CALGARY — Canadian Pacific employees will pause to honor workers who have perished or have been injured in the workplace at 11 a.m. local time on Monday, April 28, the designated International Day of Mourning.
“Each year we remember those employees who have lost their lives or suffered injury in occupational incidents in an effort to […]

CALGARY — Canadian Pacific Railway Limited announced its first-quarter results, and net income in the first quarter was $91 million, a decrease of 29 per cent from $129 million in 2007, and diluted earnings per share was $0.59, a decrease of $0.23 from $0.82 in the first quarter of 2007.
Diluted earnings per share, excluding the […]

WASHINGTON — A second railroad is now participating in a major federal rail safety pilot program designed to allow employees the ability to voluntarily and anonymously report “close call” incidents that could have resulted in an accident but did not, announced Federal Railroad Administrator Joseph H. Boardman.
“This risk-reduction program provides an indispensable opportunity to analyze […]

CALGARY — The Teamsters Canada Rail Conference (TCRC), representing 4,500 locomotive engineers and conductors, and Canadian Pacific yesterday (Dec. 5) reached a revised tentative five-year contract settlement.
The Memorandum of Settlement will now be sent to the union membership for ratification, which is expected to conclude within the next eight weeks.
Details of the tentative agreement will […]

ROCHESTER, Minn. — Canadian Pacific and the Mayo Clinic, on behalf of Rochester residents, have conducted their first face-to-face meeting, and officials said they made a commitment to continue their dialogue following the railroad’s recent acquisition of the Dakota, Minnesota, and Eastern Railroad (DM&E).
“We had a very open and constructive dialogue and we left with […]

CALGARY — Canadian Pacific Railway Limited has completed the transaction to acquire Dakota, Minnesota & Eastern Railroad Corporation and its subsidiaries (DM&E). The agreement was previously announced on Sep. 4, 2007.
The transaction is subject to review and approval by the U.S. Surface Transportation Board (STB), pending which the shares of DM&E have been placed into […]

CALGARY– Canadian Pacific Railway Limited said it has reached an agreement to acquire the Dakota, Minnesota & Eastern Railroad Corporation and its subsidiaries (DM&E) for $1.48 billion.
With this value-enhancing transaction, Canadian Pacific expands its current network by approximately 2,500 miles and increases its access to U.S. Midwest markets including agri-products, coal and ethanol. The deal […]

OTTAWA — The Teamsters Canada Rail Conference - Maintenance of Way Employees Division (TCRC-MWED) and Canadian Pacific reached a tentative three-year contract settlement.
The agreement follows a national strike which began on May 15th. Workers could be back in their positions over the next few days.
The Memorandum of Settlement will be sent to the union membership […]

CALGARY – Canadian Pacific Railway plans to spend $885 million to $895 million in 2007 on capital programs.This is an increase from its 2006 program of roughly $845 million.
“CPR’s planned capital investments are targeted at further improving the fluidity of our network, while maintaining the reliability and safety of our infrastructure,” said Fred Green, President […]

CALGARY, Alberta – Canadian Pacific Railway and its clerical and intermodal workers, represented by the United Steelworkers (USW), have ratified a collective agreement.
The three-year agreement extends to the end of 2009. It provides improvements for wages and benefits. In addition, a number of work-life balance provisions have been implemented, which are designed to improve retention […]