April 29, 2020 | CP, Headlines
(Source: Real Agriculture, April 28, 2020) LETHBRIDGE, AB — A regulation change in 2014 requiring updating and potentially upgrading some rail crossings means several Manitoba farmers are on the hook for thousands in work to be done by CP Rail. A representative for...
April 22, 2020 | CP, Headlines, Quarterly Income
(Source: Reuters, April 21, 2020) CALGARY — Canadian Pacific Railway Ltd, the country’s second largest railroad operator, posted a 5.7% fall in quarterly profit on Tuesday, and warned it expects full-year adjusted earnings to be flat compared to last year due to...
April 21, 2020 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, April 20, 2020) CALGARY — The Board of Directors of Canadian Pacific Railway Limited today declared a quarterly dividend of $0.83 per share on the outstanding Common Shares. The dividend is payable on July 27, 2020, to...
April 21, 2020 | CP, Headlines, Oil Train
(Source: CBC News, April 21, 2020) SASKATOON, Sask. — Canada’s lead railway safety investigator believes broken pieces of track were at play in two Canadian Pacific Railway oil train derailments that happened less than two months apart near the same Saskatchewan...
April 21, 2020 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, April 20, 2020) CALGARY — Canadian Pacific’s first quarter of 2020 was the best Q1 on record for Canadian grain and grain products, with more than 6.35 million metric tons (MMT) moved. The 2020 result breaks the...
April 20, 2020 | CN, CP, Headlines
(Source: Globe and Mail, April 19, 2020) TORONTO — An idled economy needs far less transportation capacity, and a massive idling of ships, trucks and airplanes is already under way. But modern countries still require fertilizers, grains and food. They still need...
April 17, 2020 | CN, CP, Headlines
(Source: Canadian Press, April 15, 2020) MONTREAL — Canada’s two main railways face a bleak year ahead as a looming recession weighs on freight volumes. Full story: www.globalnews.ca
April 6, 2020 | CP, Headlines
(Source: Toronto Sun, April 3, 2020) TORONTO — As part of the global movement to pay tribute to emergency workers on the frontlines in the ongoing battle against COVID-19, one Canadian railway is starting its own daily salute. Full story: Toronto...
April 2, 2020 | CN, CP, Headlines
(Source: Fortune, April 1, 2020) NEW YORK — It was only a matter of days after protest blockades died down, rail lines rehired employees they had laid off, and Canada’s federal government reached a tentative agreement with the Wet’suwet’en First Nation that the...
April 1, 2020 | CN, CP, Headlines
(Source: Freight Waves, March 31, 2020) CHATTANOOGA, Tenn. — The Canadian railways say they will have the network capacity available to handle an anticipated surge in volumes once the coronavirus pandemic plays out and consumer patterns shift back to normal. Full...
