Canadian Pacific Railway

Business

Canadian Pacific Said to Explore Norfolk Southern Takeover

Ariana Lindquist/Bloomberg News

Canadian Pacific Railway, the second-largest railroad in Canada, is exploring a takeover of U.S. carrier Norfolk Southern Corp. in a fresh attempt to consolidate the North American industry, according to people familiar with the matter.

Ed Hammond | Bloomberg News
November 9, 2015
Business, Logistics

Canadian Pacific Lowers 2015 Outlook After Commodities Cargo Declines

Canadian Pacific Railway

Canadian Pacific Railway cut its forecast for full-year revenue and earnings per-share growth while it seeks to control costs amid a decline in demand for commodities shipments.

Frederic Tomesco | Bloomberg News
July 21, 2015
Business, Logistics

Canadian Pacific Stoppage Ended by Binding Arbitration

A two-day strike at Canadian Pacific Railway Ltd. by the Teamsters Canada Rail Conference ended when both sides agreed to binding arbitration to end a dispute covering approximately 3,000 train crew workers.

Rip Watson | Special to Transport Topics
February 17, 2015
Business

Canadian Pacific Rail Misses Profit Estimates as Stock-Based Pay Rises

Canadian Pacific Railway Ltd.

Canadian Pacific Railway Ltd., foiled in a bid to merge with CSX Corp., reported third-quarter profit that missed analysts’ estimates as the carrier spent more on stock-based compensation.

October 21, 2014
Business, Logistics

Canadian Pacific Confirms End of Merger Talks With CSX

Luke Sharrett/Bloomberg News

Canadian Pacific Railway Ltd. said talks about a possible merger with CSX Corp. have ended and no further conversations are planned.

October 20, 2014
Business

Canadian Pacific Rail Pursuing Merger with CSX, Reports Say

Don MacKinnon/Bloomberg News

Canadian Pacific Railway Ltd. is pursuing a merger with third-largest U.S. railroad CSX Corp., multiple news services reported, that would be the first such combination of major railroads in 15 years.

October 14, 2014
Business

Canadian Pacific Bid Sets Up More Railway-Industry Deals

EarlRShumaker/Flickr

Canadian Pacific Railway’s megamerger ambition may whet the industry’s appetite for deals.

October 14, 2014
Business, Logistics

Canadian Pacific’s 4Q Net Income Rises

Ariana Lindquist/Bloomberg News

Canadian freight railroad Canadian Pacific’s fourth-quarter net income rose to C$82 million, or 47 Canadian cents per share, from C$15 million, or 8 cents, a year earlier.

January 29, 2014
Business, Logistics

Canadian Pacific’s 4Q Net Income Drops

Canadian freight railroad Canadian Pacific’s fourth-quarter net income fell to C$15 million, or 8 Canadian cents per share, from C$221 million, or C$1.31, a year earlier, on restructuring charges.

January 29, 2013
Business, Logistics

Canadian Pacific Resumes Operations as Strike Ends

Canadian Pacific Railway resumed operations Friday morning after a week-long strike, Reuters reported.

June 1, 2012

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