November 3, 2015 | CP, Headlines, Historic/Steam
(Source: Financial Post, October 30, 2015) OTTAWA — When the last spike was driven into the Canadian Pacific Railway in 1885, the company that had connected Canada from coast to coast faced a whole new challenge: generating traffic on the line. Full story: Financial...
November 2, 2015 | CP, Headlines
(Source: Canadian Press, October 30, 2015) MONTREAL — Canadian Pacific is heading a criminal investigation with the Montreal police into a trail derailment that occurred in Montreal on Thursday, October 29. A spokesman for CP says preliminary results of the...
October 29, 2015 | CN, CP, Headlines
(Source: Globe and Mail, October 28, 2015) TORONTO — Canadian Pacific Railway Ltd. cannot be trusted to stop using confidential information taken unlawfully from rival Canadian National Railway Co. by a former employee, and a judge should appoint a monitor to watch...
October 26, 2015 | CN, CP, Headlines
(Source: Globe and Mail, October 26, 2015) TORONTO — Derek Ackford, a salesman with Canadian National Railway Co., is seated at a glossy wooden table talking on video about how to take business away from rival Canadian Pacific Railway Ltd. by submitting a bid to move...
October 23, 2015 | CP, Headlines, Technology
(Source: Reuters, October 21, 2015) NEW YORK — According to Keith Creel, chief operating officer of Canadian Pacific Railways, if Congress doesn’t pass an extension to a railway-safety bill, the company would be unable to ship materials that help clean the water...
October 21, 2015 | CP, Headlines
(Source: Canadian Press, October 20, 2015) CALGARY, Alberta — The head of Canada’s second-largest railway urged the country’s incoming Liberal government to stop what is says is Ottawa’s history of meddling in its operations. Full story: Huffington...
October 21, 2015 | CP, Headlines
(Source: Bloomberg, October 20, 2015) NEW YORK — Hunter Harrison, lured out of retirement in 2012 by activist investor Bill Ackman to turn around operations at Canada Pacific Railway Ltd., is back on the job after leg surgery. Full story:...
October 20, 2015 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific press release (PDF), October 20, 2015) CALGARY, Alberta — Canadian Pacific Railway Limited today announced the highest-ever revenue for the third quarter, 16-percent growth in adjusted earnings per share and the lowest operating ratio for the...
October 20, 2015 | CP, Headlines, Quarterly Income
(Source: Reuters, October 20, 2015) NEW YORK — Canadian Pacific Railway Ltd reported a better-than-expected quarterly profit, helped by higher freight rates and lower operating costs. CP Rail said freight revenue per carload rose 5 per cent in the third quarter ended...
October 15, 2015 | CP, Headlines
(Source: Canadian Pacific Railway press release, October 14, 2015) CALGARY, Alberta — The Canadian Pacific (CP) Holiday Train will be traveling across Canada and the United States again this November and December raising money, food and awareness for food banks and...