|  Clifton Linton

CP Rail Raises Tariff Rates 10% Effective March 16

CP Rail told customers today that it was raising tariff rates 10%, effective March 16, 2018. The new rates will cover most products including: chemicals; gas, lube & oil; and plastics.

Tariff rates are officially published prices for handling shipments. Most LPG shipments move under privately negotiated contracts. Railroad executives said in their January quarterly earnings call that they expect to raise shipping rates this year.
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