Canadian Pacific Railway

Business, Equipment, Logistics

Canadian Pacific-Kansas City Southern Merger Will Create 'Transformative' Network

Canadian Pacific locomotive 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 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.

Dan Ronan | Associate News Editor
March 24, 2021
Business

Canadian Pacific Reports 20.7% Earnings Gain in Q4

Canadian Pacific 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.

Dan Ronan | Associate News Editor
January 28, 2021
Business

Canadian Pacific Sees Lower Q2 Earnings, Points to Pandemic

Canadian Pacific 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.

Dan Ronan | Associate News Editor
July 27, 2020
Business, Logistics

Canadian Pacific Reports Lower Net Income, Robust Revenue in Q1

Canadian Pacific Railway train 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.

Dan Ronan | Associate News Editor
April 27, 2020
Business

Canadian Pacific Reports Record 2Q Earnings

Canadian Pacific Railway train 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.

Dan Ronan | Associate News Editor
July 22, 2019
Business, Logistics

Canadian Pacific Reports Second-Quarter Revenue Growth of 7%

Canadian Pacific 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

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

Canadian Pacific First-Quarter Revenue Rises as Strike Threat Rises

Canadian Pacific train 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.

Dan Ronan | Associate News Editor
April 18, 2018
Business

Canadian Pacific Sees Solid Fourth Quarter

Canadian Pacific Train 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%.

Burney Simpson | Staff Reporter
January 19, 2018
Business

CSX Treads Water in 3Q After Turbulent Summer

CSX double-stack train 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.

Ari Ashe | Staff Reporter
October 18, 2017

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