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Improvement seen on CP Q1 results
Canadian Pacific Railway announced revenues of $1.19 billion (C$1.6 billion) for the first quarter of 2017, an increase of 1% from the year-ago quarter, and earnings per share of $2.17,…
Intermodal employees ratify CP contract
Canadian Pacific and the United Steelworkers Local 1976 announced that the union had ratified a five-year labor agreement covering approximately 600 administrative support and intermodal employees in Canada.
CP marks Battle of Vimy Ridge centennial
Canadian Pacific On April 9 commemorated the centennial of World War I’s Battle of Vimy Ridge “and the ultimate sacrifice made by more than 3,500 Canadians in a military victory…
Metra launches 2017 construction program
Chicago’s Metra and its railroad partners announced plans to begin $216 million worth of infrastructure investments in 2017.
It shouldn't take a $300 million man
What has been will be again; what has been done will be done again. There is nothing new under the sun. Is there anything of which one can say, “Look!…
Precision railroading, with a humane face
One of Keith Creel’s first acts upon becoming Canadian Pacific CEO in February was a call to his counterpart at the union representing the railway’s train and engine (T&E) crews.…
Canadian Pacific, intermodal union in pact
Canadian Pacific and the United Steelworkers Local 1976 reached a tentative five-year labor agreement covering approximately 600 administrative support and intermodal employees in Canada.
FINANCIAL EDGE March 2017: He sure plays a mean game of Railroad
When the Financial Edge last addressed the topic of Hunter Harrison, it was during the failed takeover of Norfolk Southern (NS) by Canadian Pacific (CP). Pursuit of NS was not…
British Columbia to study Vancouver Island commuter rail
British Columbia Minister of Transportation and Infrastructure Todd Stone announced on March 9 that the Canadian province will study options for establishing commuter rail services on Vancouver Island.
Coal leads weekly rail traffic gains
Coal led all gainers as rail traffic in the U.S. totaled 521,607 carloads and intermodal units for the week ending March 4, up 1.8 percent from the same week in…
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