Grain carloads were marginally fewer but grain revenue per carload climbed 10 per cent to help Canadian Pacific Railway to its highest quarterly revenue ever. Calgary-based CP on Oct. 18 […] Read more
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Grain handle down slightly in record quarter for CP
Grain handle down, costs up in CP’s Q1
Increased traffic in potash and intermodal containers offset an eight per cent drop in grain carloads in Canadian Pacific Railway’s first quarter, against higher costs and “challenging” conditions. Calgary-based CP […] Read more
Two unions set to strike Saturday at CP
Unions representing engineers, conductors and signal maintainers on Canadian Pacific Railway (CP) have served formal notice to strike starting Saturday. The Teamsters Canada Rail Conference (TCRC), which represents about 3,000 […] Read more
CP conductors, engineers reject short-term deal
Unionized conductors and engineers at Canadian Pacific Railway (CP) have voted down a proposed one-year renewal of their collective agreement. The Teamsters Canada Rail Conference, whose train and engine (T+E) […] Read more
CP to chart weekly grain handling performance online
Canadian Pacific Railway plans to launch a new weekly “supply chain scorecard” next week, to chart its own performance handling Prairie grain. The Calgary company announced the new program Friday for […] Read more
U.S. activist investor Ackman leaves CP board
Bill Ackman, the U.S. activist investor who usurped the leadership of Canadian Pacific Railway in 2012, is leaving the Calgary company’s board after his hedge fund sold off its remaining […] Read more
CP, Teamsters dispute railway’s staffing obligations
Canadian Pacific Railway is refuting claims from one of its employees’ unions that the company is in “violation of the law” over layoffs of track maintenance staff. Calgary-based CP last […] Read more
CP lays off 500 workers, cites softening demand
CNS Canada — Select maintenance workers at Canadian Pacific Railway will be laid off effective Thursday as the railway’s revenue is expected to plummet in the second quarter. Lower volumes […] Read more
CP cuts raise worry over potential slowdown
CNS Canada –– Canadian Pacific Railway’s decision to cut 1,000 jobs has caught the attention of two Prairie farm leaders. Norm Hall, president of Agricultural Producers Association of Saskatchewan, worries […] Read more
Another union serves CP with strike notice
Barring last-minute deals or back-to-work legislation, staff handling locomotive and rail car inspection, maintenance and repair at Canadian Pacific Railway may join the company’s engineers and conductors on strike Sunday. […] Read more