November 10, 2016 | CP, Headlines, Teamsters Canada
(Source: Calgary Herald, November 9, 2016) CALGARY — Canadian Pacific Railway is butting heads with one of its unions over its workplace fatigue practices, saying its efforts to bring predictable schedules and mandatory time-off periods to employees are being...
November 8, 2016 | CP, Headlines
(Source: Canadian Press, November 7, 2016) CALGARY — Canadian Pacific says it moved more Western Canadian grain in October from the Prairies to Vancouver than in any other previous single month. Full story: The Chronicle Herald
October 31, 2016 | CP, Headlines
(Source: The Western Producer, October 27, 2016) CALGARY — Canadian Pacific Railway says its third quarter revenues are down, and one of the main reasons cited by chief executive officer Hunter Harrison is slower than expected grain movement this fall. Interestingly,...
October 27, 2016 | CP, Headlines, NS
(Source: Bloomberg, October 26, 2016) NEW YORK — Norfolk Southern was right: It didn’t need Bill Ackman’s help. It’s been about a year since the $27 billion railroad found itself on the receiving end of Canadian Pacific’s takeover advances,...
October 24, 2016 | CP, Headlines
(Source: Calgary Herald, October 19, 2016) CALGARY, Alberta — Canadian Pacific Railway has launched an online “scorecard” to publicly grade itself on its grain-hauling performance, and help keep it and other supply chain partners accountable to farmers this harvest...
October 24, 2016 | CP, Headlines, Oil Train
(Source: Canadian Press, October 21, 2016) MONTREAL — The Quebec government is holding Canadian Pacific Railway directly responsible for the damages caused in the Lac-Megantic train derailment that killed 47 people. Full story: Toronto Star
October 21, 2016 | CN, CP, Headlines
(Source: CBC News, October 19, 2016) MONTREAL — Transport Canada has ordered safety improvements at the CP and CN rail yards in Montreal’s west end after a number of incidents this summer, including two collisions and a derailment. Full story: CBC...
October 21, 2016 | CP, Headlines, UP
(Source: Financial Post, October 21, 2016) OTTAWA — Union Pacific Corp. was slapped with a downgrade as a result of falling pricing trends, but railroad peer Canadian Pacific Railway Ltd. received a vote of confidence. Full story: Financial Post
October 21, 2016 | CP, Headlines, Quarterly Income
(Source: Canadian Press, October 19, 2016) CALGARY — Canadian Pacific Railway reported a third-quarter profit of $347 million on Wednesday, topping its result a year ago, but falling short of investors’ expectations. Full story: Toronto Star
October 19, 2016 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, October 19, 2016) CALGARY, Alberta — Canadian Pacific Railway Limited today announced third-quarter reported diluted earnings per share (EPS) of $2.34, adjusted diluted EPS of $2.73 and an operating ratio of 57.7...
