FRA Certification Helpline: (216) 694-0240

CP Rail gauging interest in railroad track in four states

(Source: Associated Press, December 4, 2012) SIOUX FALLS, S.D. — Canadian Pacific Railway is looking into the possibility of selling 660 miles of track in South Dakota and three surrounding states, the railroad said Tuesday. Full story: Bloomberg...

Canadian Pacific Railway to eliminate 4,500 jobs by 2016

(Source: Associated Press, December 5, 2012) TORONTO — Canadian Pacific Railway will eliminate some 4,500 employee and contractor positions by 2016, the new chief executive of Canada’s second largest railway announced Tuesday. Full story: ABC...

CP Railway plans Calgary headquarters move to cut costs

(Source: Reuters, November 23, 2012) CALGARY, Alberta — Canadian Pacific Railway is planning to relocate much of its head office from downtown Calgary, union officials and a source close to the company said, under a restructuring plan that its new chief executive will...

Railroad stocks mixed at close of November 6 trading

(Source: Associated Press, November 6, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on November 6, including CP Rail, which rose 0.2 percent, and CN Rail, which fell 0.1 percent. Full story: CBS News

CN Rail, CP Rail surgin with crude oil moving by trains

(Source: Bloomberg News, November 6, 2012) MONTREAL — Canadian National Railway Co.and Canadian Pacific Railway Ltd. are rushing to build terminals to load oil beyond the reach of pipelines in some of North America’s remotest regions. Full story: Bloomberg Business...

Canadian Pacific announces improved 3Q 2012 results

(Source: Canadian Pacific Railway press release, October 24, 2012) CALGARY, Alberta — Canadian Pacific Railway Limited today announced its third-quarter 2012 results with reported net income of $224 million, an increase of $37 million, or 20 percent and diluted...

Railroad stocks mixed at close of October 25 trading

(Source: Associated Press, October 25, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on October 25, including Canadian National, which rose 0.1 percent, and Canadian Pacific, which fell 1.1 percent. Full story: CBS...