October 24, 2019 | CP, Headlines, Quarterly Income
(Source: Reuters, October 23, 2019) NEW YORK — Canadian Pacific Railway Ltd beat analysts’ estimates for quarterly profit on Wednesday, driven by lower fuel expenses and higher shipments of coal, crude and fertilizers. Full story: Reuters
October 24, 2019 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, October 23, 2019) CALGARY — Canadian Pacific Railway Limited today announced record third-quarter revenues of $1.98 billion, and reported diluted earnings per share (EPS) of $4.46, or $4.61 on an adjusted diluted EPS...
October 17, 2019 | CP, Headlines
(Source: Canadian Pacific Railway press release, October 16, 2019) CALGARY, Alberta — Canadian Pacific (CP) is proud to announce the performer lineup and schedule for the 2019 CP Holiday Train program. Entering its 21st year, the CP Holiday Train uses music and...
September 27, 2019 | CN, CP, Headlines
(Source: Freight Waves, September 25, 2019) CHATTANOOGA, Tenn. — Canadian class I railroads were on hand to discuss the outlook for the industry in separate presentations at the CIBC 18th Annual Eastern Institutional Investor Conference held in Montreal. CIBC is a...
September 26, 2019 | Canada, CP, Headlines
(Source: Canadian Press, September 25, 2019) TORONTO and EDMONTON – A delayed grain crop is causing headaches for railways, elevator operators and farmers following a dry spring and wet summer. Grain carloads at the two major Canadian rail companies are down 11...
September 10, 2019 | CP, Headlines, STB
(Source: Progressive Railroading, September 9, 2019) The Surface Transportation Board (STB) announced last week that the Class Is that achieved “revenue adequacy” in 2018 were CSX, Canadian Pacific’s Soo Line Corp. and Union Pacific Railroad. A...
August 14, 2019 | Amtrak, CP, Headlines
(Source: Wisbusiness, August 14, 2019) MILWAUKEE, Wisc. — Plans to expand Amtrak’s Milwaukee-to-Chicago train service are facing opposition from the freight railroad that owns the tracks. In a letter to the Wisconsin Department of Transportation, Canadian Pacific...
August 5, 2019 | CP, Headlines
(Source: CTV News Calgary, August 3, 2019) IRVINE, Alberta — A number of CP train cars derailed near the hamlet of Irvine on Friday afternoon and an evacuation order that was issued for a seven kilometer radius around the area has been lifted. Full story: CTV News...
August 5, 2019 | CP, Headlines
(Source: Troy Media, August 2, 2019) CALGARY — Canadian Pacific Railway moved more Canadian grain and grain products during the 2018-2019 crop year than any year in its history. Full story: Troy Media
July 18, 2019 | CP, Headlines, Quarterly Income
(Source: Canadian Press, July 16, 2019) CALGARY — Canadian Pacific Railway Ltd. announced record second-quarter revenues of nearly $2 billion Tuesday, driven by grain, international container traffic and energy, chemicals and plastics to beat analysts’...
