Latest Canadian Pacific Railway Stories
-- State Multi-Year Plan is Well Underway and Yielding Record-Breaking Results -- Reiterate Board's Unanimous Support for Fred Green and CP Management Team CALGARY/TORONTO, March 14, 2012 /PRNewswire/ - Tony L. Ingram and Edmond L. Harris, Directors of Canadian Pacific and members of the Company's Safety, Operations and Environment Committee, participated in a conference call hosted by BMO Capital Markets on March 13, 2012. Among...
MINNEAPOLIS, MN, March 6, 2012 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) today announced that it will be moving additional Bakken crude oil by unit train rail from a planned industry logistics hub served by its North Dakota network. The Van Hook, North Dakota, facility, to be developed by U.S. Development Group (USD), will handle crude oil and related products from the Bakken formation and will have initial capacity to handle up to 35,000 barrels per day at eight...
CALGARY, Feb. 27, 2012 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX:CP) (NYSE:CP) today declared a quarterly dividend of thirty cents ($0.30) Canadian per share on the outstanding Common Shares. The dividend is payable on April 30, 2012, to holders of record at the close of business on March 30, 2012, and is an eligible dividend pursuant to subsection 89(14) of the Income Tax Act. About Canadian Pacific Canadian Pacific (TSX:CP)(NYSE:CP)...
Legacy Pension issues must be addressed in new contract CALGARY, Feb. 17, 2012 /PRNewswire/ - Citing business imperatives as the reason to address the railway's legacy pension, Canadian Pacific (TSX:CP)(NYSE:CP) today requested the Federal Minister of Labour appoint a conciliator to assist in progressing discussions on a new labour agreement with the union which represents the company's Canadian train crew employees and rail traffic controllers. "The legacy pension costs...
New transload facility to serve NuStar Energy with planned expansion in 2012 CALGARY, Feb. 2, 2012 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) today announced that, by leveraging its North Main Line infrastructure, the company is now shipping crude oil by rail from a new transload facility near Lloydminster, Saskatchewan. This new facility is a key enhancement to CP's growing energy portfolio. It accommodates the initial transload and transportation needs of NuStar...
Says Collaborative Partnerships and Joint Investment can Enhance Canadian Productivity VANCOUVER, Jan. 27, 2012 /PRNewswire/ - Fred Green, President and Chief Executive Officer of Canadian Pacific (TSX:CP) (NYSE:CP), today addressed a meeting of the Vancouver Board of Trade to discuss enhancing Canadian productivity and competitiveness. Addressing findings of various studies, including from the Conference Board of Canada, indicating Canadian businesses are not as productive...
CALGARY, Jan. 23, 2012 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) announced today a 10-year agreement with Canpotex Limited. Under the agreement, CP will be Canpotex's principal Canadian railway, transporting a large majority of potash shipments to Canpotex's main terminal in Vancouver, British Columbia. In addition, in conjunction with Union Pacific, CP will transport all Canpotex potash shipments to Portland, Oregon. To move Canpotex's potash more...
CALGARY, Jan. 19, 2012 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) announced today an agreement with Canadian Tire Corporation Limited (TSX: CTC.a) (TSX: CTC) which extends to early 2017 and awards the railway with the vast majority of Canadian Tire's domestic container traffic. "We're delighted to renew our longstanding partnership with CP," said Pat Sinnott, Executive Vice-President, Supply Chain and Technology, Canadian Tire Corporation. "We rely on...
Company Sends Open Letter to Shareholders CALGARY, Jan. 9, 2012 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) today sent a letter to its shareholders from John Cleghorn, Chairman of the Board of Directors. Highlights of the letter include: -- CP has a Multi-Year Plan verified and endorsed by the Board of Directors to drive volume growth, expand the network and control costs -- Board fully supports CEO and management team...
CALGARY, Dec. 20, 2011 /PRNewswire/ - Canadian Pacific (TSX:CP)(NYSE:CP) will release its fourth-quarter financial and operating results at 7:30 a.m. Eastern time (5:30 a.m. Mountain time) on January 26, 2012. CP will discuss its results with analysts in a conference call beginning at 11:00 a.m. Eastern time (9:00 a.m. Mountain time) on January 26, 2012. CONFERENCE CALL ACCESS Toronto/International participants dial in number: (647) 427-7450 Operator assisted toll free dial in...
