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CP sets record 2Q earnings, operating ratio
Canadian Pacific on Wednesday, July 24, 2013 reported record second-quarter net income of C$252 million, or C$1.43 per diluted share, taking pains to also note a record operating ratio of…
CP, K+S Potash sign deal on rail logistics
Canadian Pacific and K+S Potash signed an "exclusive long-term volume-based contract" Wednesday, July 10, 2013, for the transportation of potash products from K+S' Legacy Site, CP said Thursday.
CP to donate to Alberta flood relief effort
Canadian Pacific will donate $200,000 to the Canadian Red Cross to help victims of the devastating floods this month in southern Alberta, the railroad said Wednesday, June 25.
For CP, a rapid recovery from Alberta floods
Canadian Pacific said Monday, June 24 that its main line west of Calgary through the Banff-Canmore region of Alberta is now open after operations crews successfully restored segments impacted by…
BNSF’s Johnson succeeds CP’s McFarlane in U.S.
Robert Johnson, who has spent 32 years with BNSF Railway and its predecessors, most recently as General Manager-Northwest Division, has been appointed Canadian Pacific Railway’s Vice President U.S. Operations. He…
CP speeds up Toronto-Calgary intermodal service
Canadian Pacific said Wednesday, June 19 it has launched a faster intermodal rail service between Toronto and Calgary to better serve customers on this route. The new service offering cuts…
CP train crew saves a life, commended for bravery
On the evening of May 11, 2013, Canadian Pacific Railroad Engineer Fred Jarrell and Conductor Ben Goar were moving their train next to Warner Road near Childs Road in St.…
Whatcha gonna do when CP’s cops come for you?
Canadian Pacific Police Service officers were out in force on May 7, Operation Lifesaver’s International Level Crossing Awareness Day, at five locations along the railroad’s U.S. network to enforce grade-crossing…
Canadian Pacific increases 2013 capital investment program
In December 2012, Canadian Pacific announced a 2013 capital spending plan of up to $1.1 billion. On May 7, CP said that it will move forward certain capital spending projects…
CP contributes $100,000 to school breakfast program for Toronto children
Canadian Pacific has provided financial support to a Toronto-area program that provides a nourishing breakfast for small children every school morning, enabling it to expand its services to reach more…
CP touts “best ever” first quarter
Canadian Pacific early Wednesday reported first-quarter net income of C$217 million, or C$1.24 per diluted share, up sharply from C$142 million, or 82 Canadian cents per share, in the first…
CP reopens line after Minnesota oil spill
Canadian Pacifc on Thursday said it had resumed service in western Minnesota after a derailment spilled up to 30,000 U.S. gallons of oil.
Transload facility to aid North Dakota rail moves
Dakota Plains Holdings, Inc. and a joint-venture partner, Petroleum Transport Solutions, LLC, said Friday construction is under way for the Pioneer Project, designed to expand crude oil transload capacity in…
Oil a Canadian nightmare? Not for CP
One of the perks of living in the Idaho panhandle, snuggled between Washington and Montana, is the ability to eavesdrop on our Canadian neighbors just to the north. During a…
CN, CP end litigation over Hunter Harrison
CN announced Monday that it had settled its differences with CP and its former CEO Hunter Harrison over Harrison's joining CP as CEO. The announcement came as CN Executive Vice-President…
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.…
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