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CP reports Q2 2022 financial results

(Source: Canadian Pacific Railway press release, July 28, 2022) CALGARY — Canadian Pacific Railway Limited today announced its second-quarter 2022 results, including revenues of $2.20 billion, reported operating ratio (“OR”) of 60.6 percent, adjusted...

Bettendorf City Council OKs CP-KCS merger

(Source: Television station WQAD, July 7, 2022) BETTENDORF, Iowa — During its Tuesday, July 5 meeting, the Bettendorf City Council voted to approve the merger of Canadian Pacific and Kansas City Southern railroad companies. As a result of the merger, freight train...

CP announces multi-year agreement with CMA

(Source: Canadian Pacific Railway press release, May 31, 2022) CALGARY — Canadian Pacific today announced a new multi-year agreement with CMA CGM Group, a world leader in shipping and logistics. CP will become CMA CGM’s primary rail provider in Canada, servicing...