CP, TCRC-Rail Canada Traffic Controllers Reach Tentative Agreement
Canadian Pacific and Teamsters Canada Rail Conference-Rail Canada Traffic Controllers (TCRC-RCTC) have reported reaching a tentative three-year agreement.
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For CP, ‘4Q20 Momentum’ to Build in 2021 (Updated, Cowen)
“Despite the continued COVID-19 impacts, volumes steadily improved over the second half of 2020 and we saw revenue ton-mile growth in the fourth quarter,” Canadian Pacific (CP) President and CEO Keith Creel reported Jan. 27 during the railroad’s quarterly earnings announcement.
Record Grain Moves Continue for CN, CP
Canada’s two Class I railroads continue to set records for grain moves. For December 2020, both CN and Canadian Pacific (CP) reported nearly 3.00 million metric tonnes (MMT) shipped.
Canada to CN, CP: ‘Here’s Your Bill for Excellent Grain Service’
The Canadian Transportation Agency (CTA) ruled that CN and Canadian Pacific (CP) grain revenues for the 2019-20 crop year were above their respective Maximum Revenue Entitlements (MRE). Each railroad must pay the amount that exceeded MRE plus a 5% penalty.
CP Wraps Up Detroit River Rail Tunnel Deal
Canadian Pacific (CP) is now full owner of the 2.6-km (1.6-mile) Detroit River Rail Tunnel, linking Windsor, Ontario, and Detroit, Mich.
CP Embarks on Hydrogen Locomotive Pilot
Building on its sustainability initiatives, Canadian Pacific now has plans to develop North America’s first hydrogen fuel cell (HFC)-powered linehaul freight locomotive.
CP, IBEW Reach New Tentative Agreement
Canadian Pacific (CP) and the International Brotherhood of Electrical Workers (IBEW) Canadian Signals and Communications System Council No. 11 reported reaching a new tentative five-year collective agreement.
2021 Railroader of the Year: Keith Creel, Canadian Pacific
Railway Age has named Canadian Pacific President and CEO Keith Creel the 58th annual recipient of its Railroader of the Year Award. A cover profile of Creel and his leadership at CP will appear in the January 2021 issue.
CN, CP Receive Top Scores for Climate Change Actions
CN and Canadian Pacific (CP) have received leadership-level scores from global environmental non-profit CDP for their 2020 climate change actions and disclosures.
CN, CP Deliver November Grain-Move Records
CN and Canadian Pacific (CP) have again reported record grain moves for November.