CP reports record third-quarter revenue and OR

Canadian Pacific Railway (CP) on Oct. 20, 2015 posted its highest-ever revenue for the third quarter, with a 16% growth in adjusted earnings per share to $2.69 and the lowest operating ratio for the period in the company’s history.

CP acquires Steelcare Inc.

Canadian Pacific Railway (CP) has acquired Steelcare Inc., Canada’s largest steel transload facility, the railroad announced Sept. 29, 2015.

For CP, a different kind of horse power

Scott Brash and his horse Hello Sanctos won the Canadian Pacific (CP) International, while helping to raise $150,000 through CP’s Clear Rounds for Heart initiative, the railroad announced Sept. 13, 2015.

CP set for superior grain service

Canadian Pacific says it “is well positioned to provide best-in-class service to western Canadian grain shippers during the 2015-2016 crop-year.”

CP, Brotherhood Railway Carmen reach tentative deal

Canadian Pacific (CP) has reached a tentative six-year agreement with Brotherhood Railway Carmen (BRC-TCU), a division of the Transportation and Communications Union/International Association of Machinists, the company announced on July 29, 2015. The BRC represents employees on CP’s wholly owned subsidiary, Soo Line Railroad Company.

CP posts record quarterly OR and net income

Canadian Pacific Railway on July 21, 2015 posted its highest-ever net income and lowest-ever operating ratio for a second quarter.

CP, City of Vancouver discuss operating plan for Arbutus corridor

Canadian Pacific (CP) met with officials from the City of Vancouver on July 10, 2015 to discuss CP’s operating plan for the Arbutus corridor rail line.

Tobias steps down from CP board

Stephen C. Tobias resigned from the Board of Directors of Canadian Pacific Railway Limited and Canadian Pacific Railway Company for personal reasons on June 30, 2015, the company announced.

CP reports record operating ratio, earnings

Building upon the momentum established when E. Hunter Harrison, Railway Age’s2015 Railroader of the Year, was appointed CEO, Canadian Pacific Railway posted the lowest first-quarter operating ratio in the company’s history and the highest-ever net income for the period.

Canadian Pacific braces for TCRC strike

The Teamsters Canada Rail Conference-Running Trades (TCRC-RT), the union representing more than 3,000 active Canadian Pacific locomotive engineers and conductors at CP, has provided official notice of its intent to strike the railroad in the event there is not a negotiated settlement on contract talks that have been ongoing for more than one year.
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