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CP Rail’s strong results bring analysts aboard

(The following story by Eric Lam appeared on the Financial Post website on April 29, 2010.) OTTAWA — Strong first-quarter results this week from Canada’s two biggest railways, Canadian National Railway Co. and Canadian Pacific Railway Ltd., have analysts excited...

Canadian Pacific announces first-quarter 2010 results

(The Canadian Pacific Railway issued the following on April 28, 2010.) CALGARY, Alberta — Canadian Pacific Railway Limited (TSX/NYSE: CP) announced its first-quarter results today. Net income in the first-quarter was $100 million, an increase of 74 per cent from $57...

Canadian Pacific profit surges 74 percent

(The following story by Thomas L. Gallagher appeared on The Journal of Commerce website on April 28, 2010.) WASHINGTON, D.C. — Canadian Pacific Railway boosted profit 74 percent in the first quarter as an improved economy sparked higher revenue and lower expenses. Net...

Ed Harris named CP Rail’s new operations chief

(The following appeared on the Financial Post website on April 27, 2010.) OTTAWA — Canadian Pacific Railway Ltd. has appointed a new operations chief, giving the job to veteran CN Rail executive Ed Harris. Mr. Harris has been working continuously in the railway...

In Canada, railway police stepping up patrols

(The following appeared on the Calgary Herald website on April 26, 2010.) CALGARY — Canadian Pacific police officers are stepping up enforcement this week, taking part in blitzes at railway crossings and running anti-trespassing patrols around rail operations across...

Ex-DM&E chief: Railroad owes him $4 million more

(The following story by John Hult appeared on the Sioux Fallss Argus Leader website on April 19, 2010.) SIOUX FALLS, S.D. — The Sioux Falls man who lost his job as a railroad boss to a corporate merger is locked in a bitter dispute over his severance package. A...

CP Rail reaches tentative deal with TCRC track workers

(Reuters circulated the following on April 11, 2010.) TORONTO — Canadian Pacific Railway Co. has reached a tentative labor deal with track maintenance workers represented by the Teamsters Canada Rail Conference. In a Saturday evening statement, CP said the three-year...

CP announces new agreement for westbound coal

(Canadian Pacific Railway issued the following on April 1, 2010.) CALGARY — Canadian Pacific Railway Limited today announced it has reached a one-year agreement with Teck Coal Ltd. (Teck) for the transportation of metallurgical coal from their CP served mines in...