CP: Changes at the Top
In what that railroad is describing as “part of the next stage of its transformational journey,” Canadian Pacific is making changes in some senior-level executive positions, following two retirements.
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CP joins Blockchain in Transport Alliance
Canadian Pacific has joined the Blockchain in Transport Alliance (BiTA). In joining the alliance, CP is supporting BiTA’s mission of producing blockchain standards that allow for interoperability between participants in the global supply chain.
CP 2Q19: “Growth across every line of business”
Canadian Pacific Railway (CP) announced it set record second-quarter revenues of C$1.98 billion, an increase of 13% from last year’s C$1.75 billion, and a second-quarter operating ratio record of 58.4%, a 580 basis point improvement over last year’s second-quarter operating ratio of 64.2%.
Hamberger, Robertson appointed to CP Board
Canadian Pacific Railway (CP) recently announced that Edward R. Hamberger and Andrea Robertson have been appointed to its Board of Directors.
Miner to supply components for 3,800 CP, CN hoppers
Miner Enterprises recently announced that it plans to supply outlet gates and hatch covers for 3,800 new high-capacity grain hopper cars ordered by Canadian Pacific (CP) and Canadian National (CN) railways.
AFLAS: CP Best Logistics Service Provider – Rail
Canadian Pacific (CP) recently announced that it took home the Best Logistics Service Provider – Rail award at the Asian Freight Logistics and Supply Chain Awards (AFLAS) in Hong Kong.
CP opens VAC
Canadian Pacific has opened its new Vancouver Automotive Compound (VAC), which has been located to handle motor vehicles made in North America for distribution in British Columbia, northern Washington State and parts of Alberta, as well as vehicles imported through the Port of Vancouver.
CP sets grain record
As of the end of May 2019, Canadian Pacific (CP) set a grain record by moving 22.5 million metric tonnes (MMT) of Canadian grain and grain products since the start of the 2018-2019 crop year.
CP: Dividend increased by 27.5%
Canadian Pacific (CP) recently declared a quarterly dividend of $.83 per share on the outstanding Common Shares, an increase of 27.5% to the previous dividend of $.65 per share.
CP: “Strong momentum” on heels of record-setting April
Canadian Pacific (CP) revealed that, on top of a “strong network performance,” it had a record-setting April, as the Calgary, AB-based railroad delivered a best-ever 2.643 million metric tonnes (MMT) of Canadian grain and grain products.