October 29, 2020 | CP, Headlines, Unions
(Source: Clinton Herald, October 28, 2020) CLINTON, Iowa — Union workers picketed Canadian Pacific Railway in Clinton on Tuesday, saying that CP refuses to abide by an arbiter’s decision in a wage dispute. Full story: Clinton Herald
October 28, 2020 | CN, CP, Headlines
(Source: National Observer, October 28, 2020) TORONTO — Transport Canada did not follow up on a number of violations made by companies transporting dangerous items like crude oil, according to the latest audit by Canada’s federal environment commissioner. Full story:...
October 28, 2020 | CP, Headlines
(Source: CBC, October 24, 2020) CALGARY — Transport Canada has concluded CP Rail failed to properly identify safety hazards in the B.C. mountains following a workplace fatality investigation into a train derailment which killed three workers, CBC News has learned....
October 27, 2020 | CP, Headlines
(Source: Calgary Herald, October 24, 2020) CALGARY — Canadian Pacific Railway violated labor law by neglecting to identify hazards that led to a 2019 derailment that killed three crew members near Field, B.C., says Ottawa. Full story: Calgary...
October 21, 2020 | CP, Headlines, Quarterly Income
(Source: Canadian Press, October 20, 2020) CALGARY — Canadian Pacific Railway Ltd. says it earned $598 million in its latest quarter, down from $618 million in the same quarter last year. Full story: BNN Bloomberg
October 20, 2020 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, October 20, 2020) CALGARY — Canadian Pacific Railway Limited today announced third-quarter revenues of $1.86 billion, diluted earnings per share (“EPS”) of $4.41, adjusted diluted EPS of $4.12 and an...
October 20, 2020 | CP, Headlines, Quarterly Income
(Source: Reuters, October 20, 2020) NEW YORK — Canadian Pacific Railway Ltd posted a 3.2% fall in third-quarter profit on Tuesday, hurt by lower freight volumes during the COVID-19 pandemic. Full story: Reuters
October 16, 2020 | CP, Headlines
(Source: Canadian Pacific Railway press release, October 16, 2020) CALGARY — Canadian Pacific and OMERS, the defined benefit pension plan for municipal employees in the province of Ontario, announced today they have entered into a purchase agreement whereby CP will...
October 6, 2020 | CN, CP, Headlines
(Source: Canadian Press, October 2, 2020) MONTREAL — Canada’s two main railways notched another record-setting quarter for grain shipments, benefiting from strong global demand, a bumper crop, efficient cars and more capacity due to smaller hauls of other...
October 6, 2020 | CN, CP, Headlines
(Source: Freight Waves, October 5, 2020) CHATTANOOGA, Tenn. — Uncertainties surrounding the coronavirus pandemic could provide an additional layer of challenge as Canadian railways CN and Canadian Pacific conduct their operations this winter. The Canadian government’s...