March 8, 2011 | CP, Headlines
(The following appeared on the Financial Post website on March 8, 2011.) OTTAWA — A series of headwinds that have dragged on shares of Canadian Pacific have also created a buying opportunity for investors, according to Steve Hansen, Raymond James analyst. Shares in...
March 3, 2011 | CP, Headlines
(Reuters circulated the following on March 2, 2011.) VANCOUVER — Canadian Pacific Railway’s executive vice president of operations, Ed Harris, a veteran of the industry, will retire just a year after joining the carrier, the company said on Wednesday. Harris...
February 25, 2011 | Canada, CP, Headlines
(The Canadian Press circulated the following on February 25, 2011.) TORONTO – A union representing more than 2,000 employees at Canadian Pacific Railway says workers have overwhelmingly approved a new labor agreement. The Canadian Auto Workers union says 82 per...
February 23, 2011 | CP, Headlines
(The following appeared on the Vancouver Sun website on February 22, 2011.) VANCOUVER, B.C. — Canadian Pacific and Port Metro Vancouver announced on February 22 a collaboration agreement intended to accelerate the movement of cargo through Canada’s largest...
February 18, 2011 | CN, CP, Headlines
(The following appeared on the Globe and Mail website on February 18, 2011.) TORONTO — In the battle of the railroads, there’s been a clear victor so far this year in shareholder returns. Canadian National Railway stock has gained nearly 7 per cent year-to-date, while...
February 8, 2011 | CN, CP, Headlines
Canada’s two major railroad companies have begun making regular shipments of oil, in a move that changes how Canadian crude moves to market – and opens the door to new destinations for energy exports, including Asia. Although pipelines continue to carry the...
February 7, 2011 | Canada, CP, Headlines
Canadian Pacific Railway avoided strike action by reaching a tentative deal with the Canadian Auto Workers Union after months of negotiations. Both sides reached a deal just before midnight Friday (February 4) that is expected to be ratified by the union in about...
January 27, 2011 | CP, Headlines
(The Canadian Pacific Railway issued the following on January 26, 2011.) CALGARY, Alberta — Canadian Pacific Railway Limited announced its fourth-quarter and full-year 2010 results today. Revenue in the fourth-quarter increased 13 per cent with gains across all lines...
January 19, 2011 | CP, Headlines
(Ian MacKay, Canadian Pacific Railway Vice President, Customer Services & Intermodal Operations, issued the following service bulletin on January 18.) A Service Alert remains in effect from Calgary to Kamloops following the record snowfall, avalanches, snow...
January 18, 2011 | CP, Headlines
(Ian MacKay, Vice President, Customer Services & Intermodal Operations at Canadian Pacific Railway, issued the following service bulletin on January 17.) Due to the record snowfall, avalanches, snow control activities, and hazardous winter road conditions that...