October 23, 2013 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, October 23, 2013) CALGARY, Alberta — Canadian Pacific Railway Limited today announced record quarterly earnings and its lowest operating ratio in company history. Adjusted EPS of $1.88 grew 45 per cent over...
October 9, 2013 | CP, Headlines
(Source: Canadian Press, September 18, 2013) CALGARY — Canada’s two large railways anticipate substantial growth in the transportation of crude oil in coming years, but the CEO of Canadian Pacific Railway has accused the country’s petroleum, chemical and commodity...
October 8, 2013 | CN, CP, Headlines
(Source: Globe and Mail, October 7, 2013) TORONTO — Canadian Pacific Railway Ltd.’s turnaround may be on track with its high-profile executive in the driver’s seat, but some investors prefer rival Canadian National Railway Co. instead. CN has more solid growth...
September 26, 2013 | CP, Headlines, Short Line
(Source: Associated Press, September 25, 2013) PIERRE, S.D. — The U.S. Secretary of Agriculture is backing South Dakota in the state’s effort to make sure the owner of the old Dakota, Minnesota & Eastern Railroad has fulfilled its promises to upgrade the line...
September 20, 2013 | CP, Headlines
(Source: Calgary Herald, September 19, 2013) CALGARY — Canadian Pacific Railway has given notice that it will close its locomotive reliability centre at Alyth yard in Calgary in the coming months. The move, announced Thursday, will result in the elimination of 130...
September 18, 2013 | Canada, CP, Headlines
(Source: Canadian Press, September 17, 2013) TORONTO — A push by municipal leaders to know more about hazardous rail cargo rattling through their communities is raising security concerns in the federal government. A string of derailments in recent months has the...
September 18, 2013 | Canada, CP, Headlines
(Source: Globe and Mail, September 18, 2013) TORONTO — Canadian Pacific Railway Ltd. CEO Hunter Harrison warned that a catastrophic derailment like the one that leveled the centre of Lac-Mégantic could happen again if regulators don’t impose tougher safety rules for...
September 17, 2013 | CP, Headlines
(Source: Financial Post, September 17, 2013) OTTAWA — Two major international shipping contracts currently up for renewal at Canadian Pacific Railway Ltd.’s will be a good litmus test for the revenue growth potential for the railway in the coming years, one analysts...
September 17, 2013 | CP, Headlines
(Source: Associated Press, September 16, 2013) RAPID CITY, S.D. — Canadian Pacific Railway hasn’t spent a promised $472 million to improve a rail system that includes the only direct east-west line that serves western South Dakota, state officials say. Full story: The...
September 13, 2013 | CP, Headlines
(Source: Calgary Herald, September 13, 2013) CALGARY — Calgary’s mayor is again demanding answers from Canadian Pacific Railway after eight rail cars full of oil chemicals derailed at a train yard in the city, forcing the closure of major road and the evacuation of...
