Canadian Pacific Railway News Updates

Business, Logistics

Despite Lower Bid, Canadian Pacific Touts Value of KCS Offer

Canadian Pacific Railway Ltd.’s chief executive officer tried to quash speculation that a bidding war is at hand for Kansas City Southern.

April 28, 2021
Government, Business

Merger Battle for Kansas City Southern Heats Up

An epic battle is in the early stages with Class I railroad powerhouses Canadian National and Canadian Pacific competing with multibillion-dollar bids to purchase the smaller Kansas City Southern railroad.

April 27, 2021
Business, Equipment, Logistics

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

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, 2021
Business

Canadian Pacific Reports 20.7% Earnings Gain in Q4

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

Canadian Pacific Sees Lower Q2 Earnings, Points to Pandemic

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 Reports Lower Net Income, Robust Revenue in Q1

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

Canadian Pacific Reports Record 2Q Earnings

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

Canadian Pacific Reports Second-Quarter Revenue Growth of 7%

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

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 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