January 30, 2015 | CP, Headlines
(Source: Canadian Pacific Railway press release, January 28, 2015) CALGARY, Alberta — Canadian Pacific Railway Limited announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing US$700 million of 2.900% Notes due 2025. The transaction is...
January 30, 2015 | CP, Headlines, WC
(Source: The Daily Press, January 28, 2015) ASHLAND, Wisc. — Xcel Energy has reached a $10.5 million settlement with a pair of railroad companies who are among the entities named in a lawsuit filed by Xcel asserting they share responsibility for contamination on the...
January 23, 2015 | CP, Headlines
(Source: Bloomberg, January 22, 2015) NEW YORK — Canadian Pacific Railway Ltd. (CP) is sticking by the company’s four-year forecast calling for profit to double by 2018, even if crude prices remain at historically low levels, Chief Executive Officer Hunter Harrison...
January 23, 2015 | CP, Headlines, Oil Train
(Source: Globe and Mail, January 22, 2015) TORONTO — Canadian Pacific Railway Ltd. has slashed its forecast for crude-by-rail volumes amid the rout in oil prices that prompted drillers to cut budgets and production. Full story: Globe and Mail
January 22, 2015 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, January 22, 2015) CALGARY, Alberta — Canadian Pacific Railway Limited today announced the lowest quarterly operating ratio in the company’s history and record net income for both the fourth quarter and the full...
January 21, 2015 | CP, Headlines
(Source: Canadian Pacific Railway press release, January 20, 2015) CALGARY — Canadian Pacific and DREAM Unlimited Corp. are proud to announce an agreement to form a joint venture called DREAM Van Horne Properties (DREAM VHP), created to generate long-term shareholder...
January 21, 2015 | CP, Headlines
(Source: Globe and Mail, January 20, 2015) VANCOUVER — Canadian Pacific Railway Ltd. was within its rights to bulldoze some sheds and smash through community gardens along its unused Arbutus corridor, a judge has ruled, and the company can forge ahead with plans to...
January 14, 2015 | CP, Headlines, Unions
(Source: Canadian Press, January 13, 2015) CALGARY — One of Canadian Pacific Railway Ltd.’s unions has voted in favour of a strike if the two sides can’t reach agreement on a new contract. Unifor local 101R has set a strike deadline of 12:01 a.m. on Feb. 15. Full...
January 14, 2015 | CN, CP, Headlines
(Source: Canadian Press, January 10, 2015) REGINA — Farm lobby groups in Saskatchewan and Manitoba say fines levied against Canada’s two largest railways don’t reflect the damage caused when the companies failed to transport the minimum required grain volumes last...
January 13, 2015 | CP, Headlines
(Source: Canadian Pacific Railway press release, January 8, 2015) CALGARY, Alberta — Remarkable generosity, big crowds and tremendous community spirit were hallmarks of the 2014 Canadian Pacific (CP) Holiday Train program, which saw over C$1.1 million raised and...
