WAUKESHA, Wis. — Two collapsed bridges and an unknown number of freight cars are on the ground after a spate of derailments on three Class I railroads within 30 hours of each other on Tuesday and Wednesday. First, on Tuesday afternoon, a Manitoba derailment sent several cars of a Canadian Pacific train off the rails, […]
Tag: Canadian Pacific
CP puts damper on plans for more ‘Hiawathas’
MADISON, Wis. — Wisconsin’s plans for increasing Chicago-Milwaukee Amtrak Hiawatha service may not be as close to fruition as state officials have believed. Canadian Pacific Railway, the host railroad for much of the Hiawatha route, has released a letter to the state’s rail program manager saying it will not support additional service without additional improvements […]
CN, CP optimistic about prospects for more crude oil traffic NEWSWIRE
Canadian National power leads a westbound empty oil unit train through River Forest, Ill., on the Union Pacific on Aug. 25, 2018. TRAINS: David Lassen Canadian National and Canadian Pacific are cautiously optimistic that Alberta crude oil shipments will rise significantly this year if production curtailments are eased and the province’s crude-by-rail contracts are shifted […]
CN, CP to argue Chicago interchange dispute before federal regulators NEWSWIRE
WASHINGTON — The Surface Transportation Board has ordered Canadian National and Canadian Pacific to participate in oral arguments next month to settle their simmering dispute over the location of their interchange in Chicago. In a decision late Friday, the board directed CN and CP to participate in an Aug. 6 oral argument in Washington. The […]
Canadian Pacific reports record quarterly results, maintains positive outlook NEWSWIRE
CALGARY, Alberta — Canadian Pacific reported record quarterly earnings and revenue today as the railway carried record volumes and led the industry in traffic growth. CP’s operating income jumped 31%, to $822 million, as revenue surged 13%, to nearly $2 billion. CP reported earnings per share, adjusted for one-time items, of $4.36, a 36% increase […]
Mediation fails to settle CN-CP Chicago interchange dispute NEWSWIRE
WASHINGTON — Canadian National and Canadian Pacific have asked federal regulators to step in after they failed to settle their Chicago interchange dispute through a mediation period that ended on Thursday. In a July 3 letter to the Surface Transportation Board, CP requested a preliminary injunction that would order CN to maintain the interchange at […]
Canadian Pacific dome car ‘Selkirk’ joins passenger car fleet NEWSWIRE
‘Selkirk’ rests beneath the Calgary skyline. Canadian Pacific CALGARY, Alberta – Canadian Pacific dome car Selkirk entered service with the railroads Heritage Fleet this summer after an extensive rebuilding. The ex-Southern Pacific dome was rebuilt in the former locomotive shop at Ogden Yard in Calgary under the supervision of Kevin Hrysak, senior manager of heritage […]
Canadian Pacific outpaces other Class I railroads in quarterly traffic growth NEWSWIRE
Canadian Pacific was the clear winner in second quarter traffic growth among the big six Class I railroad systems. CP carried 6% more carloads in the quarter, led by double-digit gains in its potash, forest products, and energy, chemicals and plastics business segments. The only CP traffic segments not to grow were coal, which was […]
CP receives international logistics award NEWSWIRE
CALGARY — Canadian Pacific was named Best Logistics Service Provider, Rail, at the Asian Freight Logistics and Supply Chain Awards held earlier this week in Hong Kong. CP was the only North American railroad nominated for the award. Customers provide the nominations. “Canadian Pacific is honored to be recognized by our customers with this award,” […]
CP fined for environmental violation NEWSWIRE
GOLDEN, British Columbia — Canadian Pacific has been fined $31,500 (Canadian) by the Province of British Columbia for a pollution violation, the Coast Mountain News reports. The penalty, for failure to comply with terms of a waste discharge permit, was assessed in the third quarter of 2018. A CP spokesman told the news site the […]
CP opens new auto facility in Vancouver NEWSWIRE
VANCOUVER, British Columbia — Canadian Pacific has opened a new auto shipping facility on 19 acres of CP-owned land adjacent to its Vancouver Intermodal Terminal. The Vancouver Automotive Compound has capacity for 36 auto racks and nearly 1,200 vehicle bays. “Vancouver is Canada’s primary automotive gateway for Asian imports and one of the largest destination […]
Canadian Pacific wins more Vancouver international intermodal traffic (updated) NEWSWIRE
CALGARY, Alberta — For the second year in a row, Canadian Pacific has pulled an international intermodal contract away from rival Canadian National. CP today announced that it would begin hauling Yang Ming Marine Transport’s containers at the Port of Vancouver, British Columbia, effective Jan. 1, 2020. The contract with the Taiwan-based steamship line […]
