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Canadian Pacific lone holdout to settlement

2015-08-02 13:38:33| Railroads - Topix.net

Canadian Pacific Railway Ltd. continues to fight a settlement for victims of the July 6, 2013, crash, explosion and fire in Lac-Megantic, Quebec, that killed 47 people and devastated much of the town.

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Trains sit on the Canadian Pacific tracks that run under the Eighth...

2015-07-30 14:23:32| Railroads - Topix.net

Trains sit on the Canadian Pacific tracks that run under the Eighth Street bridge on Tuesday night. A CP spokesperson wouldn't say whether the company would help fix the bridge.

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Canadian Pacific Railway says it plans to eliminate 200 to 300 jobs

2015-07-21 22:28:42| Railroads - Topix.net

A Canadian Pacific Rail maintenance worker climbs onto a locomotive at the company's Port Coquitlam yard east of Vancouver, B.C., on Wednesday May 23, 2012. Canadian Pacific Railway Ltd. is planning more job cuts as the company faces lower than expected freight volumes and earnings THE CANADIAN PRESS/Darryl Dyck A Canadian Pacific Rail maintenance worker climbs onto a locomotive at the company's Port Coquitlam yard east of Vancouver, B.C., on Wednesday May 23, 2012.

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Canadian Pacific Lowers 2015 Outlook After Commodities Cargo Declines

2015-07-21 18:12:10| Railroads - Topix.net

Canadian Pacific Railway cut its forecast for full-year revenue and earnings per-share growth while it seeks to control costs amid a decline in demand for commodities shipments. Revenue growth is expected to be 2% to 3% in 2015, down from a January forecast of 7% to 8% growth, Canadian Pacific announced in a statement.

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Lac-Megantic lawsuit: Judge rejects Canadian Pacific challenge

2015-07-13 22:04:19| Railroads - Topix.net

A Quebec judge has rejected Canadian Pacific Railway Ltd.'s challenge of a court settlement aimed at compensating residents of Lac-Megantic. About 25 companies accused of responsibility in the 2013 train tragedy that killed 47 people have put up a fund of $431.5 million.

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