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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…
Canadian Pacific braces for TCRC strike
The Teamsters Canada Rail Conference-Running Trades (TCRC-RT), the union representing more than 3,000 active Canadian Pacific locomotive engineers and conductors at CP, has provided official notice of its intent to…
CP’s Harrison calls Ag Transport Coalition initiative “disingenuous”
Canadian Pacific says it is “appalled” that the Ag Transport Coalition, a government-funded group, “can claim it is trying to enhance ‘the competitiveness of the agricultural supply chain,’ but not…
2015 Railroader of the Year: Hunter Harrison, Canadian Pacific
Now a two-time recipient of the industry's most prestigious award, this giant of railroading tackles the questions, where are we going, and how are we going to get there?
CP's next move?
A bid for CSX does not suggest that all of CP's growth potential lies eastward.
Video highlights: Railroader of the Year Hunter Harrison
Canadian Pacific Chief Executive Officer Hunter Harrison, Railway Age’s 2015 Railroader of the Year, speaks candidly with Editor-in-Chief William C. Vantuono in a wide-ranging interview conducted for the magazine’s January…
CP Holiday Train generates $1.1 million and 300,000 pounds of food
Canadian Pacific’s 2014 Holiday Train program saw more than C$1.1 million raised and 300,000 pounds of food donated to North American food banks and food shelves.
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…
STB asks CP to “clear ambiguities”
The Surface Transportation Board, in a decision dated Oct. 14, 2014 (Docket No. EP 724, “United States Rail Service Issues,” has asked Canadian Pacific Railway to “answer specific questions to…
CSX posts record 3Q 2014 results
CSX posted record third-quarter 2014 net earnings of $509 million, or $0.51 per share, up from net earnings of $455 million, or $0.45 per share, in the same period last…
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