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Jason Seidl: Quick take on EHH at CSX
Now that E. Hunter Harrison has become CEO of CSX, “we expect additional layoffs in addition to the recently announced 1,000 members of management,” says Cowen and Company Managing Director…
Jason Seidl: CSX, EHH getting close?
Late on Feb. 14, CSX Corp. announced it plans to hold a special shareholder meeting on Feb. 16 after discussions for E. Hunter Harrison to take over the reins as…
"Synbit" culprit in CN's second Gogama conflagration
At first sight, the March 7, 2015 Reuters bulletin looked like an accidental re-filing of a three-weeks-old news flash: “A Canadian National Railway train carrying crude oil has derailed near…
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…
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 touts “strongest financial results” in 2Q
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…
CP extends CEO Harrison's contract
Canadian Pacific Railway said Wednesday, May 7, 2014, it had agreed to a contract extension with CEO E. Hunter Harrison, adding a year to his term, which will now run…
CP 4Q, full year set numerous records
Canadian Pacific said it set numerous records for both its fourth quarter and full-year 2013, and offered guidance suggesting continued improvement in 2014.
CP appoints Demosky as Exec VP, CFO
Canadian Pacific has announced that Bart Demosky has been appointed Executive Vice-President and Chief Financial Officer, effective Dec. 28, 2013.
2013 Freight Rail Outlook: The challenge of change
Resilience and resourcefulness are two terms that have become closely associated with North American railroads in recent years. The industry has emerged from the worst economic recession since the Great…
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.…
CP’s Harrison: A “mid-60s” operating ratio by 2016
At an investor conference in New York on Tuesday, Dec. 4, Canadian Pacific’s recently installed President and CEO E. Hunter Harrison outlined his plan for taking the railroad out of…
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