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CP terms 4Q earnings “solid”
Canadian Pacific Tuesday morning announced fourth-quarter diluted per share earnings of C$1.28, exclusive of “significant items,” up 15% from C$1.11 diluted per share earnings, also exclusive of such items, in…
CP touts new Saskatchewan intermodal hub
Canadian Pacific on Monday announced the opening of its Intermodal Facility at Saskatchewan's Global Transportation Hub (GTH) in Regina, the provincial capital.
CP achieves key labor settlements
Canadian Pacific late Wednesday announced two labor settlements that E. Hunter Harrison, president and CEO, said puts the railroad "in a very good position to continue the work of being an…
CP, Teamsters Canada workers reach accord
The Teamsters Canada Rail Conference-Maintenance of Way Employees Division (TCRC-MWED), representing 2,600 maintenance of way workers, and Canadian Pacific reached a tentative historic five-year contract settlement, CP announced Tuesday.
Takeaways from CP’s Investor Conference
Canadian Pacific held its annual Investor Conference Dec. 4-5 in New York City; its first since Hunter Harrison took over as President and CEO and began dramatically reshaping the railroad.…
Morgan Stanley: CP a compelling investment
Following Canadian Pacific’s investor conference in New York City Dec. 4-5, Morgan Stanley transportation analyst William Greene has named CP the firm’s "top pick in Freight Transports and a Morgan…
CP’s Harrison: A “mid-60s” operating ratio by 2016
At an investor conference in New York on Tuesday, Dec. 4, Canadian Pacific’s recently installed President and CEO E. Hunter Harrison outlined his plan for taking the railroad out of…
CP scraps PRB buildout, will take 4Q write-down
When Canadian Pacific acquired the Dakota Minnesota & Eastern railroad in 2007, it also acquired the option to build a 260-mile extension of DM&E’s network into Powder River Basin coal…
CP reaches accord with electrical workers
The International Brotherhood of Electrical Workers (IBEW) System Council 11 and Canadian Pacific Thursday said the parties have reached a tentative five-year labor agreement covering approximately 450 employees who maintain…
CP offers $1 million to hurricane relief fund
Canadian Pacific Wednesday said it will donate US$1 million to assist with Hurricane Sandy relief efforts.
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