CALGARY, Alberta — Canadian Pacific’s earnings slumped in the third quarter due to pandemic-related volume declines, but the railway boosted its outlook for the year and expects to set a fourth-quarter operating ratio record as traffic growth accelerates. CP on Tuesday morning reported its operating income decreased 10%, to $779 million, as revenue fell 6%, to […]
The Quad Cities of Davenport and Bettendorf, Iowa, and Rock Island and Moline, Ill., straddle the Mississippi River, creating an historic intersection of river and rails. In April 1856, the Chicago, Rock Island & Pacific’s predecessors opened the first Mississippi River crossing, known as the Government Bridge, at Davenport. Later, a riverboat struck the bridge […]
Woodstock is a city of 38,000 in southwestern Ontario, located between Hamilton and London. The city promotes itself as “The Friendly City” and is known as the Dairy Capital of Canada. Woodstock is the seat of Oxford County and is a center of automotive manufacturing. Both Canadian National and Canadian Pacific own track through Woodstock, […]
La Crosse, Wis., is a city of 51,000 people located about 150 miles southeast of Minneapolis, Minn. The city was once home to the G. Heileman Brewing Co., maker of Old Style beer. For a city its size, there is a remarkable variety of railroading, with scenery to boot. Train-watchers frequently see motive power of […]
Friday afternoon rail news: CP sets records for Canadian grain movement in third quarter, September Canadian Pacific has reported the latest in a series of records for Canadian grain traffic, setting records of 7.72 million metric tons for the third quarter and 2.8 million metric tons in September. The records continue to reflect the introduction […]
PITTSBURGH, Pa. — The opportunity to gain carload traffic was the main reason Canadian Pacific acquired 481-mile regional railway Central Maine & Quebec, which was once a part of the railway’s historic shortcut from Montreal to the Atlantic at Saint John, New Brunswick. The CMQ — which links the Montreal area with Irving-owned short lines […]
More Tuesday morning rail news: CP, Maersk announce Vancouver transload, distribution facility Canadian Pacific and Maersk, the world’s largest container-ship operator, will build a new transload and distribution facility in Vancouver, British Columbia, expanding CP’s existing Vancouver Intermodal Facility. CP says the facility will apply Maersk’s container logistics strategy and will rely on substantial use […]
Friday morning rail news: CN, CP call Saskatoon shared-main proposal ‘unworkable’ The proposal by the city of Saskatoon, Saskatchewan, to have Canadian National and Canadian Pacific share a rail corridor through the city to decrease traffic disruptions has been shot down by both railroads. CTV News reports both railroads sent letters to City Manager Jeff […]
“The Big Shift,” an article in the October 2020 issue of Trains, is an in-depth look at the shift of international intermodal traffic from the U.S. West Coast to ports on the U.S. East Coast and Gulf Coast, as well as to ports in Western Canada. Canadian Pacific, which serves the Port of Vancouver, has […]
Tuesday afternoon rail news: CP operates first international intermodal train from Saint John In a preview of the railroad’s future plans, Canadian Pacific operated its first international intermodal train from the Port of Saint John, New Brunswick, today. The train carried containers from the Hapag-Lloyd ship Detroit Express, bound for terminals in Canada and the […]
CALGARY, Alberta – Canadian Pacific reaffirmed its commitment to grow traffic at the Port of Saint John and stimulate economic growth and investment in New Brunswick at a meeting with Premier Blaine Higgs on Thursday. With its purchase of the Central Maine & Quebec Railway, CP makes its return to Atlantic Canada with an exceptional […]
CALGARY, Alberta – Canadian Pacific has hauled more Canadian grain and grain products in the 2019-2020 crop production year than any in its 139-year history. In total, CP moved 29.52 million metric tonnes this crop year, exceeding 2019’s record of 26.77 MMT by 10 percent. “The world depends on Canadian farmers for food and we […]
