The Surface Transportation Board announced Tuesday, April 1, 2014 that it will hold a public hearing on April 10 “to provide interested persons the opportunity to report on recent railroad service issues, review proposed solutions to existing service problems, and discuss additional options to improve service.”
Canadian Pacific said it set numerous records for both its fourth quarter and full-year 2013, and offered guidance suggesting continued improvement in 2014.
Independent investment research provider Morningstar, Inc. has named Canadian Pacific chief executive E. Hunter Harrison as its 2013 CEO of the Year. Morningstar annually recognizes a chief executive “who exhibits exemplary corporate stewardship, demonstrates independent thinking, creates lasting value for shareholders, and has put his or her stamp on an industry.”
Canadian Pacific and Genesee & Wyoming, Inc., in a joint announcement Thursday, Jan. 2, 2014, said they had “executed an agreement pursuant to which CP will sell the west end of its Dakota, Minnesota & Eastern (DM&E) line to G&W for continued rail operations.”
Canadian Pacific on Christmas Day, 2013, said it has “officially wrapped up its journey across Canada and the United States raising record donations for North American food banks.”