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CP posts record quarterly OR and net income
Canadian Pacific Railway on July 21, 2015 posted its highest-ever net income and lowest-ever operating ratio for a second quarter.
CP, City of Vancouver discuss operating plan for Arbutus corridor
Canadian Pacific (CP) met with officials from the City of Vancouver on July 10, 2015 to discuss CP’s operating plan for the Arbutus corridor rail line.
Tobias steps down from CP board
Stephen C. Tobias resigned from the Board of Directors of Canadian Pacific Railway Limited and Canadian Pacific Railway Company for personal reasons on June 30, 2015, the company announced.
CP reacts to Raitt rhetoric during investigation
Canadian Pacific (CP) says it is “profoundly disappointed” with Canadian Minister of Transport Lisa Raitt’s public comments regarding an ongoing investigation into an alleged breach in safety rules. “Such comments…
CP names new Executive VP and CFO
Canadian Pacific has appointed Mark Erceg as Executive Vice President and Chief Financial Officer, effective May 18, 2015. He will replace outgoing CFO Bart Demosky, who will be departing from…
CP reports record operating ratio, earnings
Building upon the momentum established when E. Hunter Harrison, Railway Age’s2015 Railroader of the Year, was appointed CEO, Canadian Pacific Railway posted the lowest first-quarter operating ratio in the company’s…
Via Rail pondering alternative Ontario routing for suspended Canadian
After months of late arrivals due to track congestion on CN’s northern Ontario main line, compounded by slow orders arising from CN’s efforts to recover from two tar sands oil…
CP endures short strike; arbitration set
Roughly 3,000 union train and operations employees returned to work on Monday, Feb. 16, 2015 following a 36-hour strike against Canadian Pacific Railway, after CP agreed to binding arbitration, thus…
Oil train mishaps reveal tank car strengths and limitations
Two same-day derailments of crude oil trains in Canada and a third in West Virginia two days later illustrate the strengths and limitations of the newest general-purpose tank cars plying…
CP CFO Bart Demosky to step down in May
Canadian Pacific Executive Vice President and Chief Financial Officer Bart W. Demosky has decided to leave the company effective May 31, 2015, after a little more than one year in…
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