CALGARY, Oct. 10 /PRNewswire-FirstCall/ - Canadian Pacific Railway (TSX/NYSE: CP) has been awarded the "Rail Origin of the Year" award by American Honda Motor Co. The award recognizes the railway's excellent performance in four key areas; on-time performance, damage prevention, equipment supply and equipment placement and pre-tripping. "Canadian Pacific Railway was the first North American Class 1 railroad to achieve Honda's Performance Excellence last year. We now have a new program and criteria for measuring Performance Excellence, and once again we see that CPR has risen to the challenge and captured the 'Rail Origin of the Year' award for 2006," said Dave Haney, AVP Auto Distribution and Logistics for American Honda. "Congratulations to CPR and their team for once again meeting the challenge of Performance Excellence for Honda." "This award from American Honda reflects our commitment to a collaborative approach and in developing and implementing service programs that contribute to our customers' success," said Ray Foot, CPR's Vice President, Merchandise. "The results are a product of a strong dedication and focus on delivering value through our company's integrated operating plan." Canadian Pacific Railway has worked with American Honda for more than 20 years and provides transportation for its finished vehicles from Canada to locations across North America. Foot added, "we value our relationship with American Honda and we're proud our integrated team continues to find innovative ways to deliver them a valued rail service." About Canadian Pacific Railway Canadian Pacific Railway is a transcontinental carrier operating in Canada and the U.S. Its 13,500-mile rail network serves the principal centres of Canada, from Montreal to Vancouver, and the U.S. Northeast and Midwest regions. CPR feeds directly into America's heartland from the East and West coasts. Alliances with other carriers extend its market reach throughout the U.S. and into Mexico. Canadian Pacific Logistics Solutions provides logistics and supply chain expertise worldwide. Canadian Pacific Railway is marking its 125th anniversary in 2006. For more information, visit CPR's website at www.cpr.ca.
SOURCE Canadian Pacific Railway