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Articles tagged under: Canadian Pacific Railway

STB Vacates Previous ND Ruling

Published April 18, 2025

The Surface Transportation Board voted unanimously to vacate a previous decision involving a North Dakota grain elevator and its access to the BNSF Railway. In 2007, the STB allowed Canadian Pacific to acquire 45 miles of rail line in northwest…
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Mixed Reaction to Canadian Rail Decision

Published August 29, 2024

The order for all Canadian railway employees to return to work has been met with a mixed response. Teamsters Canada Director of Public Affairs Christopher Manette sees a dangerous precedent for unionized workers. "The federal government has essentially sent the…
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Canadian Railroad Shutdown

Published August 22, 2024

Canada’s two largest railroads shut down on Thursday. North Dakota Grain Dealers Association Executive Vice President Stu Letcher says this directly affects shipments on the Canadian Pacific Railway which dips into Canada. “We’re hoping this will be a short-lived stoppage,”…
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What’s the End Goal?

Published April 6, 2024

The Canadian Pacific Railway decision impacts several grain elevators in North Dakota. State Agriculture Commissioner Doug Goehring is in conversation with the CP to help the company understand the implications of this decision, but there are no guarantees. "It is…
Top StoriesLatest NewsAg Business

Freight Rate Differences

Published April 2, 2024

A decision by Canadian Pacific Railway is impacting shippers moving grain to the Pacific Northwest, including Full Circle Ag at Forman, North Dakota. Grain Division Manager Justin Ostby said CP will not match the BNSF freight prices at neighboring elevators.…
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STB Approves CP-KCS

Published March 16, 2023

The Surface Transportation Board approval of the Canadian Pacific Railway and Kansas City Southern Railway merger takes effect April 14. As part of the STB decision, the new entity must keep access to other Class I railroads available and submit…
Latest NewsAg Business

A Banner Year for CP

Published October 31, 2022

In the third quarter, Canadian Pacific Railway revenues rose nearly 20 percent. CP reached an all-time record for moving grain cars this fall, hitting 6,900 grain cars weekly on two separate occasions. "When it is all said and done, we've…
Latest NewsAg Business

CP Income Declines

Published July 29, 2022

Canadian Pacific Railway reports net second quarter income of $765 million, a decline of nearly 40 percent from one year ago. Costs associated with the planned acquisition of Kansas City Southern and high fuel costs negatively impacted revenues.
Latest NewsAg Business

CP Releases 1Q Financials

Published April 28, 2022

First quarter revenues for Canadian Pacific Railway totaled nearly $1.8 billion, down six percent from one year ago. CP President and CEO Keith Creel said the quarterly financials were influenced by last year’s drought and the impact on grain volumes,…
Latest NewsAg Business

Rail Service Will Be Reviewed at STB Hearing

Published April 22, 2022

On Tuesday and Wednesday, the Surface Transportation Board will take testimony on rail carrier service problems. In late March, the National Grain and Feed Association sent a letter to the STB saying its members have not been able to purchase…
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