April 24, 2019 | CP, Headlines, Quarterly Income
(Source: Canadian Press, April 23, 2019) CALGARY, Alberta — The head of Canadian Pacific Railway Ltd. says heavy snowfall and frigid temperatures cooled the company’s quarterly results, resulting in lower tonnage numbers despite a boost in profits thanks in part...
April 24, 2019 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, April 23, 2019) CALGARY — Canadian Pacific Railway Limited today announced first-quarter revenues of $1.77 billion and reported diluted earnings per share (EPS) of $3.09, or $2.79 on an adjusted diluted EPS basis....
April 3, 2019 | CN, CP, Headlines
(Source: Freight Waves, April 2, 2019) CHATTANOOGA, Tenn. — The Canadian Transportation Agency (CTA) is seeking public comments on amendments to regulations that govern the rail rates that Canadian National and Canadian Pacific set for hauling grain in western Canada....
March 21, 2019 | CP, Headlines
(Source: Canadian Press, March 20, 2019) CALGARY — Canadian Pacific Railway has selected the first woman to head the board of directors of the country’s second-largest railway. Isabelle Courville, 56, has been designated to replace Andrew Reardon at the...
March 14, 2019 | CP, Headlines
(Source: Calgary Herald, March 13, 2019) CALGARY — Calgary-based Canadian Pacific Railway is investing in new technology to detect problems on the rails in a bid to avoid future derailments. Full story: Calgary Herald
March 12, 2019 | CP, Headlines, Oil Train
(Source: Bow Valley Crag & Canyon, March 11, 2019) BANFF, Alberta — A section of the Bow Valley Parkway remains closed as the cleanup operation continues at the site of the train derailment in Banff National Park on February 28. Full story: Bow Valley Crag &...
March 11, 2019 | CP, Headlines
(Source: Canadian Press, March 8, 2019) Canadian Pacific Railway Ltd. says it is appealing Transport Minister Marc Garneau‘s order requiring railways to immediately use handbrakes on all trains stopped on mountain slopes following a deadly derailment in the Rocky...
March 7, 2019 | CP, Headlines
(Source: Calgary Herald, March 6, 2019) CALGARY — Three significant derailments of CP trains in three days has renewed concerns about the safety of railway workers just a month after a horrific crash outside Field, B.C., killed three employees. So grim is the mood...
March 6, 2019 | CP, Headlines, UP
(Source: Railway Age, March 4, 2019) NEW YORK — The past two decades have been a time of steady growth for Union Pacific’s only route to the Canadian border, running from Hinkle, Ore., north through Spokane, Wash., to Eastport, Idaho. Capacity improvements performed...
February 28, 2019 | CP, Headlines
(Source: Canadian Press, February 27, 2019) CALGARY — Documents show a federal investigator flagged labor code contraventions after a Canadian Pacific Railway train conductor died in a workplace accident in a Calgary rail yard last November. A written directive...
