Insights and Stories on Railway

Jul. 30, 2018 at 12:25 am CDT

Conductors and engineers for Canadian Pacific Railway have voted for labour peace following a 33-hour strike in late May. CP’s 3,100-odd conductors and engineers, represented by the Teamsters Canada Rail Conference (TCRC), announced July 20 they have voted to ratify a four-year agreement. Almost 63 per cent of eligible employees […]

By GFM Staff

Jun. 6, 2018 at 6:31 pm CDT

Montreal | Reuters — Canadian Pacific Railway conductors and locomotive engineers will get a nine per cent salary hike over four years as part of a tentative agreement reached last week with the Teamsters, spokesmen from both the union and CP said on Wednesday. The agreement, which must first be […]

By Allison Lampert

May. 30, 2018 at 8:54 pm CDT

The federal government has announced an “agreement in principle” which will see a new partnership fix up northern Manitoba’s washed-out Hudson Bay Railway and take over the mothballed Port of Churchill. Details of the agreement were slim at best in the government’s announcement Wednesday, except to say the buying group […]

By Staff

May. 4, 2018 at 7:17 pm CDT

CNS Canada — Grain could once again be shipped out of northern Manitoba’s Port of Churchill if all goes according to plan for a new potential ownership group. “The port has got all of the grain handling equipment and simply said, the first thing we want to do is resume […]

By Ashley Robinson - MarketsFarm

Jan. 19, 2018 at 1:55 am CST

U.S. income tax reform and significant increases in non-grain traffic more than offset a dip in Canadian Pacific Railway’s grain handle in its fourth quarter of 2017. Calgary-based CP on Thursday reported net income of $984 million on $1.713 billion in gross revenues in what it described as its “best-ever” […]

By Staff