January 29, 2013 | CP, Headlines
(Source: National Post, January 29, 2013) OTTAWA — Canadian Pacific Railway Ltd. reported a dramatic drop in its fourth quarter earnings Tuesday with several one-time charges related to its ongoing restructuring dragging it down. CP reported net income $15-million, or...
January 29, 2013 | CP, Headlines
(Source: Canadian Pacific Railway press release, January 29, 2013) CALGARY, Alberta — Canadian Pacific Railway Limited announced its fourth-quarter 2012 results today. CP’s diluted earnings per share, excluding significant items comprised of labour restructuring and...
January 16, 2013 | CP, Headlines
(Source: Leader-Post, January 14, 2013) REGINA — The Canadian Pacific Railway said Monday that its new Regina intermodal freight facility has started operations. Located in the Global Transportation Hub (GTH) area on the city’s western edge, it’s been under...
January 8, 2013 | CP, Headlines
(Source: Canadian Pacific Railway press release, January 7, 2013) CALGARY, Alberta — Canadian Pacific will release its fourth-quarter financial and operating results at 7:30 a.m. Eastern time (5:30 a.m. Mountain time) on Tuesday, January 29, 2013. CP will discuss its...
January 2, 2013 | Canada, CP, Headlines
(Source: Edmonton Journal, January 1, 2013) EDMONTON, Alberta — Alison Redford’s cabinet is expected to decide in January whether the government will spend $10 million to study the idea of building a rail line to ship oilsands products from northern Alberta to a port...
December 17, 2012 | CP, Headlines
(Source: Minot Daily News, December 17, 2012) MINOT, N.D. — A sizable crowd turned out to enjoy Canadian Pacific Railway’s Holiday Train on Sunday evening as it passed through downtown Minot. Full story: Minot Daily News
December 13, 2012 | CN, CP, Headlines
(Source: Financial Post, December 11, 2012) OTTAWA — Canada’s largest railways said new legislations tabled in Parliament Tuesday aimed at improving the quality of service they provide their customers was unnecessary, including the threat of hefty fines if they fail...
December 13, 2012 | Canada, CP, Headlines
(Source: Canadian Press, December 11, 2012) CALGARY, Alberta — Canadian Pacific Railway Ltd. and Teamsters Canada have reached a new five-year labour agreement covering 2,600 workers. The union says the tentative deal includes three per cent annual wage increases, a...
December 10, 2012 | CP, Headlines
(Source: Globe and Mail, December 7, 2012) TORONTO — It has been 16 months since Hunter Harrison, the crusty, Memphis-born railway legend hauled himself to a New York museum he can’t remember for a business lunch he’ll never forget. Full story: Globe and...
December 6, 2012 | CP, Headlines, War on Workers
(Source: Reuters Canada, December 5, 2012) TORONTO — Shares of Canadian Pacific Railway touched an all-time high on Wednesday as the railroad detailed a turnaround plan that includes sweeping job cuts which could save about C$500 million ($503 million) over the next...