CP Rail

Despite a 4% drop in revenues, Canadian Pacific Railway Ltd. posted its lowest-ever first-quarter operating ratio of 58.9% and reported diluted earnings per share of $3.51, or $2.50 on an…
The Surface Transportation Board, in seeking comments addressing Canadian Pacific’s petition for an expedited declaratory order, has received letters from the U.S. Department of Justice and the Department of Defense-United…
Canadian Pacific Railway on Dec. 3, 2015 ratified a multi-year collective agreement with the 300 locomotive engineers, assistant engineers, conductors and brakemen on CP U.S. subsidiary Dakota, Minnesota & Eastern…
Levitation takes two forms among railroads—magnetic levitation relating to futuristic high-speed passenger transport, and stock levitation associated with bidding wars for asset control.
The day after confirming that it had made an offer to Norfolk Southern—and following NS’s tepid response—Canadian Pacific on Nov. 18, 2015 disclosed the contents of the offer letter it…
It’s official: Canadian Pacific on Nov. 17, 2015 sent an offer letter to Norfolk Southern proposing a merger (an acquisition, really) “that would create a transcontinental railroad with the scale…
Canadian Pacific Railway has held early-stage merger talks with Norfolk Southern and is raising financing for an acquisition, according to Nov. 9, 2015 news reports citing confidential sources at both…
Canadian Pacific Railway Ltd. has completed the sale of a 282-mile segment of its Delaware & Hudson subsidiary to Norfolk Southern Corp.—the D&H South line, which connects Schenectady, N.Y., with…
Canadian Pacific says it “is well positioned to provide best-in-class service to western Canadian grain shippers during the 2015-2016 crop-year.”
Canadian Pacific Railway on July 21, 2015 posted its highest-ever net income and lowest-ever operating ratio for a second quarter.
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