October 7, 2014 | CP, Headlines
(Source: Globe and Mail, October 3, 2014) TORONTO — Regulators have “overreacted” to the fatal derailment in Lac-Mégantic by imposing needless regulations on the rail industry, says Hunter Harrison, chief executive officer of Canadian Pacific Railway Ltd. Full story:...
October 7, 2014 | CP, Headlines
(Source: Bloomberg, October 2, 2014) WHITE PLAINS, N.Y. — Canadian Pacific Railway Ltd. (CP) plans to more than double profit in four years as Chief Executive Officer Hunter Harrison seeks to improve efficiency by running longer and faster trains at Canada’s...
October 7, 2014 | CP, Headlines, Short Line
(Source: Albany Times Union, October 7, 2014) SCHENECTADY, N.Y. — The Canadian Pacific Railway is “close to completing a transaction” to sell the former Delaware & Hudson Railway network south of the Capital Region, top officials at CP Rail told...
October 6, 2014 | CP, Headlines
(Source: AG Week, October 1, 2014) OMAHA, Neb. — North Dakota’s Commissioner of Agriculture said the Canadian Pacific Railway and its CEO are “arrogant” and that the company is less responsive than Burlington Northern Santa Fe, the state’s other major shipper. Full...
October 6, 2014 | CP, Headlines, Short Line
(Source: Reuters, October 2, 2014) TORONTO — With his push to turn around Canadian Pacific Railway Ltd ahead of schedule, Chief Executive Hunter Harrison has his eye on another challenge: the logistics nightmare that is Chicago. CP has offered to buy, lease or at...
September 23, 2014 | CP, Headlines
(Source: Progressive Railroading, September 23, 2014) Canadian Pacific has added resources and implemented a more transparent service offering and report to the Surface Transportation Board (STB) to reduce agriculture shipment delays in North Dakota, U.S. Sen. John...
September 22, 2014 | CP, Headlines
(Source: Globe and Mail, September 18, 2014) TORONTO — Canadian Pacific Railway Ltd. has launched a legal action against the federal government in an attempt to overturn new regulations the railways say slow the flow of goods and cost Canadian jobs. Full story: Globe...
September 19, 2014 | CP, Headlines
(Source: Star Tribune, September 19, 2014) ST. PAUL, Minn. — Canadian Pacific Railway is going ahead with controversial plans to expand its switching yard southeast of downtown St. Paul over the city’s objections, after St. Paul backed down from seeking an...
September 19, 2014 | CP, Headlines
(Source: Reuters, September 18, 2014) CALGARY — Canadian Pacific Railway Ltd has met the minimum weekly grain volumes mandated by the Canadian government, the railway said on Thursday, a day after Transport Canada said it would fine Canadian National Railway Co for...
September 12, 2014 | CP, Headlines, Teamsters Canada
(Source: Canadian Pacific Railway press release, September 9, 2014) CALGARY, Alberta — Canadian Pacific and the Teamsters Canada Rail Conference Rail Canada Traffic Controllers (TCRC-RCTC) announced today that a labour agreement covering approximately 135 rail traffic...
