Calgary Alberta - Today, Fastfrate Group is pleased to announce it has renewed and enhanced its
long-term agreement with Canadian Pacific Kansas City (CPKC).
This new five-year agreement features operational enhancements, infrastructure investments, and continental service
expansion.
This agreement solidifies and expands Canada Drayage Inc. (CDI) (a Fastfrate Group company) as the largest
coast-to-coast drayage provider in Canada.
As part of this announcement, CDI will become the largest drayage provider in North America for CPKC.
Fastfrate Group and CPKC will invest in the latest gate technology which will grant CDI immediate access through
Fastfrate private entrances in CPKC facilities in both Toronto and Montreal.
Fastfrate Group will also dedicate 15 acres of prime property and invest $10 million in preparation to create a
container yard next to CPKC's Toronto intermodal facility and a pre-pull yard for CPKC's domestic and international
container line customers.
Both will streamline operations and improve fluidity for domestic and international shippers.
As part of this agreement, Fastfrate Group will market CPKC's full load service on a direct rail line between Canada
and Mexico, and their industry leading Intermodal LTL service from all points in Canada as well as the Midwest U.S. to
Texas, Mexico, and all points in between.
With an investment of 200 containers in 2023 and an additional 200 in 2024, Fastfrate will immediately deploy 100
containers on CPKC's Mexico Midwest Express service to meet the growing demand for Mexico.
This new agreement will bring benefits to the Fastfrate Group stable of companies well beyond CDI and the LTL
business.
Fastfrate's most recent acquisition, Challenger Motor Freight, will benefit from an enhanced suite of services it can
offer its largest customer segment, just in time automotive parts.
As one of CPKC's largest and longest standing customers, and as the only co-located shipper to CPKC in both Toronto
and Montreal, the Fastfrate Group is uniquely positioned to take advantage of the new transnational reach that only
the CPKC network can offer.
Author unknown.
(likely no image with original article)
(usually because it's been seen before)
provisions in Section 29 of the
Canadian Copyright Modernization Act.