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CP turnaround: How soon, how strong?
Now that Canadian Pacific Railway is under new management, how soon can shareholders expect to reap the rewards promised hedge fund investor William Ackman during a long proxy fight?
Wall Street rewards CP stock
Investors on Wall Street, watching events at Canadian Pacific carefully throughout the week, continued to reward the company Thursday for its apparent—and now affirmed—shakeup of CP's Board of Directors.
U.S. carload traffic still down; intermodal still up
The trends, both good and bad, continue for U.S. freight traffic ending the week of May 12, 2012, the Association of American Railroads reported Thursday. U.S. freight carload traffic fell…
Operation Lifesaver warns photographers on safety
Operation Lifesaver Thursday cautioned professional photographers to be aware of the risks of taking photos of high school seniors and wedding parties on train tracks or trestles.
Pact eases way for Charlotte LYNX extension
Charlotte's LYNX Blue Line Extension (BLE) light rail project along the North Carolina Railroad corridor moved a big step forward Wednesday with the announcement that the North Carolina Railroad Co. (NCRR), the…
CP’s Green, five directors step down from Board
In a sweeping move, Canadian Pacific early Thursday announced not only the departure of President and CEO Fred Green—a move widely expected—but also the declaration of six existing directors not…
CP in the time of E. Hunter Harrison
As this is written, much of the railroad world awaits the Thursday, May 17, vote by Canadian Pacific share owners. Early book betting says that insurgent hedge fund Pershing Square…
Smith, in battered racecar, posts best finish to date
Following the finish of the May 12 Bojangles Southern 500 at Darlington Raceway, Regan Smith’s no. 78 Furniture Row Racing/CSX Play It Safe Chevrolet looked like it had been sideswiped…
NS creates "Protect the Line" security program
Norfolk Southern is inviting "everyone with a stake in rail operations—communities, businesses, and informed observers such as rail fans"—to join its new online security program, "Protect the Line."
Amtrak restores Chicago-Michigan speeds
Amtrak said Friday schedules for its Wolverine Service and Blue Water passengers had been restored to normal, following extensive and expeditious trackwork along much of the route by landlord Norfolk…
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