Canadian Pacific

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…
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…
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’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…
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…
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.
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…
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…
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…
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 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…
At age 70, when most of his contemporaries have retired, Canadian Pacific (CP) Chairman Hunter Harrison is plotting his legacy—a seamless North American transcontinental rail duopoly initiated by his proposed…
Canadian Pacific has approached CSX about a merger, and CSX has rejected the proposal, according to reports in The Wall Street Journal, New York Times, Toronto’s Globe & Mail, and…
Canadian Pacific Railway, under the leadership of CEO E. Hunter Harrison, is “raising the bar, again,” according to Cowen & Co. Managing Director and Railway Age Wall Street Contributing Editor Jason…
At Canadian Pacific’s 2014 Investor Conference, CEO E. Hunter Harrison unveiled new growth targets out to 2018, and “a multi-year strategy to drive superior service and financial profitability, including more…
The Teamsters Canada Rail Conference-Rail Canada Traffic Controllers (TCRC-RCTC) has ratified a labor agreement with Canadian Pacific Railway covering approximately 135 rail traffic controllers in Canada. The agreement was ratified…
The Surface Transportation Board late Monday, Aug. 18, 2014, announced it will hold a public field hearing on Sept. 4, 2014 "to provide interested persons and parties the opportunity to…
Canada’s 2014-2015 grain harvest will soon be under way, and both CN and Canadian Pacific say they are well-prepared to accommodate the new harvest with a steady throughput rate in…
Canadian Pacific early Thursday, July 17, 2014, reported second-quarter net income of C$371 million (US$345 million), or C$2.11 (US$1.96) per diluted share, a record for the second quarter, and up…
The Surface Transportation Board is requiring Canadian Pacific and BNSF “to publicly file their plans to timely resolve their backlogs of grain car orders, as well as weekly status reports…
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