Canadian Pacific Railway

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
Government, Business, Equipment, Logistics

Canadian Pacific Railway Sees End of the Line for Government-Owned Grain Cars

Canada rail yard Roy Luck/Flickr

Canadian Pacific Railway Ltd. is ready to buy its own grain cars, sidelining 6,000 government-provided ones from the 1970s that are no longer up to the job.

Frederic Tomesco | Bloomberg News
July 20, 2017
Business

Canadian Pacific Posts Strong 2Q Showing, Profits Up 46%

Canadian Pacific train darinm16/Flickr

Canadian Pacific Railway continued a positive second quarter for rail freight carriers with profits jumping 46% due to growth in business in intermodal and the transportation of grain, potash, metals and minerals.

Ari Ashe | Staff Reporter
July 19, 2017

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