CP

Canadian Pacific's hydrogen fuel cell-powered linehaul freight locomotive (H20EL; pictured) began running under its own power earlier this year.

CP Hydrogen Locomotive Program Advances

Calgary-based ATCO Group, through its investment in Canadian Utilities Ltd., will provide engineering, procurement and construction services for two hydrogen production and refueling facilities in Alberta as part of Canadian Pacific’s (CP) Hydrogen Locomotive Program.

STB to CP-KCS: Resubmit Data From Proposed Merger Filings

The Surface Transportation Board (STB) is calling on merger partners Canadian Pacific (CP) and Kansas City Southern (KCS) to resubmit by May 27 traffic density data that will be used in analyzing the environmental and transportation impacts of their combination.

“I’m proud of the way CP’s team of professional railroaders managed the difficult operating environment they faced in the first quarter of 2022,” CP President and CEO Keith Creel said during an April 27 earnings announcement.

Creel: Following ‘Difficult’ 1Q22, CP ‘Building Momentum’ (UPDATED, Cowen)

Canadian Pacific’s (CP) first-quarter 2022 results—including revenues that fell 6% and a reported operating ratio that deteriorated by 1,070 basis points from first-quarter 2021—“reflected the impact of last year’s drought on Canadian grain volumes, harsh winter operating conditions and the effects of a work stoppage,” President and CEO Keith Creel said.

Among the officials participating in the Baton Rouge-New Orleans passenger rail inspection trip were (pictured left to right): Kansas City Southern President and CEO Pat Ottensmeyer, who supplied the train; Amtrak President and CEO Stephen Gardner; Canadian Pacific President and CEO Keith Creel; Louisiana Gov. John Bel Edwards; Louisiana Department of Transportation and Development Secretary Shawn D. Wilson; and FRA Administrator Amit Bose. (Amtrak Photo by Tom Davidenko)

Watch: New Orleans-Baton Rouge Inspection Trip

Amtrak’s proposal to launch Baton Rouge-to-New Orleans service advanced April 20 with a rail line inspection trip taken by Louisiana Gov. John Bel Edwards, Amtrak President and CEO Stephen Gardner, and other federal, state and railroad officials.

Cowen Insight: 1Q22 Shipper Surveys Say …

Cowen and Company transportation analysts Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Elliott Alper recently conducted their first-quarter 2022 rail equipment and shipper surveys. Following are the results, plus insights on The Greenbrier Companies Inc. (GBX), Trinity Industries Inc. (TRN), GATX Corporation, and the Class I railroads, ahead of earnings.

Keith Creel, President and CEO, Canadian Pacific

CEO PERSPECTIVE: Supply Chain, Market Reach and Sustainability

As part of a special series in Railway Age’s March 2022 issue, 11 North American railroad CEOs address what must be done to grow and gain market share from competing freight transportation modes. Keith Creel, President and CEO of Canadian Pacific, is the 2nd to share his perspective.

Mid-train distributed power remote locomotive, UP 5359, following the 2019 derailment of CP’s freight train 301-349 on the Laggan Subdivision, near Field, British Columbia. Source: TSB Report R19C0015.

CP Disputing TSB Accident Report

Canada’s Transportation Safety Board (TSB) at a March 31 news conference released its investigation report of Canadian Pacific’s Feb. 4, 2019 train derailment on the Laggan Subdivision near Field, British Columbia. CP later in the day issued a strong statement, calling out “inaccuracies and misrepresentations” made at the conference and in the report.