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CP named 2017 Military Friendly Employer
Canadian Pacific announced Nov. 23 that it has been named a 2017 Military Friendly Employer by Victory Media, publisher of G.I. Jobs magazine. The award recognizes the many veterans, National…
Canada coal phase-out a ho-hum for CN, CP
The phase-out of coal for electricity generation announced by Canada’s greenish Liberal government Nov. 21 will have no impact on the country’s Class I railways. That’s because nearly all of…
CP supports Touchdowns for Heart
Canadian Pacific (CP) is once again teaming up with the CFL (Canadian Football League) to deliver CP Touchdowns for Heart during the 104th Grey Cup Playoffs.
CP seeks changes to maximum work hours
Canadian Pacific has provided notice to the Teamsters Canada Rail Conference (TCRC) that it will be seeking changes by Transport Canada that would reduce by a third the maximum permissible…
CP launches website defensive to TSB fatigue findings
Canadian Pacific on November 8 launched a website in response to Canadian Transportation Safety Board (TSB) Chairwoman Kathy Fox’s Oct. 31 public pronouncement that 6% of human-caused rail incidents may…
CP's best-ever month for grain to Vancouver
Canadian Pacific announced on Nov. 7 that, despite a weather-delayed harvest, October “was its best-ever month for Western Canadian grain movement to Vancouver and stands ready to work with its…
CP to TSB: Your statements are misguided
Canadian Pacific is calling Canadian Transportation Safety Board (TSB) Chairwoman Kathy Fox’s Oct. 31 public pronouncement that 6% of human-caused rail incidents may have involved fatigue “misguided comments” that “do…
Velani named CP CFO
Canadian Pacific on Oct. 19 named Nadeem Velani Vice President and Chief Financial Officer. He had been serving in an interim capacity since Sept. 9, 2016.
CP 3Q ’16: OR still dropping
An operating ratio of 57.7%, the lowest-ever when compared to adjusted operating ratios in previous quarters, and increases in diluted earnings per share (both adjusted and non-adjusted) marked Canadian Pacific’s…
Hunter Harrison: We’ll move that grain—with your cooperation
Canadian Pacific CEO Hunter Harrison says his railroad is ready to move Western Canada’s delayed grain crop to market, provided there is “supply chain accountability,” which will be measured in…
CP unveils hazmat website
Canadian Pacific on Sept. 26 unveiled a new webpage, cpr.ca/HazMat, which showcases CP's dangerous goods response capabilities, training available to first responders and other online resources.
CP strong into harvest season
Canadian Pacific reports it's well-positioned and ready to move this year's western Canadian grain crop, which is forecast to be significantly bigger than the five-year average, to market.
CP urges TSB to do more with LVVR
Canadian Pacific joined the Canadian Transportation Safety Board (TSB), which released a study on September 19, in reiterating support for the Minister of Transport to implement Locomotive Voice and Video…
Guido De Ciccio retires from CP
Canadian Pacific announced that Guido De Ciccio, Senior Vice-President, Operations Western Region, is retiring from CP after four decades of dedicated service.
CFO change at CP
Canadian Pacific announced Sept 8, 2016 that Executive Vice President and Chief Financial Officer Mark Erceg has resigned, effective immediately, to join a U.S. company. Nadeem Velani has been appointed…
Ackman bails from CP board
Approximately one month after billionaire hedge fund manager Bill Ackman dumped all his shares in Canadian Pacific Railway Ltd. and walked away with an estimated $1.5 billion to pursue other…
CP voices support for expanding LVVR
Canadian Pacific announced Aug. 25, 2016 that it “welcomes the release of the full proceedings from the Canadian Transportation Safety Board’s (TSB) recent Transportation Safety Summit and urges government officials…
CP: Ackman cashes out
Pershing Square Capital Management L.P. principal Bill Ackman has sold all his shares in Canadian Pacific, walking away with a cool $1.5 billion.
For CP, a tough second quarter
The second quarter of 2016 was not kind to Canadian Pacific, though in line with CP’s quarterly outlook, released in June.
Hunter Harrison: Disrupting the status quo
National Transportation Policy mandates that railroads be managed efficiently. While railroad performance is reflective of improvement, some railroads excel, with the reasons increasingly under digital scrutiny by activist money managers…
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