Canadian Pacific
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Rail
Canadian Pacific seeks opportunities in its land holdings
The railroad has 1,000 acres it can develop with partnering customers.
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Rail
Revenue decline dampens Canadian Pacific’s Q3 profit
Canadian Pacific’s net income fell 3% in the third quarter.
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Canada
CP to own Detroit River Rail Tunnel in $312M deal
Canadian Pacific Railway will pay $312 million for full ownership of a 1.6-mile tunnel linking U.S.-Canada via Detroit and Windsor
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News
Winter weather, COVID-19, trade uncertainties factor into Canadian railways’ operational plans
CN and Canadian Pacific say they’ll use communication and technology to grapple with winter’s operational challenges.
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Container
CP, Maersk ink deal to develop Vancouver transload and distribution facility
The deal comes amid wider efforts from both companies to expand their reach and increase supply chain efficiency.
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Container
Railways see untapped potential in Atlantic Canada ports
Canadian Pacific and CN say the deepwater ports are key to gaining market share.
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American Shipper
Port of Montreal to reopen Sunday after strike truce
The Port of Montreal is expected to reopen Sunday after longshore workers and employers agreed on a seven-month truce to hash out a new contract.
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Rail
Canadian Pacific celebrates expanded intermodal offerings in Eastern Canada
The railway hopes to build its intermodal presence in the East and bolster the network serving Toronto, Montreal and the U.S. Midwest.
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News
Canadian railways expect steady grain carload volumes in 2020-2021
Canadian Pacific’s and CN’s estimates of grain they expect to haul in 2020-2021 is in line with past projections.
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Rail
Canadian Pacific says mid-50s operating ratio within reach
Despite a 12% drawdown in volumes, CP reached a record second-quarter operating ratio of 57%.
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