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Canadian Pacific capital projects for 2011

(The Canadian Pacific Railway issued the following press release on January 12, 2011.) CALGARY, Alberta — On January 12, Canadian Pacific Railway Limited announced plans to invest between $950 million and $1.05 billion for capital projects in 2011. “CP is...

SD farmers to benefit from new BNSF-CP Rail shipping plan

(The Associated Press circulated the following on October 11, 2010.) PIERRE, S.D. — Farmers in central South Dakota could get more money for their corn and soybeans by taking advantage of a new railroad partnership to send their crops west to Seattle, where prices are...

CP Rail sets 10-year coal deal with major coal shipper

(The following story by John D. Boyd appeared on The Journal of Commerce website on October 7, 2010.) WASHINGTON, D.C. — Canadian Pacific Railway and Teck Resources, its largest coal shipper, agreed to terms on a 10-year deal for CP to carry Teck’s metallurgical coal...

CP Rail ‘enthusiastic’ about new Teck deal

(The following story by Scott Deveau appeared on the Financial Post website on October 7, 2010.) The 10-year deal signed between Canadian Pacific Railway Ltd. and Teck Resources late Wednesday bodes well for the country’s second largest railway, said Walter Spracklin,...

RailAmerica inks new deal with Canadian Pacific

(The following story by Divya Sharma appeared on the Reuters Canada website on October 4, 2010.) BANGALORE (Reuters) — Short-line railroad operator RailAmerica Inc RA.N said its unit RaiLink Canada signed a five-year deal with Canadian Pacific Railway (CP.TO: Quote)...

Man hurt in ATV, train collision

(The following story by Sherry Long appeared on The Times Leader website on October 1, 2010.) The Saturday afternoon crash took place on railroad company property, a spokeswoman says. PLAINS TWP. – A Wilkes-Barre man suffered non-life threatening injuries when an...

Potash, Asia shipments boost CP Rail volumes

(Reuters circulated the following story by Nicole Mordant on September 26, 2010.) VANCOUVER — Volumes of goods moved by Canadian Pacific Railway Ltd are up 14 percent so far this year thanks to a recovery in potash exports and a “surprise” leap in...

CP Rail issues debt for benefit prepayment

(The following story by Jonathan Ratner appeared on the Financial Post website on September 21, 2010.) OTTAWA — Low interest rates may have pushed Canadian Pacific Railway Ltd. to issue US$350-million in debt. The company said it will use the proceeds from the...

Boy guilty of burning bridge

(The following story by Fiona Isaacson appeared on the Peterborough Examiner website on September 14, 2010.) Peterborough, Ontario — The boy’s defence lawyer says he didn’t intend to destroy the Edgewater Blvd. bridge but court heard that the teenager...