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Articles tagged under: Canadian Pacific Railway

NDGDA Supports CP-KCS Deal

Published April 23, 2021

The North Dakota Grain Dealers Association has filed a letter with the Surface Transportation Board, reiterating its support for the proposed Canadian Pacific acquisition of the Kansas City Southern Railway. This same letter voiced opposition to the bid made by…
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CP Issues 1Q Financials

Published April 22, 2021

Canadian Pacific Railway finished its first quarter with a four percent drop in its revenues, declining from $2 billion last year to $1.9 billion this year. CP moved record amounts of grain during the first three months of its fiscal…
Latest NewsAg Business

USMC Rail Network in the Works

Published March 23, 2021

The first rail network connecting the U.S., Mexico and Canada is in the works. Canadian Pacific Railway and Kansas City Southern have come to a merger agreement worth $29 billion. The two railroad systems come together in Kansas City and…
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A Record Year for CP

Published August 6, 2020

Canadian Pacific Railway moved a record amount of grain and grain products during the 2019-2020 crop year. CP transported 29.5 million tons of grain. That’s ten percent more than the previous record, which was set last year.
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A Record Month for CP Railway

Published May 5, 2020

Canadian Pacific Railway moved an all-time record amount of grain during April. The 2.8 million ton total topped the previous record by 100,000 tons. CP has added 2,500 new grain cars, which carry 15 percent more volume than the rest…
Latest NewsAg Business

CP Has Record First Quarter for Grain Shipments

Published April 21, 2020

The Canadian Pacific Railway moved a record amount of grain in the first quarter. With more than 6.3 million metric tons carried, it beats the 2016 record by 300,000 tons. CP also indicates it plans to add nearly 6,000 new…
Latest NewsAg Business

Record Quarter for Canadian Pacific Railway

Published July 17, 2019

Canadian Pacific Railway is reporting record second quarter revenues of nearly $2 billion. Net income was $724 million, up from $436 million last year. Traffic increased in all categories, with grain shipments at the third highest level ever for CP.
Latest NewsAg Business

Canadian Railway Companies Exceed Grain Revenue Caps

Published January 3, 2019

Canada's two largest railways exceeded grain revenue caps set by the Canadian Transportation Agency. The agency reported that Canadian Pacific Railway and Canadian National Railway over-topped maximum revenue entitlements for the crop year by $1.5 million and $1.04 million respectively.…
Latest NewsAg Business

CP Rail Service Resumes After a Brief Strike

Published May 31, 2018

Union workers are back to work after reaching a tentative deal with Canadian Pacific Railway. The details of the agreement will not be announced until after the ratification vote. This strike lasted less than 24 hours, but it was the…
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Strike Could Impact U.S. Grain Movement

Published May 30, 2018

More than 3,000 conductors and engineers at Canadian Pacific Railway walked off the job Tuesday night. A tentative deal is in place for the International Brotherhood of Electrical Workers. This strike could shut down CP’s freight service north of the…
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