Canadian Pacific Railway Ltd. envisions a “transformative” remaking of its freight-rail business after an announced merger with Kansas City Southern Railway that will create the first U.S.-Mexico-Canada network.
March 24, 2021Canadian Pacific Railway
Business, Equipment, Logistics
The new railroad, to be called Canadian Pacific Kansas City, will operate about 20,000 miles of rail and employ about 20,000 workers. (Canadian Pacific)
Canadian Pacific-Kansas City Southern Merger Will Create 'Transformative' Network
The new railroad, to be called Canadian Pacific Kansas City, will operate about 20,000 miles of rail and employ about 20,000 workers. (Canadian Pacific)
Business
Don MacKinnon/Bloomberg News
Canadian Pacific Reports 20.7% Earnings Gain in Q4
Don MacKinnon/Bloomberg News
Canadian Pacific Railway posted higher net income despite slightly softer revenue in the fourth quarter, the Class I freight railroad announced Jan. 28.
January 28, 2021
Business
Brett Gundlock/Bloomberg News
Canadian Pacific Sees Lower Q2 Earnings, Points to Pandemic
Brett Gundlock/Bloomberg News
Canadian Pacific reported reduced second-quarter earnings that company officials said was a direct result of reduced freight caused by the COVID-19 pandemic.
July 27, 2020
Business, Logistics
Canadian Pacific
Canadian Pacific Reports Lower Net Income, Robust Revenue in Q1
Canadian Pacific
Canadian Pacific reported reduced first-quarter earnings April 21 as the railroad’s revenue was up 15.6% to C$2.04 billion compared with $1.77 billion in the same quarter a year ago.
April 27, 2020
Business
Jennifer Lamb/Flickr
Canadian Pacific Reports Record 2Q Earnings
Jennifer Lamb/Flickr
Canadian Pacific Railway Ltd. on July 16 reported record second-quarter revenues of nearly C$1.98 billion, a 13% increase from the $1.75 billion in 2018. Income also surged to $724 million or $5.19 a share, compared with $436 million or $3.05 a share in 2018.
July 22, 2019
Business, Logistics
TT File Photo
Canadian Pacific Reports Second-Quarter Revenue Growth of 7%
TT File Photo
Canadian Pacific Railway Ltd. announced second-quarter revenues of C$1.75 billion, an increase of 7% from $1.64 billion when compared with the same period of 2017.
July 18, 2018
Business, Logistics
darinm16/Flickr
Canadian Pacific Rail Workers’ Strike Threatens Freight Traffic
darinm16/Flickr
More than 3,000 Canadian Pacific Railway Ltd. workers walked off the job, threatening a wider disruption in freight traffic and setting up the first major labor test for Canadian Prime Minister Justin Trudeau.
May 30, 2018
Business
darinm16/Flickr
Canadian Pacific First-Quarter Revenue Rises as Strike Threat Rises
darinm16/Flickr
Canadian Pacific Railway reported first-quarter revenue of C$1.66 billion and diluted earnings of C$2.41 per share April 18 as potential labor troubles loomed.
April 18, 2018
Business
Canadian Pacific
Canadian Pacific Sees Solid Fourth Quarter
Canadian Pacific
Canadian Pacific Railway reported healthy fourth-quarter and yearly results, with income boosted in part by the recent reduction in the U.S. corporate tax code from 35% to 21%.
January 19, 2018
Business
Freight railroads started earnings season on a positive note as CSX eeked out a small win. (TT File Photo)
CSX Treads Water in 3Q After Turbulent Summer
Freight railroads started earnings season on a positive note as CSX eeked out a small win. (TT File Photo)
The freight railroad industry began the earnings season on a positive note. CSX Corp. scratched out a small win and Canadian Pacific Railway easily surpassed year-ago levels as the industry continues to rebound in 2017.
October 18, 2017