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News Tagged By: Canadian Pacific Railway (CP)

CN Railway boosts buyback after joining CP in missing estimates

Canadian National Railway Co. said it plans to buy back more shares, spending as much as C$1.7 billion ($1.5 billion), after posting third-quarter profit that missed analysts’ estimates.

Posted on 10-22-2014 at 7:11 AM
Tags: Canadian National Railway (CN Rail), Canadian Pacific Railway (CP)

CP Rail shows efficiency gain as Harrison urges consolidation

Canadian Pacific Railway Ltd., spurned in a bid to merge with CSX Corp., reported its most- efficient operations ever last quarter while working to untangle lingering track congestion.

Posted on 10-21-2014 at 5:15 PM
Tags: Canadian Pacific Railway (CP)

As clock winds down, CP Rail's Harrison hunts for his dream deal

Veteran railroad boss Hunter Harrison has won over many critics since taking over as chief executive of Canadian Pacific Railway (CP.TO), but he still has unfinished business - creation of a...

Posted on 10-17-2014 at 5:33 PM
Tags: Canadian Pacific Railway (CP)

CP and CSX: Hunter Harrison's 'precision railroading' version 3.0?

Hunter Harrison is quietly looking for a way to avoid the Windy City and take "precision railroading" to the next level.

Posted on 10-15-2014 at 11:00 AM
Tags: Canadian Pacific Railway (CP), CSX, Crude-by-rail, Railroad, Jeff Lagerquist, M&A

CSX chief says railroad mergers risk train-traffic disruptions

CSX Corp. Chief Executive Officer Michael Ward said rail consolidation could create disruptions in freight traffic, after the U.S. carrier last week was said to rebuff merger talks with Canadian...

Posted on 10-15-2014 at 2:21 PM
Tags: CSX, Canadian Pacific Railway (CP)

CSX stock soars in hopes CP will pursue takeover

Shares of railway CSX Corp. soared by as much as 10 percent in intraday trading on Monday after reports the U.S. company rejected an offer from Calgary-based Canadian Pacific Railway Ltd.

Posted on 10-14-2014 at 7:46 AM
Tags: CSX, Canadian Pacific Railway (CP)

CP Rail spurned after proposing merger with rival CSX

Canadian Pacific Railway Ltd. was rebuffed after approaching U.S. railroad CSX Corp. about a possible combination, the Wall Street Journal reported, citing unidentified people who had been briefed on...

Posted on 10-12-2014 at 5:29 PM
Tags: Canadian Pacific Railway (CP), CSX

Canadian Pacific sees profit doubling by 2018 as revenue climbs

Canadian Pacific Railway Ltd. laid out part of its long-awaited four-year plan on Wednesday, saying it wants the company’s profit to more than double by 2018.

Posted on 10-01-2014 at 5:13 PM
Tags: Canadian Pacific Railway (CP)

CN Rail chief urges Canada to ease minimum grain-shipment rules

Canadian National Railway Co. said the federal government should lower a grain shipment minimum because farmers haven’t been sending enough of the crop to allow the railroad to comply with the order.

Posted on 9-22-2014 at 2:31 PM
Tags: Canadian Pacific Railway (CP), Canadian National Railway (CN Rail)

Community gardeners caught in Vancouver rail corridor clash

Canadian Pacific is restarting a long-unused rail line after failing to get a price it likes from the City of Vancouver. Sale talks are ongoing, but as BNN’s Jameson Berkow reports, community...

Posted on 8-15-2014 at 4:06 PM
Tags: Canadian Pacific Railway (CP)
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