March 28, 2013 | Accident, CP, Headlines
(Source: Bloomberg, March 28, 2013) PARKERS PRAIRIE, Minn. — A Canadian Pacific Railway Ltd. (CP) train carrying crude oil derailed in west-central Minnesota, spilling between 20,000 and 30,000 gallons, the Minnesota Pollution Control Agency said. The train derailed...
March 26, 2013 | CP, Headlines, War on Workers
(Source: CBC, March 22, 2013) OTTAWA — The new head of Canadian Pacific railway received a compensation package totaling more than $49 million during his first six months on the job, most of it to make up for pension and other payments that his previous employer...
March 7, 2013 | CP, Headlines
(Source: Bloomberg, March 6, 2013) NEW YORK — Canadian Pacific Railway Ltd. (CP), the least efficient North American large railroad, is ahead of its plan to eliminate more than one-fifth of its workforce, Chief Executive Officer Hunter Harrison said. The company...
March 7, 2013 | CP, Headlines
(Source: Globe and Mail, March 6, 2013) TORONTO — Canadian Pacific Railway Ltd. anticipates that its business in shipping crude oil by rail could grow two to three times by 2016, regardless of whether the Keystone XL pipeline is approved. Full story: Globe and...
February 25, 2013 | CP, Headlines
(Source: Canadian Pacific Railway press release, February 22, 2013) CALGARY, Alberta — The Board of Directors of Canadian Pacific Railway Limited today declared a quarterly dividend of thirty-five cents ($0.35) Canadian per share on the outstanding Common Shares. The...
February 25, 2013 | CP, Headlines
(Source: Calgary Herald, February 22, 2013) CALGARY, Alberta — Calgary-based Canadian Pacific Railway will move all of its employees from its downtown headquarters at Gulf Canada Square to a new building at the company’s Ogden Yard in southeast Calgary by the end of...
February 5, 2013 | CN, CP, Headlines
(Source: Financial Post, February 4, 2013) OTTAWA — Canadian Pacific Railway Ltd.’s decision to hire away a top Canadian National Railway Co. executive came with the hefty price in the form of an agreement not to hire roughly 60 of its rivals’ top marketing and...
February 4, 2013 | CN, CP, Headlines
(Source: Financial Post, February 4, 2013) OTTAWA — Canadian Pacific Railway Ltd. said Monday it managed to persuade Keith Creel to leave rival Canadian National Railway Co. to become its new president and chief operating officer. Full story: Financial...
January 31, 2013 | CP, Headlines
(Source: Seeking Alpha, January 29, 2013) NEW YORK — A transcript of Canadian Pacific Railway managers discussing the railroad’s 2012 fourth quarter financial results is available on the Seeking Alpha website. Full story: Seeking Alpha
January 30, 2013 | CP, Headlines
(Source: Bloomberg, January 30, 2013) MONTREAL — Canadian Pacific Railway Ltd. (CP) Chief Executive Officer Hunter Harrison, who was lured from retirement as the head of Canadian National Railway Co. (CNR), is poised to a hire a deputy to implement his turnaround...
