July 29, 2022 | CN, CP, CP-KCS Merger, Headlines, PSR, Quarterly Income
(Source: Freight Waves, July 28, 2022) Deploying precision scheduled railroading (PSR) is an art and a process, and the operational model shouldn’t be blamed for poor rail service, Canadian Pacific President and CEO Keith Creel told investors during a second-quarter...
July 28, 2022 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, July 28, 2022) CALGARY — Canadian Pacific Railway Limited today announced its second-quarter 2022 results, including revenues of $2.20 billion, reported operating ratio (“OR”) of 60.6 percent, adjusted...
July 27, 2022 | Canada, CP, Fatality, Headlines, Railroad Safety, Transport Canada
(Source: Progressive Railroading, July 26, 2022) Transport Canada yesterday announced the launch of new rail safety measures that align with the Transportation Safety Board of Canada’s (TSB) recommendations issued in response to the 2019 derailment of a Canadian...
July 20, 2022 | CP, CP-KCS Merger, Headlines, KCS, STB
(Source: Trains Magazine, July 15, 2022) WASHINGTON, D.C. — Canadian Pacific and Kansas City Southern — responding to critics, skeptics, and opponents — told federal regulators this week that their proposed merger is in the public interest and should be approved. Full...
July 8, 2022 | CP, CP-KCS Merger, Headlines
(Source: Television station WQAD, July 7, 2022) BETTENDORF, Iowa — During its Tuesday, July 5 meeting, the Bettendorf City Council voted to approve the merger of Canadian Pacific and Kansas City Southern railroad companies. As a result of the merger, freight train...
July 8, 2022 | Canada, CN, CP, Headlines, Transport Canada
(Source: Transport Canada press release, July 5, 2022) OTTAWA — The Government of Canada is taking action to further improve the safety and security of Canada’s rail system, especially in light of the impacts of climate change and severe weather on railway operations....
June 20, 2022 | Contract Agreement, CP, News
INDEPENDENCE, Ohio, June 20 — By a nearly 5-to-1 ratio, members of the Brotherhood of Locomotive Engineers and Trainmen (BLET) ratified a new on-property agreement with the Dakota, Minnesota and Eastern Railroad (DM&E) on June 13, 2022. The agreement provides...
June 9, 2022 | CP, CP-KCS Merger, Headlines, KCS, Mexico
(Source: Trains Magazine, June 8, 2022) Canadian Pacific and Kansas City Southern want to haul produce grown in Mexico to destinations in the Midwest and Canada. Full story: Trains Magazine
June 1, 2022 | Canada, CP, Headlines, Ports
(Source: Canadian Pacific Railway press release, May 31, 2022) CALGARY — Canadian Pacific today announced a new multi-year agreement with CMA CGM Group, a world leader in shipping and logistics. CP will become CMA CGM’s primary rail provider in Canada, servicing...
May 25, 2022 | CP, Derailment, Headlines
(Source: CTV News, May 22, 2022) Clean-up is underway after 43 CP Rail train cars carrying potash left the track Sunday morning east of Fort Macleod, Alta. No injuries were reported. Full story: www.ctv.ca
