Canadian Pacific reports strong earnings as it awaits merger decision

Green and gray cowl locomotive with blue trim

CALGARY, Alberta — Canadian Pacific reported strong fourth quarter earnings on Tuesday and expects to see volume growth this year despite economic uncertainty. The railway’s earnings call was a sideshow to the main event: The pending Surface Transportation Board decision on the proposed CP-Kansas City Southern merger. “We finished the year with the people, capacity […]

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CPKC offers plan to address traffic issues in Chicago-area suburbs

Passenger train passing wooden passenger station

WASHINGTON — As part of their merger, Canadian Pacific and Kansas City Southern will work with a group of Chicago-area communities on voluntary measures to address traffic concerns in those communities, the railroads say in the final Environmental Impact Statement released today (Friday, Jan. 27) by the Surface Transportation Board’s Office of Environmental Analysis. The […]

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Final environmental review finds few problems with Canadian Pacific-Kansas City Southern merger

Red locomotive leads multicolored locomotives in snow

WASHINGTON — The Canadian Pacific-Kansas City Southern merger would cause few adverse environmental impacts aside from increased train noise in some locations, the Surface Transportation Board said in its final environmental impact statement today. The three-volume environmental impact statement, or EIS, incorporates comments the STB received at public hearings along CP and KCS routes in […]

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TSB to investigate Canadian Pacific derailment in Saskatchewan

Canadian Pacific Railway beaver logo

CHAPLIN, Saskatchewan — The Transportation Safety Board of Canada is sending a team of investigators to examine a Canadian Pacific derailment that occurred early Monday morning in Chaplin, Sask., Global News reports. The derailment, shortly after midnight, involved 47 railcars and 95 containers, according to preliminary information. No hazardous materials were involved, CTV News reports; […]

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CP, Canadian mechanical workers reach contract agreement

Canadian Pacific Railway beaver logo

CALGARY — Canadian Pacific and Canadian union Unifor have reached agreement on a new contract for approximately 1,200 mechanical employees, the two parties announced today (Friday, Jan. 13). The previous agreement had expired on Dec. 31, 2022. Terms of the agreement were not announced. Both parties said details would be released following ratification. The workers, […]

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CP train derails in Alberta

Canadian Pacific Railway beaver logo

TABER, Alberta — Eleven cars of a Canadian Pacific freight train were reported to have derailed early Wednesday morning near the town of Taber, CTV News reports, leading to lane closures on adjacent Provincial Route 3. No injuries were reported and no hazardous material were involved, according to the Royal Canadian Mounted Police. Traffic on […]

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