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CANADIAN PACIFIC’S HUNTER HARRISON NAMED RAILROADER OF THE YEAR BY RAILWAY AGE
December 22, 2014: E. Hunter Harrison, Chief Executive Officer of Canadian Pacific (CP), has been named 2015 Railroader of the Year by railroad industry trade journal Railway Age.
CP recognized by Carbon Disclosure Project
Canadian Pacific Railway has been recognized as a leader for the depth and quality of climate change data it has disclosed to investors and the global marketplace through CDP (Carbon…
CP files claim over Wisconsin HrSR work
Canadian Pacific was scheduled to appear before the Wisconsin Claims Board on Tuesday, Dec. 9, 2014, arguing for compensation for preparatory higher-speed rail (HrSR) work it performed on its rights-of-way…
CP cites improvements in grain train performance
Speaking at the Dec. 8, 2014 “Post-Harvest Handling and Transportation for Agricultural Products: Issues and Challenges” conference in Fargo, N.D., hosted by North Dakota State University’s Center for Agriculture Policy…
Canada: Grasping government tightens grip on grain
Canada’s Conservative government extended its takeover of railway grain movements Nov. 29, ordering CN and Canadian Pacific to shift specified quantities of grain each week throughout the winter, or be…
UP begins Canada-to-California CBR service
Union Pacific’s Can-Am Corridor linking western Canada with the western U.S. entered a new era on Nov. 24, 2014, when the first unit train of Canadian crude rolled across the…
CP agrees to sell D&H line to Norfolk Southern
Canadian Pacific announced on Monday, Nov. 17, 2014 it would sell a line of roughly 200 miles, cutting across Pennsylvania and New York, to Norfolk Southern Corp. for $192.6 million.
Class I CEOs diverge on the merits of mergers
During third-quarter 2014 earnings presentations, two Class I CEOs with considerable experience in mega-mergers expressed opposing viewpoints on the merits of a final round of railroad mergers that would presumably…
Record 3Q for CP
Canadian Pacific Railway on Tuesday, Oct. 21, 2014, announced record third-quarter net income of C$400 million (US$356.4 million), or C$2.31 (US$2.06) per diluted share, up from C$324 million or C$1.84…
CP + CSX: “No further talks are planned”
Breaking its relative silence, Canadian Pacific Railway announced Oct. 20, 2014 that it is no longer pursuing CSX as a merger partner. “Exploratory conversations held with CSX Corp. about a…
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