CP Elevating Two Grain Elevators
G3 Pasqua and CHS Northland Grain Hazel have each earned Canadian Pacific’s annual Elevator of the Year award.
G3 Pasqua and CHS Northland Grain Hazel have each earned Canadian Pacific’s annual Elevator of the Year award.
The Surface Transportation Board (STB) has released a procedural schedule for the proposed transaction creating Canadian Pacific Kansas City (CPKC) and is inviting public comment.
Emissions Reduction Alberta (ERA) on Nov. 1 awarded Canadian Pacific’s Hydrogen Locomotive Program a $15 million 50% matching grant to expand the initiative to three locomotives, install hydrogen production facilities at two locations, and create a “global center of excellence in hydrogen and freight rail systems” in Alberta. CP is receiving the grant from ERA’s Shovel Ready Challenge program. It builds on the $15 million CP already planned to invest in the development project in 2021.
Canadian Pacific has published its 2020 corporate sustainability report on the company’s “successes and achievements on its journey to being sustainably driven.” The report “provides an overview of CP’s continued progress in three sustainability areas of focus: operating safety, maintaining operational excellence throughout the network, and managing the social impact of CP’s work.”
It’s mainly procedural: On Oct. 29, Canadian Pacific and Kansas City Southern jointly filed a railroad control application with the Surface Transportation Board transaction to create Canadian Pacific Kansas City (CPKC), “the only single-line railroad linking the United States, Mexico and Canada.”
Despite third-quarter 2021 supply chain challenges, Canadian Pacific’s (CP) “commitment to the foundations of precision scheduled railroading enabled us to respond quickly and effectively,” President and CEO Keith Creel said during the railroad’s earnings announcement on Oct. 20.
Kansas City Southern (KCS) on Oct. 19 was the first Class I to report third-quarter 2021 earnings. Revenue for the potentially merger-bound railroad—back with original suitor Canadian Pacific (CP)—came in at $744.0 million, growing 13% from the prior-year period ($659.6 million), but volumes fell.
The Transportation Safety Board of Canada (TSB) reports that its investigation following the June 30, 2021 fire that destroyed the town of Lytton, B.C “has not revealed any evidence to link railway operations to the fire. Unless new information establishes that a TSB reportable event occurred, no further work will be performed and no TSB investigation report will be produced.” The wildfire remains under investigation by BCWS (British Columbia Wildfire Service) and the RCMP (Royal Canadian Mounted Police).
CSX and Canadian Pacific (CP) are honoring customers for their commitment to the safe transportation of hazardous materials (hazmat).
Canadian Pacific (CP) in 2021 will again broadcast a virtual concert and encourage Canadians and Americans to donate to its annual Holiday Train program supporting food banks across its network.