October 14, 2015 | CP, Headlines, Oil Train
(Source: Associated Press, October 13, 2015) PORTLAND, Maine — A lawyer for relatives of most of the 47 people killed in an oil train derailment in Canada described a Canadian railroad’s refusal to contribute to a settlement fund as “reprehensible”...
October 8, 2015 | CP, Headlines
(Source: Globe and Mail, October 7, 2015) TORONTO — When the corporate espionage allegations leveled by Canadian National Railway Co. against its archrival Canadian Pacific Railway Co. surfaced last month, CP responded by sending its customers a bulletin condemning...
October 8, 2015 | CP, Headlines, Oil Train
(Source: Canadian Press, October 7, 2015) MONTREAL — Canadian Pacific Railway is willing to drop its appeal of the $450-million settlement fund for victims of the Lac-Megantic tragedy if it is granted certain legal protections, lawyers said Tuesday. Full story: CTV...
October 7, 2015 | CN, CP, Headlines
(Source: Globe and Mail, October 6, 2015) TORONTO — Canadian Pacific Railway Ltd.’s lawyer says it was wrong for its employees to have made off with client information while they worked at rival Canadian National Railway Co., but the information is no longer being...
October 1, 2015 | CP, Headlines
(Source: Hamilton Spectator, September 30, 2015) HAMILTON — Hamilton’s Steelcare Inc. has been bought by Canadian Pacific Railway. Steelcare, Canada’s largest steel transloading distribution hub (transferring steel from rail cars predominantly onto trucks...
October 1, 2015 | CN, CP, Headlines
(Source: Bloomberg, September 30, 2015) NEW YORK — Canada’s two largest railroads are giving investors a glimpse of what the future may hold by putting second-in-commands in charge while health issues sideline the chief executive officers. Full story:...
September 28, 2015 | CP, Headlines, Oil Train
(Source: Associated Press, September 24, 2015) NEW YORK — Final confirmation of a $338 million settlement for victims of an oil train derailment that claimed 47 lives in Quebec was delayed Thursday to give the lone party that opposes the plan additional time to reach...
September 28, 2015 | CN, CP, Headlines
(Source: Canadian Press, September 25, 2015) MONTREAL — A lawsuit launched by Canadian National Railway alleges a former employee shared confidential client information with rival Canadian Pacific, which then wooed business away in a made-in-Canada corporate espionage...
July 31, 2015 | CP, Headlines, Unions
(Source: Canadian Pacific Railway press release, July 29, 2015) CALGARY, Alberta — Canadian Pacific is pleased to announce that a tentative six -year agreement has been reached with the Brotherhood of Railway Carmen (BRC-TCU), a division of the Transportation and...
July 28, 2015 | CP, Headlines, Oil Train
(Source: Globe and Mail, July 27, 2015) MONTREAL — The $430-million settlement fund in the Lac-Mégantic train disaster is illegal because the Quebec judge who approved it did not have the authority to do so, Canadian Pacific Railway said in its official leave for...