February 13, 2014 | CP, Headlines
(Source: Financial Post, February 13, 2014) OTTAWA — Canadian Pacific Railway Ltd. may surprise investors with the size of its broadly-anticipated share buyback program, J.P. Morgan said in a new report. Full story: Financial Post
February 11, 2014 | CP, Headlines, Oil Train
(Source: LaCrosse Tribune, February 11, 2014) WINONA, Minn. — Canadian Pacific railway and state officials continue to monitor and clean up the stretch of railroad affected by last week’s spill of more than 12,000 gallons of crude oil. Full story: LaCrosse...
February 5, 2014 | CP, Headlines, Oil Train
(Source: Minneapolis Star-Tribune, February 4, 2014) MINNEAPOLIS, Minn. — A single leaking tank car on a Canadian Pacific oil train left a sheen of crude oil Monday along 70 miles of track between Red Wing and Winona, Minn., state and railroad officials said....
January 29, 2014 | CP, Headlines, Quarterly Income
(Source: Globe and Mail, January 29, 2014) TORONTO — Canadian Pacific Railway Ltd. posted record quarterly and annual profit on Wednesday as the shakeup launched by CEO Hunter Harrison appears to be paying off. The Calgary-based railway says net profit in the...
January 29, 2014 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, January 29, 2014) CALGARY, Alberta — Canadian Pacific Railway Limited today announced record Q4 and 2013 full-year results that clearly demonstrate the significant progress made to date in its corporate and...
January 21, 2014 | CP, Headlines, War on Workers
(Source: Huffington Post Canada, January 18, 2014) OTTAWA — Now here’s something you don’t see every day: A senior exec at a major Canadian company defending unions. That’s what happened at a recent roundtable discussion on the future of organized labour put...
January 13, 2014 | CP, Headlines, Short Line
(Source: Onida Watchman, January 11, 2014) ONIDA, S.D. — The Canadian Pacific Railway kicked off 2014 with the announcement that in a deal worth over $200 million, its tracks on the DM&E line in South Dakota have been sold to Genesse & Wyoming...
January 7, 2014 | CP, Headlines, Short Line
(Source: Argus Leader, January 6, 2014) SIOUX FALLS, S.D. — The sale of 660 miles of railroad from Tracy, Minn., to Rapid City comes with an assurance from the new owner that a fundamental shortcoming that plagued the past two owners won’t threaten vital rail...
January 3, 2014 | CP, Headlines, Short Line
(Source: Associated Press, January 2, 2013) SIOUX FALLS, S.D. — Canadian Pacific says it’s selling the west end of its Dakota, Minnesota & Eastern railroad line to Genesee & Wyoming Inc. for about $210 million. Full story: Albany Times...
December 23, 2013 | CP, Headlines
(Source: Rapid City Journal, December 21, 2013) RAPID CITY, S.D. — The derailment closed Peaceful Pines west of Sturgis Road for nearly 10 hours Friday after the derailment at about 12:40 p.m. Approximately 40 cars of the 60-car train were left stranded north of...
