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CP + NS fully in play
The day after confirming that it had made an offer to Norfolk Southern—and NS’s tepid response—Canadian Pacific on Nov. 18, 2015 disclosed the contents of the offer letter it sent…
CP pursuing NS. Game on!
It’s official: Canadian Pacific on Nov. 17, 2015 sent an offer letter to Norfolk Southern proposing a merger (an acquisition, really) “that would create a transcontinental railroad with the scale…
CP-NS transcon a craps table roll
Few obstacles bedevil railroads as has the Mississippi River. Spanning it was the nation’s first rail bridge in 1856—promptly assaulted by steamboat Effie Afton. While the bridge was repaired and…
CP + NS is in play: Reports
Canadian Pacific Railway has held early-stage merger talks with Norfolk Southern and is raising financing for an acquisition, according to Nov. 9, 2015 news reports citing confidential sources at both…
High times ahead for Canadian rails
Canada’s three major railways should benefit from the Oct. 19, 2015 sea-to-sea election sweep by Justin Trudeau’s Liberal Party of Canada. Trudeau’s party even managed to get four members of…
CP reports record third-quarter revenue and OR
Canadian Pacific Railway (CP) on Oct. 20, 2015 posted its highest-ever revenue for the third quarter, with a 16% growth in adjusted earnings per share to $2.69 and the lowest…
Canadian Pacific’s implementation and use of ATGMS
The Engineering Services track of the American Railway Engineering and Maintenance-of-Way Association's (AREMA) Annual Conference kicked off with a presentation from Ron Gagne, director track systems, Canadian Pacific (retired), on…
CP acquires Steelcare Inc.
Canadian Pacific Railway (CP) has acquired Steelcare Inc., Canada's largest steel transload facility, the railroad announced Sept. 29, 2015.
CP, NS complete D&H South sale
Canadian Pacific Railway Ltd. has completed the sale of a 282-mile segment of its Delaware & Hudson subsidiary to Norfolk Southern Corp.—the D&H South line, which connects Schenectady, N.Y., with…
For CP, a different kind of horse power
Scott Brash and his horse Hello Sanctos won the Canadian Pacific (CP) International, while helping to raise $150,000 through CP's Clear Rounds for Heart initiative, the railroad announced Sept. 13, 2015.
CP set for superior grain service
Canadian Pacific says it “is well positioned to provide best-in-class service to western Canadian grain shippers during the 2015-2016 crop-year.”
CP, Brotherhood Railway Carmen reach tentative deal
Canadian Pacific (CP) has reached a tentative six-year agreement with Brotherhood Railway Carmen (BRC-TCU), a division of the Transportation and Communications Union/International Association of Machinists, the company announced on July 29,…
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…
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