February 6, 2019 | CP, Headlines, Teamsters Canada
(Source: Calgary Herald, February 5, 2019) CALGARY — The Canadian Pacific Rail train that derailed and crashed near Field, B.C., killing three crew members, accelerated out of control after its brakes released without warning, investigators with the Transportation...
February 5, 2019 | CP, Headlines, Teamsters Canada
(Source: Calgary Herald, February 4, 2019) CALGARY, Alberta — The three Canadian Pacific Rail workers killed in a train derailment near the Alberta-B.C. border on Monday have been identified as a Calgary-based crew. Conductor Dylan Paradis, engineer Andrew Dockrell...
February 1, 2019 | BNSF, CP, Headlines
(Source: Minot Daily News, February 1, 2019) MINOT, N.D. — Railroading in the winter has its challenges and this week the extreme cold presented a few more challenges for railroads serving the area. Full story: Minot Daily News
January 28, 2019 | CN, CP, Headlines
(Source: Reuters, January 25, 2019) WINNIPEG, Manitoba — Congestion at Port Metro Vancouver, Canada’s busiest port, has been resolved and rail operations are now “fluid,” Canadian National Railway Co. said on Friday. Full story: Reuters
January 24, 2019 | CP, Headlines, Quarterly Income
(Source: Canadian Press, January 23, 2019) CALGARY — Canadian Pacific Railway Ltd. says freight sales drove a 17 per cent leap in revenues to $1.96 billion in the fourth quarter, fuelled by oil, grain and other commodities. Net income for the country’s second-biggest...
January 24, 2019 | CP, Headlines, Quarterly Income
(Source: Freight Waves, January 23, 2019) CHATTANOOGA, Tenn. — In the fight to have the lowest operating ratio (OR) among Class 1 railroads, Canadian Pacific just took first prize. The company, in announcing its fourth quarter 2018 earnings Wednesday, said it had an...
January 24, 2019 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, January 23, 2019) CALGARY — Canadian Pacific Railway Limited today announced its fourth-quarter results, including revenues of $2.0 billion, an operating ratio of 56.5 percent and record operating income of $874...
January 22, 2019 | CN, CP, Headlines
(Source: Reuters, January 22, 2019) NEW YORK — Canada‘s two major railways are rationing space on trains traveling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to...
January 16, 2019 | CP, Headlines
(Source: Seeking Alpha, January 13, 2019) NEW YORK — Canadian Pacific (CP) reports quarterly earnings January 23rd. Analysts expect revenue of $1.45 billion and EPS of $3.15. The revenue estimate implies a double-digit decline Y/Y. Investors should focus on the...
January 16, 2019 | CP, Headlines
(Source: Progressive Railroading, January 15, 2019) Canadian Pacific executives are taking issue with a Canadian Transportation Agency(CTA) plan to include the Class I in a far-reaching investigation into possible freight-rail service problems in the Vancouver,...
