Canadian Pacific News
CP promotes safety awareness and safe action around railroad property
Canadian Pacific (CP) and the Canadian Pacific Police Service (CPPS) will be educating the public during Rail Safety Week about safety in and around railway property and how to stay safe for the balance of the year.
Canadian Pacific responds to announcement by Transport Canada
Canadian Pacific today welcomed Transport Canada’s announcement pertaining to older DOT-111 tank cars, but the railway expressed disappointment with the federal government’s incomplete actions around addressing human behaviour factors affecting rail safety in Canada.
Canadian Pacific expresses disappointment with Canadian government legislation
Canadian Pacific today expressed its extreme disappointment with the legislation tabled yesterday afternoon in Ottawa by the Government of Canada.
Canadian Pacific files preliminary base shelf prospectus
Canadian Pacific Railway Limited today announced that it has filed with the securities commission in each of the provinces and territories of Canada a Preliminary Base Shelf Prospectus and a corresponding registration statement with the United States Securities and Exchange Commission.
Canadian Pacific reports record Q2 results
Canadian Pacific Railway Limited today announced record Q2 2013 results that continues to highlight the significant progress in its transformational journey.
Canadian Pacific welcomes Tony Marquis as VP Operations Eastern Region
Canadian Pacific today announced veteran railroader Tony Marquis has joined the railroad as its new Vice-President Operations Eastern Region with accountability for its Eastern Canada and the Northeast U.S. operations.
Canadian Pacific recovery from Southern Alberta Floods ahead of schedule
Canadian Pacific announced today its main line west of Calgary through the Banff-Canmore region of Alberta is now open after railway operations crews successfully restored segments impacted by the extreme weather last week. A portion of its track in Calgary is expected to re-open this evening, fully restoring the railway’s main line.
New appointment for Canadian Pacific
Robert Johnson has been appointed as CP’s Vice-President U.S. Operations at Canadian Pacific.Johnson’s railroad career spans 32 years with BNSF where he held successively more responsible roles in operations, transportation, engineering, and service excellence.
Canadian Pacific launches faster Toronto-Calgary intermodal service
Canadian Pacific today announced it has launched a faster intermodal rail service between Toronto and Calgary to better serve customers in this key corridor. The new service offering cuts 20 hours from previous schedules.
Canadian Pacific announces board of directors addition
Canadian Pacific Railway today announced that the Hon. Jim Prentice, P.C., Q.C., has been appointed to the company’s Board of Directors effective June 7, 2013. “Canadian Pacific is very fortunate to have Jim join the Board,” said CP Board Chairman Paul Haggis. “His integrity, wide-ranging skills and knowledge of public and corporate matters will serve the Board well.”
Canadian Pacific reports best first quarter results in company’s history
Reported net income in the first quarter was $217 million, or $1.24 per diluted share, versus $142 million, or $0.82 per share, in the first quarter of 2012. This represents a 51 per cent year-over-year improvement in earnings per share.
New president for Canadian Pacific
Canadian Pacific has announced the appointment of Keith Creel as president and chief operating officer. Hunter Harrison will remain chief executive officer of the company.