Thursday, April 28, 2016

ICAT Logistics Achieves 20% Overall Company Growth

A leading agency-based freight forwarder reports it has achieved a 65% growth rate for agency partners and 20% overall company growth for the fourth year in a row.

Elkridge, MD – April 28, 2016 – In the last four years, ICAT Logistics, Inc. (ICAT), an award-winning and leading agency-based freight forwarder in the U.S., has seen massive development, growing at least 20% each year.  As a result of their recent remarkable growth, ICAT expects to expand from their current seven international licensees to 15 by 2017, and are looking to add at least five domestic offices in the next year.  Company executives attribute this unprecedented feat to several factors, most notably, “The ICAT Way” Program.  This program has generated a remarkable 65% growth rate for agency partners and increased opportunities for 2016.

This unprecedented 65% growth rate is in large part due to the industry-leading turnkey recruiting, training, and development of the ICAT Way Program, which delivers critical support to its agency partners.  Continuing to gain accolades for its demonstrated ability to drive continued growth, this program has been a success among ICAT’s increasing network of global agency partners.

“There are several distinguishing facets that contribute to our success.  The most prominent is our commitment to our agency partners as the driving component of our growth strategy.  This commitment is evident in every area of our Home Office.  Each department’s mission is to assist our agency partners with their particular challenges and opportunities related to their unique growth plan,” comments ICAT President and CEO, Rick Campbell.

The ICAT Way Program provides agency partners with the tools and information to assist in each and every facet of business development; from operations, to technology, to sales, to human resources, to marketing, to finance, just to name a few.  As an example, offering sales tools that include lead generation, marketing materials, and an integrated CRM program.  Further included is access to experienced industry professionals with a wide knowledge base of international and domestic logistics.

In 2016, ICAT continues to help their Agency Partners by focusing on its larger goals, including:

•       Capitalizing on new technology and web-based tools such as ICAT Connect, a flexible, easy-to-use online program that “connects” customers with their shipping data in real-time, to help achieve greater efficiency and enhance operational processes, with the goal of even greater service to all ICAT's customers around the globe;
•       Intensifying business development efforts with a focus on prospective, as well as current customers to promote continued, healthy growth;
•       Administering the ongoing expansion of the internal sales team with several new hires planned for 2016; and
•       Continuing to focus on achieving a greater customer-centric service approach, along with expanding its outreach to existing shipping customers.

To further expand growth, ICAT recently hired Hann Livingston as the new Chief Growth Officer.  Hann brings more than 13 years of expertise in managing expansion into new U.S. and international markets, employee and sales-partner performance objectives and incentives, and vendor acquisition and negotiation.  In his new role, Hann will be responsible for a number of priorities in continuing to grow ICAT’s global presence such as, working with existing agencies and partners to manage growth, defining and executing company marketing and sales objectives, expanding the ICAT network through new agency partnerships, and working with the team to continuously improve ICAT’s best-in-class service offerings.

“We are focused on certain growth metrics involving company expansion through additional offices both domestically and abroad, but know first and foremost, staying focused and maintaining our core messaging – our values, our mission, our vision and our brand promise – is critically important to achieving these metrics and additional milestones,” Campbell explains. “We have a very distinct culture that is quickly identified by anyone who visits our office.  We take our mission to ‘help all those we touch grow’ very seriously.  There is a family feel that embodies a strong work ethic, a commitment to excellence and demonstrates a genuine, authentic group that is transparent in our actions.  I’m proud of our success and looking forward to what we can achieve in the future.”

About ICAT Logistics, Inc.
Established in 1993, ICAT Logistics has become a leading agency-based freight forwarder in the U.S.  ICAT Logistics provides customizable shipping and logistic solutions for every customer and is dedicated to helping its agency partners grow more profitably with The Agency Partner Program. The successful Agency Partner Program gives customers complete control of handling their freight while providing the best corporate support in the business.

Tuesday, April 26, 2016

CN AGM Announcement

MONTREAL, April 26, 2016 - Claude Mongeau, president and chief executive officer of CN (TSX: CNR) (NYSE: CNI), said today the company has made huge strides since its 1995 initial public share offering (IPO) to transform itself into a North American railway.

"CN's journey since its IPO is the story of a remarkable and uniquely successful business transformation," Mongeau told the company's annual meeting of shareholders here.

Once an industry laggard based largely in Canada, CN today is the clear North American rail industry leader. Following five successful acquisitions, the company now efficiently spans eight Canadian provinces and 16 U.S. states, transporting more than C$250 billion worth of goods annually over a 20,000-route-mile network that reaches all three coasts on the continent.

Mongeau said core financial measures attest to CN's superior record of efficiency, profitability and shareholder value-creation since the IPO:
  • The railway's operating ratio – a key measure of efficiency – in 2015 improved to a record 58.2 per cent from 89.4 per cent in 1994, the year before privatization, and has consistently been the best in the industry since 1998.
  • CN has generated almost 20 per cent average annual growth in adjusted diluted earnings per share since becoming a publicly-traded company.
  • From an initial value of C$2 billion in 1995, CN's market capitalization has increased several fold to stand at C$63 billion currently. Close to C$70 billion of capital gains and dividend distributions have been generated since the IPO for the benefit of loyal investors who rely on CN for the effective stewardship of their stock ownership.
The privatization of CN 20 years ago was a pivotal policy decision by the Canadian government that gave impetus to a wave of broadly positive change and fundamental innovation. CN's uniquely successful business transformation unlocked significant and lasting value for all stakeholders involved, and it serves to underscore the importance of a vibrant commercial policy framework staying in place for the North American rail industry.
"We are extremely proud of our transformational journey," Mongeau said. "Today we touch just about every sector of the economy, serving thousands of valued customers with high quality and reliable service at world-class freight rates. With the right policy framework in place, we will continue to fulfill the extraordinary promise of CN's business transformation with significant investments in our business and bold customer service innovation."
CN is a true backbone of the economy, transporting 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 of approximately 20,000 route-miles 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 about CN, visit the Company's website at www.cn.ca.

Monday, April 25, 2016

Professional Freight Forwarder (PFF) Designation Announcement

CIFFA Announces Changes to Professional Freight Forwarder (PFF) Designation

TORONTO April 21, 2016 - Obtaining and maintaining a professional designation is a worthy achievement and something that any individual can be proud of. Currently some 80 individuals proudly bear the Professional Freight Forwarder (PFF) designation and are recognized as ‘Individual Members’ of the association.

“The PFF designation is a mark of excellence in and commitment to the freight forwarding industry”, says Jeff Cullen CIFFA President and President and CEO of Rodair. “Our sector is maturing and a professional designation can help establish standards and set the bar for senior positions within the industry. Employers want an easily recognizable way to distinguish an industry professional and the PFF should provide that.”

Current PFFs have not only met education and work-experience requirements, they also contribute to the industry by sitting on working groups and committees, representing freight forwarders at events and trade shows and contributing to overall promotion of the global freight logistics sector. They make a point of continuing to learn throughout their careers, and are required to maintain personal and professional development through conferences, seminars and classes.

While the application process itself will be made easier and the benefits of accreditation increased, the education requirements of the program are being beefed up as part of the association’s ongoing drive to enhance the industry’s professionalism. To qualify for accreditation after January 1, 2017, applicants will need to have completed the association’s three new management courses that are now available, and its workshops on standard trading conditions and ethical decision-making, in addition to the Certificate and Advanced Certificate programs that have always been required for accreditation. Existing PFFs (defined as PFFs who had renewed with CIFFA as of February 29, 2016) will have two years, until January 1, 2019, to complete the management courses.

Registration for the management courses are now open and there are only a few weeks until the first course begins.

Sales Strategies for the Non-Sales Manager   (May 10-12)
What the Non-Financial Manager Needs To Know About Financial And Managerial Accounting (June 21-23)
Building A Strong Client Service Culture For Your Organization (July 19-21)

For more information on the PFF designation or the new management curriculum please email us at PFF@ciffa.com. For more information on the management program visit our website at www.ciffa.com/education/

The Canadian International Freight Forwarders Association (CIFFA) represents some 250 regular member firms from the largest of global multi-national freight forwarding firms to small and medium sized Canadian companies. CIFFA member companies employ tens of thousands of highly skilled international trade and transportation specialists. As a vital component of Canada’s global supply chain, CIFFA member companies facilitate the movement of goods around the world. International freight forwarders are the foremost experts in cargo transportation solutions and an essential partner in advancing the Canadian economy and the economic prosperity of Canadians.

Wednesday, April 20, 2016

Kenco Staff Presenting at WERC and EWTS Logistics Conferences


CHATTANOOGA, Tenn.—April 20, 2016 —The upcoming Warehouse Education and Research Council (WERC) annual conference will feature several experts from Kenco discussing a range of topics on the latest practices in warehousing and logistics.

This year’s WERC conference—which starts May 15 in Providence, Rhode Island—includes:

Ann Christopher, vice president and corporate counsel for Kenco, facilitating a peer-to-peer discussion on regulatory challenges impacting the logistics industry;
Greg Boring, vice president of sales, leading a peer-to-peer discussion on “How to Maximize a 3PL Partnership;” and
Jason Minghini, vice president Best Practices, will be involved in three sessions—speaking on “Applying Just-in-Time to the Warehouse,” presenting on “Data Analytics to Support Metrics,” and hosting a peer discussion on how to build a better manufacturing distribution center.
Kenco is also participating in a technology conference this spring. Kristi Montgomery, vice president Kenco Innovation Labs, and Trever Ehrlich, creative solutions manager, will be among the speakers at the Enterprise Wearable Technology Summit (EWTS) East in June in Atlanta. They will be on panels discussing “Cultural and Organization Considerations for Wearable Technology” and “How Businesses Can Use Wearables Today.”

About Kenco


Kenco is a third-party logistics provider with more than 65 years of experience serving customers throughout North America. By optimizing people, processes, and technology, Kenco supports peak supply chain performance with vertically integrated capabilities that include: value-added warehousing; transportation; material handling services; real estate management; and information technology—all engineered for operational excellence. Kenco is a privately owned and diversity-certified company that delivers common sense solutions for uncommon value. Learn more at www.kencogroup.com. Also, connect with Kenco on Twitter, Facebook, LinkedIn, and the Kenco Blog.

Kenco’s warehouses and facilities are located in: Allentown, PA; Asheville, NC; Avenel, NJ; Bakersfield, CA; Baltimore, MD; Bolingbrook, IL; Camden, SC; Carrollton, TX; Charleston, SC; Chattanooga, TN; Chino, CA; Clearfield, UT; Covington, GA; Dallas, TX; Dalton, GA; Denver, CO; Devens, MA; Duncan, SC; Dundee, MI; Fairburn, GA; Fontana, CA; Grand Rapids, MI; Groveport, OH; Harrisburg, PA; Hartsville, SC; Houston, TX; Hutchins, TX; Indianapolis, IN; Janesville, WI; Joliet, IL; Kalamazoo, MI; Louisville, KY; Lumberton, NC; Madison, AL; McDonough, GA; Memphis, TN; Monroe, NJ; Mount Vernon, IN; Nashville, TN; Oakland, NJ; Ogden, UT; Ontario, CA; Orange, TX; Orlando, FL; Pendergrass, GA; Portage, MI; Portland, OR; Puyallup, WA; Rancho Cucamonga, CA; Reading, PA; Redlands, CA; Robbinsville Township, NJ; Romeoville, IL; Salt Lake City, UT; Savannah, GA; Seaford, DE; Stone Fort, VA; Wilmer, TX; Zeeland, MI; and Milton, Ontario, Canada.

Friday, April 15, 2016

Deadline to Register for Spring Semester of CITT Logistics Courses is April 20

Toronto, Ontario – April 15, 2016 - CITT reminds those interested in working towards its CITT-Certified Logistics Professional (CCLP) designation that the deadline to register for a course in its upcoming semester is Wednesday, April 20. After this deadline, the next CITT courses do not start until September, so CITT encourages everyone looking to quickly earn its industry-preferred CCLP designation to sign up now at www.citt.ca/courses.


“Last spring was our biggest spring semester ever, with more people starting – and continuing – towards earning their CCLP designation than ever before” said Catherine Viglas, CITT President & CEO. “Because CITT’s professional designation is in such high demand, we’ve expanded our spring semester. Starting in 2016, we now offer every single course toward the designation year round.” Viglas added. “Students can complete their required course work in as little as 15 months. By this time next year, students starting now can be very close to adding CCLP to their professional credentials.” 


Course work for CITT’s specialized logistics courses starts on April 21, so students are advised to register as soon as possible. Online registration is available 24/7 until the April 20 deadline. Anyone who has questions or needs help getting signed up can also contact CITT staff.


CITT is one of the Canadian industry's most valued and respected source of complete, career-long learning and career-path development open for everyone who buys, sells or manages the flow of goods and product, or is impacted by supply chain logistics. CITT provides:
Professional certification in logistics (the CCLP designation) – www.citt.ca/cclp
Logistics and business management courses – www.citt.ca/courses
Industry’s top-rated annual Canada Logistics Conference – www.citt.ca/conference
SCL Webinar Series - www.citt.ca/webinars
Professional SCL Talent Pool --www.citt.ca/talentpool

Thursday, April 14, 2016

Flagler Global Logistics Announcement

Flagler Global Logistics Names David Bouchard President 

MIAMI (April 13, 2016) – Flagler Global Logistics today announced the appointment of logistics industry veteran David Bouchard as President of Flagler Global Logistics (FGL), a leading integrated supply chain management solutions provider. With more than 30 years of experience in strategic planning, operations and sales spanning across international markets for the food, retail, high-tech, retail, automotive and consumer industries, Bouchard will lead FGL’s operations and expansion. He will be based at the company’s headquarters in Miami, Florida.

“Flagler Global Logistics has established itself as an industry leader and innovator in the logistics and perishables business, delivering high-quality products with longer shelf life,” said Vincent Signorello, President and CEO of Florida East Coast Industries, parent company of FGL. “David brings the right balance of leadership, ingenuity and experience needed to drive the company’s growth.”

Bouchard most recently served as Chief Executive Officer of DB Schenker Logistics for the Americas, one of the largest integrated logistics service providers in the nation. During Bouchard’s tenure as CEO, DB Schenker enjoyed double-digit growth in revenues and oversaw more than 8,000 employees across the Americas.

In his new role, Bouchard will use this experience to elevate FGL into its next phase of innovative leadership. “We plan to expand our operations and value-add services on a global scale, strategically positioning the company to build a nationally recognized brand and solidify its position as a leading 3PL services company in the perishables industry,” said Bouchard.

Prior to joining DB Schenker, Bouchard spent 22 years with Ryder System Inc. In his tenure with Ryder, Bouchard’s roles included leading the international division, corporate strategy, leading high-tech and industrial business segments, dedicated contract carriage and transportation management businesses and a commercial leasing and rental region.

Bouchard holds an MBA from Temple University and a BA in Humanities from Providence College.

About Flagler Global Logistics

Flagler Global Logistics is a leader in the cold chain perishables business focused on delivering customized services to clients seeking high-quality products with longer shelf life. Flagler Global Logistics provides state-of-the-art, environmentally sustainable and safe fumigation services, along with value-add services from quality repacking to labeling and consolidation services; aided by seamless transportation coordination. Headquartered in Coral Gables, Fla., FGL is a wholly owned subsidiary of Florida East Coast Industries, LLC. For more information, visit www.flaglergl.com.

Wednesday, April 13, 2016

UPS NAMES TAMARA BARKER NEW CHIEF SUSTAINABILITY OFFICER

ATLANTA, April 13, 2016 – UPS (NYSE: UPS) announced today that Tamara Barker has been named the company’s new Chief Sustainability Officer (CSO) and Vice President of Environmental Affairs, effective immediately. Barker will succeed Rhonda Clark, a 26-year UPS veteran, who has been named Vice President of Corporate Plant Engineering for UPS.

Barker, a nearly 30-year UPS veteran has held a wide array of roles at the company, most recently as the west region director of plant engineering.

            “As our business continues to grow, UPS is committed to meeting increased demand in ways that consume less energy and produce fewer emissions, yet maintain high service levels for customers,” said Mark Wallace, UPS senior vice president global engineering and sustainability. “Rhonda helped push UPS closer to our sustainability goals and her new assignment will contribute to the company’s ability to expand facility projects to meet our growing marketplace demands. Tamara’s plant engineering leadership, combined with her many years of distinguished UPS service, places her in a strong position to make continued progress on our environmental sustainability commitments.”
         
            As CSO and Vice President of Environmental Affairs, Barker will work to advance UPS’s 2020 sustainability goals and initiatives; drive environmental affairs and plant engineering activities internationally; and lead cross-functional committees responsible for global sustainability reporting, global greenhouse gas (GHG) emissions reduction strategy, and employee engagement in sustainability.

As Vice President of Corporate Plant Engineering, Clark will concentrate on the construction and expansion of automated facilities and innovative material handling systems, facility maintenance, and environmental and regulated goods compliance for UPS worldwide.

For more information on UPS's sustainability initiatives, please visit www.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. 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 blog.ups.com.  To get UPS news direct, visit pressroom.ups.com/RSS.

Tuesday, April 12, 2016

Melbourne International RoRo Automotive Terminal Officially Opens

11th April, 2016, Melbourne, Australia - Melbourne International RoRo & Automotive Terminal (MIRRAT) will officially open at Webb Dock West in Melbourne on the 10th April, 2016. MIRRAT is dedicated to providing best in class terminal services to the Automotive and RoRo markets in Melbourne by providing efficient, innovative and sustainable solutions to our customers.

As part of Port of Melbourne Corporation’s port capacity project, MIRRAT was awarded the rights to design, construct and operate the new RoRo & Automotive Terminal at Webb Dock West. This was a unique opportunity to build a world-class purpose built facility to support the shipping industry and all users of the terminal.

Over the past 18 months Managing Director Paul Hand and his team have been working with MIRRAT’s construction partners to deliver Australia’s largest RoRo & Automotive Terminal.
‘This is an exciting time for all users of our facility, and the team at MIRRAT are proud of all the achievements to date. We are ready to open this world-class terminal to help connect Melbourne to the rest of the Global market.’ – Paul Hand, Managing Director MIRRAT.

MIRRAT has a strong environmental focus and is aiming to achieve a Greenstar rating of ‘5 stars’ for the buildings, as well as an accreditation of ‘excellent’ for the overall construction of the terminal from the Infrastructure Council of Australia (ISCA). Some of the initiatives that MIRRAT has implemented to achieve this goal include the using of over 200,000 tonnes of recycled concrete, brick and glass in the construction of the terminal. MIRRAT has also installed LED lighting across the facility which will reduce energy usage by 30% per year.
The design of MIRRAT’s terminal ensures greater efficiency in the supply chain for all users of the terminal. Some of the current features at MIRRAT include 4,800 automotive laydown bays, 20,000 sqm of heavy duty hardstand, two wash bays, 120t gantry crane, and dedicated inspection zones. In 2018, the facility will expand to encompass three vessel wharves and additional laydown area which will enable the terminal to handle 1,000,000 units annually.

For more information about MIRRAT, please visit www.mirrat.com.au

More about MIRRAT
A wholly owned Australian incorporated subsidiary of Wallenius Wilhelmsen Terminal Holdings AS (WWTH) and is part of a broader infrastructure portfolio of 14
terminals owned, operated and/or invested in by WWTH. MIRRAT has been established as the entity to manage and operate the terminal activities in Melbourne.

Monday, April 11, 2016

Canadian Pacific Announcement on Norfolk Southern

CALGARY, April 11, 2016 - Canadian Pacific Railway Ltd. (TSX:CP) (NYSE:CP) today announced that it has terminated efforts to merge with Norfolk Southern Corp. (NS), including the withdrawal of a resolution asking NS shareholders to vote in favour of good-faith negotiations between the two companies. No further financial offers or overtures to meet with the NS board of directors are planned at this time.

CP proposed the creation of a true end-to-end railroad that would enhance competition, ease freight congestion now and into the future, improve service to shippers, better support the economy and generate significant shareholder value for both companies.

"We have long recognized that consolidation is necessary for the North American rail industry to meet the demands of a growing economy, but with no clear path to a friendly merger at this time, we will turn all of our focus and energy to serving our customers and creating long term value for CP shareholders," said CP CEO E. Hunter Harrison.

CP has a proven approach – precision railroading – that delivers superior results for customers, employees, communities and shareholders. CP will continue to focus on providing the best service, controlling costs, optimizing assets, operating safely and developing the best team of railroaders in the industry.

Forward Looking Statement

This news release contains certain forward-looking information within the meaning of applicable securities laws relating, but not limited, to the need for change in the rail industry to address shipper concerns, the anticipated results and benefits of an end-to-end solution for shippers and potential future consequences of not addressing current industry issues. This forward-looking information also includes, but is not limited to, statements concerning expectations, beliefs, plans, goals, objectives, assumptions and statements about possible future events, conditions, and results of operations or performance. Forward-looking information may contain statements with words or headings such as "financial expectations", "key assumptions", "anticipate", "believe", "expect", "plan", "will", "outlook", "should" or similar words suggesting future outcomes.

Undue reliance should not be placed on forward-looking information as actual results may differ materially from the forward-looking information. Forward-looking information is not a guarantee of future performance. By its nature, CP's forward-looking information involves numerous assumptions, inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking information, including but not limited to the following factors: the ability of the parties to agree to the terms of a proposed transaction; the ability of the parties to obtain the required regulatory approvals; the ability to recognize the financial and operational benefits of the transaction; changes in business strategies; general North American and global economic, credit and business conditions; risks in agricultural production such as weather conditions and insect populations; the availability and price of energy commodities; the effects of competition and pricing pressures; industry capacity; shifts in market demand; changes in commodity prices; uncertainty surrounding timing and volumes of commodities being shipped via CP; inflation; changes in laws and regulations, including regulation of rates; changes in taxes and tax rates; potential increases in maintenance and operating costs; uncertainties of investigations, proceedings or other types of claims and litigation; labour disputes; risks and liabilities arising from derailments; transportation of dangerous goods; timing of completion of capital and maintenance projects; currency and interest rate fluctuations; effects of changes in market conditions and discount rates on the financial position of pension plans and investments; and various events that could disrupt operations, including severe weather, droughts, floods, avalanches and earthquakes as well as security threats and governmental response to them, and technological changes.  The foregoing list of factors is not exhaustive.

These and other factors are detailed from time to time in reports filed by CP with securities regulators in Canada and the United States. Reference should be made to "Item 1A – Risk Factors" and "Item 7 – Management's Discussion and Analysis of Financial Condition and Results of Operations – Forward-Looking Information" in CP's annual and interim reports on Form 10-K and 10-Q. Readers are cautioned not to place undue reliance on forward-looking information. Forward-looking information is based on current expectations, estimates and projections and it is possible that predictions, forecasts, projections, and other forms of forward-looking information will not be achieved by CP. Except as required by law, CP undertakes no obligation to update publicly or otherwise revise any forward-looking information, whether as a result of new information, future events or otherwise.

Rule 425 Disclosure and Termination of Solicitation
This announcement is neither an offer to purchase or exchange nor a solicitation of an offer to sell securities. On March 29, 2016, CP filed its definitive proxy statement (the "CP Definitive Proxy") with the SEC in respect of Norfolk Southern Corporation's 2016 Annual Meeting of Shareholders (the "NS Annual Meeting").  At this time, CP does not intend to solicit proxies for any proposals at the NS Annual Meeting and does not intend to submit any proxies previously furnished to the persons identified in the CP Definitive Proxy at the NS Annual Meeting.  CP requests that Norfolk Southern shareholders discard the previously distributed green proxy cards and refrain from submitting proxies to the persons identified in the CP Definitive Proxy in respect of the NS Annual Meeting.  Investors and security holders may obtain a free copy of the disclosure documents (when they are available) and other documents filed by CP with the SEC at the SEC's website at www.sec.gov. The disclosure documents and these other documents may also be obtained for free from CP at http://www.cpr.ca/en/investors or by directing a request to Canadian Pacific Railway Limited, 7550 Ogden Dale Road S.E., Calgary, Alberta, Canada, T2C 4X9, Attention: Office of the Corporate Secretary.

CP and its directors, executive officers and other employees may be deemed to be participants in any solicitation of CP or NS shareholders in connection with the previously proposed transaction. Information about CP's executive officers and directors is available in CP's Annual Report on Form 10-K for the year ended December 31, 2015, which was filed with the SEC on February 29, 2016.
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

Tuesday, April 5, 2016

Kuehne + Nagel Group Announcement

Bob Mihok named President North America

Jersey City, NJ., USA, April 04, 2016 - Kuehne + Nagel, one of the world’s leading logistics providers, has appointed Bob Mihok as President of its North American region, effective April 1, 2016. He succeeds John Hextall, who steps down at his own request, and who will remain with the company until June 30, 2016 to ensure a smooth transition.

Bob Mihok will be responsible for the company’s Seafreight, Airfreight, Overland, Contract Logistics, and Integrated Logistics operations in the North American Region comprising the United States, Canada and Mexico. He will work from the regional headquarters in Jersey City, New Jersey.

Dr. Detlef Trefzger, CEO of Kuehne + Nagel International AG, said: "North America is an important growth market for Kuehne + Nagel. With his comprehensive experience in end-to end supply chain solutions and his global perspective, Bob Mihok will leverage our investments made in 2015 and substantially improve our market position. I am confident that his strong focus on customer service and his enthusiasm for logistics will bring both value and a competitive advantage to our customers.”

Kuehne + Nagel Inc.

Bob Mihok began his career with Kuehne + Nagel in Basel, Switzerland in 1982. After assuming tasks in the United States and Italy for several years, in 1995, he was appointed Deputy Head of Seafreight of Kuehne + Nagel Asia Pacific.  In 1998, Bob Mihok took over as National Manager of Kuehne + Nagel Indonesia, and in 2001, he became the Regional CEO of the company’s South American organization. Since April 2008, Bob Mihok led the company’s Eastern Europe organization.

About Kuehne + Nagel

With over 67,000 employees at more than 1,200 locations in over 100 countries, the Kuehne + Nagel Group is one of the world's leading logistics companies. Its strong market position lies in the seafreight, airfreight, contract logistics and overland businesses, with a clear focus on providing IT-based integrated logistics solutions. Further information can be found at www.kuehne-nagel.com