Insights and Stories on Cp

Jan. 19, 2017 at 4:53 am CST

A reduced Prairie grain handle has taken a bite out of the year-end gross for Canadian Pacific Railway in what’s turned out to be CEO Hunter Harrison’s last year on the job. Calgary-based CP on Wednesday announced full-year net income of $1.599 billion on $6.232 billion in gross revenues, up […]

By Staff

Jan. 3, 2017 at 7:32 pm CST

The Western Grains Research Foundation (WGRF) can soon expect a late gift of over $4.4 million in surplus Prairie grain freight revenue, according to a new ruling from the Canadian Transportation Agency. The agency said Dec. 22 it has determined Canadian Pacific Railway (CP) and Canadian National Railway (CN) went […]

By Staff

Oct. 19, 2016 at 7:11 pm CDT

Rain delays in this year’s Prairie grain harvest have bit into third-quarter revenues and earnings expectations for Canadian Pacific Railway (CP). The Calgary company on Wednesday booked overall net income of $347 million on revenues of $1.554 billion for its quarter ending Sept. 30. While net income was up seven […]

By Staff

Oct. 14, 2016 at 8:16 pm CDT

Canadian Pacific Railway plans to launch a new weekly “supply chain scorecard” next week, to chart its own performance handling Prairie grain. The Calgary company announced the new program Friday for an online launch Wednesday (Oct. 19), noting the scorecard “will include, when necessary, detailed information on any internal or external […]

By Staff

Oct. 14, 2016 at 2:06 pm CDT

Winnipeg | Reuters — Canada’s big railways are pressing Ottawa to loosen rules around hauling the country’s crops — changes they say would improve efficiency but that farmers fear would weaken their bargaining power. A February report recommended that Ottawa institutes transportation system changes, including phasing out a 16-year-old cap […]

By Rod Nickel