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News Tagged By: Canadian Pacific Railway (CP)

CP Rail strike ends, talks head to arbitration

Canadian Labour Minister Kellie Leitch announces the strike between CP Rail and Teamsters Canada Rail Conference has ended.

Posted on 2-16-2015 at 1:33 PM
Government to intervene as CP strike threatens economy
A strike by locomotive engineers and conductors at Canadian Pacific Railway Ltd. is expected to be felt by everyone from Prairie grain farmers to commuters in downtown Montreal.
Posted on 2-16-2015 at 9:21 AM
Canadian Pacific Railway cuts spending in wake of crude plunge
CP has cut the number of oil tank cars it expects to haul in North America this year to 140,000 from 200,000, blaming the steep plunge in crude prices.
Posted on 2-11-2015 at 7:00 AM
CP Rail seeks revenue bump by lifting grain freight caps
CP said removing the cap would allow it to replace its fleet of 5,500 grain cars – which average 35 years old – with new hoppers that can carry 25 per cent more grain per train.
Posted on 2-07-2015 at 9:36 AM
CP Rail forms joint venture to develop surplus real estate
Hunter Harrison, CP chief executive officer, has been saying for more than a year the Calgary-based company wanted to sell real estate worth $2-billion as part of its efforts to become leaner and more efficient.
Posted on 1-20-2015 at 10:54 AM
Canada railroads add workers, engines to thwart winter woes
Canada’s two biggest railroads are putting extra workers on call, adding locomotives and readying heaters to prevent another winter of icy, profit-sapping gridlock.
Posted on 12-23-2014 at 11:15 AM
Canadian Pacific bullish on crude-by-rail cargo amid oil’s rout
Canadian Pacific Railway Ltd. is poised to meet a goal to boost crude shipments by at least 67 percent next year as oil producers and pipeline companies continue to build terminals even amid a bear market for the commodity.
Posted on 12-16-2014 at 2:58 PM
Railroads tumble as oil’s slide seen slowing crude shipments
North American railroad stocks tumbled for a second day on growing concern that falling oil prices will curtail surging shipments of crude by train.
Posted on 12-01-2014 at 5:38 PM
Crude-by-rail industry looking exposed: Andrew McCreath
In today’s current oil price environment, rail volumes associated with crude and shale oil may soon be in jeopardy.
Posted on 12-01-2014 at 12:00 PM
TSB finds Canadian railways failing to properly report accidents
Railways in Canada failed to properly report 254 accidents over a seven-year period, the Transportation Safety Board of Canada says.
Posted on 10-27-2014 at 3:08 PM
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