May 6, 2014 | CP, Headlines, Oil Train
(Source: CBC News, May 2, 2014) TORONTO — During a speech to stakeholders at the railway’s annual general meeting yesterday, Hunter Harrison said Ottawa should have consulted with the industry more before pushing through new regulations following several...
April 25, 2014 | CN, CP, Headlines
(Source: Globe and Mail, April 25, 2014) TORONTO — Driving through the rusty underbelly of southeast Calgary, past the scrapyards, used car lots and grain mills, you come upon a windswept field of train tracks and semi-abandoned buildings—a century-old...
April 23, 2014 | CN, CP, Headlines
(Source: Reuters, April 22, 2014) WASHINGTON, D.C. — Canada’s two largest railroads reported stronger-than-expected profits on Tuesday, results that could prompt fresh criticism from farmers already unhappy with the handling of a massive crop backlog...
April 22, 2014 | CP, Headlines, Quarterly Income
(Source: Bloomberg, April 22, 2014) NEW YORK — Canadian Pacific Railway Ltd. (CP) reported first-quarter profit that beat analysts’ estimates as a drop in benefits and compensation spending helped the country’s second-largest railroad blunt weather-related...
April 22, 2014 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, April 22, 2014) CALGARY, Alberta — Canadian Pacific Railway Limited today announced record Q1 2014 financial results. Reported net income in the first quarter was $254 million, or $1.44 per diluted share, versus...
April 21, 2014 | CP, Headlines, STB
(Source: Associated Press, April 19, 2014) BISMARCK, N.D. — Canadian Pacific Railway told a federal oversight board Friday that moving fertilizer for spring planting does not present a “significant challenge” for the railroad. Full story: Star...
April 15, 2014 | CP, Headlines, Oil Train
(Source: Industry Week, April 14, 2014) CLEVELAND, Ohio — The American Chemistry Council and several related trade groups filed a federal lawsuit against Canadian Pacific over the rail carrier’s recent decision to require rail cars hauling certain...
April 10, 2014 | CP, Headlines
(Source: CBC news, April 9, 2014) CALGARY, Alberta — The Calgary Fire Department says it has sent an invoice to Canadian Pacific Railway totalling more than $500,000 following a derailment at the Alyth Yard last September. Full story: CBC.ca
April 2, 2014 | CP, Headlines
(Source: Pioneer Press, April 1, 2014) ST. PAUL, Minn. — Canadian Pacific Railway has proposed a major expansion of its receiving yard to the north and east of Pig’s Eye Lake in St. Paul, with the ultimate goal of accommodating 10,000-foot trains by...
April 2, 2014 | BNSF, CP, Headlines
(Source: Grand Forks Herald, April 1, 2014) FARGO, N.D. — Railroad performance for agriculture isn’t improving, and shippers served by Canadian Pacific Railway are growing more concerned their locomotives and crews are going to the Burlington Northern Santa Fe...
