small business owners. The online study was conducted with 1,200 general consumers and 506 small business owners. For more results from The UPS Store survey, visit theupsstore.com/score.
*Free coffee will cover each patron’s entire tab between the hours of 8am-11am in Austin and 7am-11am in both Seattle and Atlanta.  No purchase necessary.


About The UPS Store

With more than 4,400 locations, The UPS Store network comprises the nation’s largest franchise system of retail shipping, postal, print and business service centers. The UPS Store locations in the U.S. are independently owned and operated by licensed franchisees of The UPS Store, Inc., a subsidiary of UPS (NYSE: UPS). Services, products, pricing and hours of operation may vary by location. For additional information on The UPS Store, visit theupsstore.com. For information on franchise opportunities for opening a The UPS Store location, visit theupsstorefranchise.com.

Americold Launches Reporting Tool

Americold Launches Next Generation of its i-3PL Visibility and Reporting Tool

ATLANTA, Georgia – (May 4, 2015) – Americold, a global leader in temperature-controlled warehousing and logistics to the food industry, announced today the launch of the next generation of its temperature-controlled supply chain visibility and reporting tool, i-3PL.

“Americold continues to make significant investments in its technology to ensure our position as the premier provider of supply chain and logistics solutions for our customers,” commented Thomas Musgrave, Executive Vice President and Chief Information Officer for Americold in a press release.

“We’ve made strides each year to improve our technology platform, and on May 4, 2015, we continue this progress with the external launch of the latest evolution of our i-3PL supply chain visibility and reporting tool.”

The company’s i-3PL application offers customers a portal view to track inventory throughout more than 145 Americold facilities across the U.S. The depth of information available and the scope of Americold’s nationwide facility network is unmatched by any other temperature-controlled warehousing and distribution provider.  Customers can view and manage their inventory, check the status of shipments, enter and update orders, place orders on hold, run reports and manage alerts based on data from across the U.S. Americold network.

All data is available through EDI integration, making the information resident within a customer’s ERP system, but it’s also available instantaneously through Americold’s online portal www.i-3pl.com as well as dynamically on any web-enabled smart device.  This places real-time analytics into customers’ hands wherever they may be, and empowers more qualified decision making by providing direct access to inventory levels, reporting, pallet tracking and alert management.  As customers increasingly adopt management-by-exception, Americold’s i-3PL solution will proactively notify them should an order fall out of tolerance. This is a huge efficiency advancement for customers.

Americold’s original i-3PL product was launched in 1999 and was precedent-setting in the management of temperature-controlled supply chains.  Since then, it has grown to over 30,000 monthly user logins, generating more than 100,000 monthly customized reports that track 3.5 billion cases annually.

In preparation for the launch, Americold held focus sessions with customers to ensure that the user interface, streamlined navigation, and features of the redesign exceeded expectations.  In addition to customer suggestions, key enhancements include support for all web-enabled handheld devices, role-based functionality, personalized dashboards tailored to a user’s specific needs, and a performance boost to increase report calculation response times.  To support this release, enhanced training and reference videos have been produced for customers to simplify the transition to the upgraded system.

“i-3PL provides our customers with the ability to manage all inventory across their entire enterprise.  It streamlines their supply chain management process and enhances the levels of service provided for our customers’ customers,” said Keith Goldsmith, Executive Vice President and Chief Commercial Offer at Americold.  “The latest release of i-3PL shows our continued investment in our market-leading technology platform, and we will continue to advance i-3PL with additional functionality that allows our customers to manage their business with even greater efficiency.”


About Americold

Americold is the global leader in temperature controlled warehousing and transportation solutions to the food industry, offering the most comprehensive suite of storage, distribution and value-added logistics services in the world. Based in Atlanta, Georgia, Americold owns and operates over 175 temperature-controlled warehouses, with more than 1 billion cubic feet of storage, in the United States, Australia, New Zealand, China, Argentina and Canada. Americold’s warehouses are an integral component of the supply chain connecting food producers, processors, distributors, and retailers to consumers. Americold serves more than 3,000 customers and employs 12,000 associates worldwide. More information about Americold is at www.americold.com.

Ryder Canada Extends Partnership with CIT

Ryder Canada Extends Partnership with CIT to Offer Its Customers more Financing Options for Pre-Owned Vehicles

MIAMI, May 4, 2015 – Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions,  today announced that it is making it easier than ever for customers to finance quality pre-owned vehicles.  The Company recently extended its U.S. preferred lender agreement with CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, to now include Ryder customers in Canada.

For the past four years, CIT, through its Direct Capital Corporation subsidiary, has been a preferred lender for Ryder Pre-Owned Vehicle Sales Centers across the United States.  The Canadian partnership adds CIT to a list of preferred lenders, providing Ryder customers with more options for lending partners.  The partnership increases the variety of highly competitive financing programs and additional alternatives for Ryder customers across Canada.

“We are pleased to extend the benefits of this partnership to Canadian businesses looking for the best rates and more financing options for quality pre-owned vehicles,” stated Michael Cagney, Director Asset Management Ryder Canada.  “Offering our customers the convenience of a true, one-stop resource is a key initiative for Ryder. With this agreement, our customers can take advantage of financing options that will help their businesses grow, while reducing financing costs.”

Blake Macaskill, Managing Director of CIT Canada, said, “We are excited to be developing and expanding our partnership with Ryder Canada.  One of the many benefits of the CIT acquisition of Direct Capital is the ability to offer our partners consistent financing programs in both Canada and the United States.”

Customers across Canada can choose from Ryder’s vast selection of pre-owned cab and chassis trucks, including diesel-powered straight truck models with a full range of payload capacities.  Ryder currently offers the largest inventory of pre-owned vehicles for sale in North America, selling more than 17,000 vehicles a year from over 59 used truck centers across North America, including seven in Canada.  To view Ryder’s complete Canadian coast to coast inventory, please visit, www.ryderusedtruck.ca.

About Ryder

Ryder is a FORTUNE 500® commercial fleet management, dedicated transportation, and supply chain solutions company.  Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index.  Inbound Logistics magazine has recognized Ryder as a top third party logistics provider and green supply chain partner.  In addition, Security Magazine has named Ryder one of the top companies for security practices in the transportation, logistics, supply chain, and warehousing sector.  Ryder Canada is a proud supporter of the Canadian Cancer Society, a national community-based organization of volunteers whose mission is the eradication of cancer and the enhancement of the quality of life of people living with cancer.  For more information, visit www.ryder.com and follow us on Facebook, YouTube, Twitter, and on our Online Newsroom.

About CIT

Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lending, factoring, retail and equipment finance, as well as aerospace, equipment and rail leasing. CIT’s U.S. bank subsidiary CIT Bank (Member FDIC), BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. cit.com.


Note Regarding Forward-Looking Statements:  Certain statements and information included in this news release  are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995.  These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions.  Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission.  New risks emerge from time to time.  It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business.  Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

CP Announcement

Canadian Pacific announces the appointment of Mark Erceg as Chief Financial Officer

CALGARY, May 4, 2015 - Canadian Pacific (TSX:CP) (NYSE:CP) today announced that Mark Erceg has been appointed Executive Vice-President and Chief Financial Officer effective May 18, 2015.

Erceg joins CP from Masonite International Corp. where he had been Executive Vice-President and Chief Financial Officer since 2010. Erceg brings to CP over 20 years of financial management experience.

"After a comprehensive search, it was clear that Mark was the right individual for the job," said E. Hunter Harrison, CP's Chief Executive Officer. "Mark has the breadth of experience necessary to spearhead the continued growth of CP's business and play an integral part alongside the executive team, employees and the Board in driving the company forward and continuing to enhance shareholder value."

Effective May 18, Mr. Erceg will take over day-to-day CFO duties with outgoing CFO, Mr. Bart Demosky, supporting a smooth and seamless transition until his own departure on May 31.

"I am honoured to be joining such an innovative, forward-thinking and iconic company," said Erceg. "Under Mr. Harrison's leadership, CP has made tremendous progress since 2012 and I am excited to be part of the next chapter in the CP story."

As CP's Executive Vice-President and CFO, Erceg will be a key member of the senior management team responsible for helping plan the long-term strategic direction of the company. Other responsibilities will include financial planning, reporting and accounting systems as well as pension, treasury and tax. Erceg holds a bachelor's degree in accounting and an MBA in finance from the University of Indiana.

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 Canadian Pacific.
SOURCE: Canadian Pacific