March 21, 2023 | BNSF, CP, Headlines, Paid Sick Leave, Teamsters Canada, Unions
(Source: Progressive Railroading, March 20, 2023) BNSF Railway Co. and the International Brotherhood of Boilermakers have reached an agreement calling for the union’s members to receive an additional four paid days off to use as sick days and gain the ability to...
March 10, 2023 | Contract Agreement, CP, News, Top News
INDEPENDENCE, Ohio, March 10 — Members of the Brotherhood of Locomotive Engineers and Trainmen (BLET) today ratified a new five-year agreement with the CP Rail/Soo Line Railroad. Similar to the 2022 National Agreement, the new contract provides 22% General Wage...
February 9, 2023 | CP, News, Tentative Contract
INDEPENDENCE, Ohio, February 9 — The Brotherhood of Locomotive Engineers and Trainmen (BLET) has reached a tentative contract agreement with the CP Rail/SOO Line Railroad. Ballots were mailed today, February 9, to all active members of the BLET employed by the SOO...
February 6, 2023 | CP, Headlines
(Source: Canadian Pacific Railway press release, February 2, 2023) CALGARY — Canadian Pacific moved 2.29 million metric tonnes (MMT) of Canadian grain and grain products in January 2023, setting a new record for the month. CP has moved more than 15 MMT of Canadian...
February 1, 2023 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, January 31, 2023) CALGARY — Canadian Pacific Railway Limited today announced its fourth-quarter results, including revenues of $2.46 billion, operating ratio (“OR”) of 59.8 percent, adjusted OR1 of 59.1...
February 1, 2023 | CP, CP-KCS Merger, Headlines, Quarterly Income
(Source: Canadian Press, January 31, 2023) In a conference call to discuss fourth-quarter financial results, CP’s CEO Keith Creel said the Calgary-headquartered railway is in growth mode as it awaits a decision by the U.S. Surface Transportation Board. During...
January 18, 2023 | Canada, CP, Headlines, Unions
(Source: Unifor press release, January 13, 2023) VANCOUVER, B.C. — Unifor Local 101R has reached a tentative agreement with Canadian Pacific Railway (CP), covering 1,200 workers at 18 locations from British Columbia to Quebec. “These are hard working members who...
January 6, 2023 | CP, Headlines, UP
(Source: Trains Magazine, January 5, 2023) Union Pacific and Canadian Pacific were the only major Class I railroads to show volume growth in 2022. UP took the crown among the top six systems, with its overall traffic up 2%. The increase was driven by a 5% gain in...
November 16, 2022 | CP, Headlines, Technology
(Source: Trains Magazine, November 15, 2022) Canadian Pacific’s experimental hydrogen-powered locomotive made its maiden revenue run last month in Calgary, Alberta, taking the first step in determining whether the technology could one day replace diesel-electric...
November 3, 2022 | Canada, CN, CP, Headlines
(Source: Trains Magazine, November 3, 2022) Canadian National set a single-month record for movement of Western Canadian grain in October, the company said, moving more than 3.23 million metric tons. Canadian Pacific also set a grain-movement record for the month, the...
