December 5, 2012 | CP, Headlines
(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...
December 5, 2012 | CP, Headlines
(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...
November 28, 2012 | CP, Headlines
(Source: United Press International, November 27, 2012) Two Canadian Pacific freight trains decorated for Christmas set off Wednesday on trips through Canada and the United States to collect food for the needy. One of the CP “Holiday Trains” will wind...
November 26, 2012 | CP, Headlines
(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...
November 21, 2012 | CN, CP, Headlines
(Source: Reuters, November 20, 2012) MONTREAL — Canadian National Railway Co is gaining modestly from markets abandoned by smaller competitor Canadian Pacific Railway Ltd, CN’s chief marketing officer said on Tuesday. Full story: Reuters
November 12, 2012 | CP, Headlines, Unions
(Source: Canadian Pacific Railway press release, November 9, 2012) CALGARY, Alberta — Canadian Pacific and the United Steel Workers (USW), Local 1976, representing approximately 800 clerical and intermodal workers, today announced that a five-year contract has been...
November 7, 2012 | CN, CP, Headlines
(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
November 6, 2012 | CN, CP, Headlines
(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...
October 26, 2012 | CP, Headlines
(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...
October 26, 2012 | CN, CP, Headlines
(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...