GO
Loading...

Canadian Pacific Railway Ltd

More

  • OTTAWA, Feb 16- Canadian Pacific Railway and the Teamsters Canada union have agreed to seek mediated arbitration, ending a one-day strike at the country's No. 2 railway, Canada's labour minister said on Monday. "The strike is over," Labour Minister Kellie Leitch told reporters. The government had planned to introduce back-to-work legislation on Monday afternoon...

  • TORONTO/ CALGARY, Feb 15- Canadian Pacific Railway Ltd began operating a reduced freight schedule run by its managers on Sunday, after talks on a new contract broke down and more than 3,000 train engineers and conductors walked off the job. Canada's No. 2 railway and the Teamsters Canada Rail Conference failed to agree on terms including on scheduling and rest...

  • Canada's second-largest railway and the Teamsters Canada Rail Conference could not agree on scheduling and rest time before a midnight deadline passed. Commuters in Montreal will also feel the effects, since CP operates some commuter trains in Canada's second largest city. Canada's Labour Minister Kellie Leitch, who intervened in the talks on Friday to try...

  • TORONTO, Feb 15- Canadian Pacific Railway's train engineers and conductors walked off the job on Sunday as a midnight deadline to reach agreement on a new contract passed, setting the stage for back-to-work legislation to be enacted by the government. Canada's No. 2 railway had reached a last-minute deal with another union, Unifor, which represents safety and...

  • TORONTO, Feb 14- Canadian National Rail said on Saturday that it has reached a tentative labor agreement with the union representing its train engineers in Canada. Canada's largest railway said the deal with the Teamsters Canada Rail Conference, which covers about 1,800 locomotive engineers, will be put to a ratification vote by mid-April, when results will be...

  • OTTAWA/ TORONTO, Feb 13- The Canadian government said on Friday it had joined contract talks between Canadian Pacific Railway Ltd and unionized staff ahead of a possible weekend strike, but it also began laying the groundwork to introduce back-to-work legislation. Leitch was in Montreal on Friday and "is personally intervening to encourage all parties to work...

  • UPDATE 2-CP Rail faces a weekend strike; says it is ready Wednesday, 11 Feb 2015 | 1:53 PM ET

    TORONTO, Feb 11- Canadian Pacific Railway Ltd said on Wednesday its managers will be ready to take over if engineers and conductors in Canada walk off the job on Sunday, as talks to try to avert a strike at the country's No. 2 railway continued. CP, which also has a substantial U.S. network, said the Teamsters represent more than 3,000 active locomotive engineers and...

  • UPDATE 1-CP Rail says it is ready for a strike Wednesday, 11 Feb 2015 | 10:43 AM ET

    TORONTO, Feb 11- Canadian Pacific Railway Ltd managers will be ready to take over if train engineers and conductors in Canada strike this weekend, Chief Operating Officer Keith Creel said on Wednesday. CP, which also has a substantial U.S. network, said the Teamsters unit represents more than 3,000 active locomotive engineers and conductors.

  • Jan 22- Canadian Pacific Railway Ltd, Canada's second-largest railroad operator, reported a higher-than-expected quarterly profit as freight volumes jumped and operating efficiency improved. Net income rose to C $451 million, or C $2.63 per share, from C $82 million, or 47 Canadian cents per share, a year earlier, when the company had taken an impairment charge...

  • 5 ways to play oil's steep decline Tuesday, 13 Jan 2015 | 7:19 PM ET
    Pumpjacks pump petroleum from the ground.

    Putting money into the commodity itself was among the moves CNBC "Fast Money" traders would make at current prices.

  • UPDATE 1-CP Rail workers set Feb. 15 strike deadline Tuesday, 13 Jan 2015 | 5:33 PM ET

    TORONTO, Jan 13- About 1,650 Canadian Pacific Railway Ltd workers represented by the Unifor union have set a Feb. 15 strike deadline to back contract demands, Unifor said on Tuesday. Bargaining, which started in September, is set to resume in Calgary this week after a holiday break. Unifor is Canada's biggest private sector union.

  • Your first trade for Wednesday Tuesday, 2 Dec 2014 | 6:36 PM ET
    Fast Money Final Trade: FXC, EWZ, M, TLT

    The "Fast Money" traders give their final trades of the day.

  • ENDERLIN, N.D., Nov 25- After her shift at the TraXside Cafe in the southeast North Dakota hamlet of Enderlin, all Karla Souer wants to do is go home. That's because, chances are, there's a Canadian Pacific Railway Ltd train blocking the tracks somewhere on her route. Desperate for a solution, Enderlin's city councilors last month banned train breaks longer than 10...

  • FACTBOX-Five facts about Keystone XL pipeline Thursday, 13 Nov 2014 | 2:34 PM ET

    House of Representatives prepared to vote on Friday to approve TransCanada Corp's controversial Keystone XL oil pipeline that will help transport oil from Canada to the U.S. The Senate could take up the bill next week, possibly on Tuesday, setting up a potential showdown with the White House. The 1,179- mile pipeline would move 830,000 barrels per day of oil...

  • David Gerstenhaber

    Delta Air Lines stock headed higher despite a strong run-up, Argonaut Capital's David Gerstenhaber says.

  • Early Movers: HD, GPS, NKE, KING, SHLD & more Friday, 7 Nov 2014 | 8:06 AM ET

    Some of the names on the move ahead of the open.

  • No way to run a railroad! Amtrak's woes deepen Tuesday, 4 Nov 2014 | 11:38 AM ET
    Amtrak train pulls into the train station at Emeryville, California.

    As more goods travel by rail, Amtrak and other railway systems are seeing mounting collateral damage: gridlock.

  • WINNIPEG, Manitoba, Oct 28- Barring a sudden pile-up of grain across Western Canada in the next five weeks, Ottawa will lift requirements that railways move minimum volumes of crops, Agriculture Minister Gerry Ritz said in an interview. Ottawa responded with regulations forcing railways to move about 1 million tonnes per week combined. If Ottawa lifts its...

  • TORONTO, Oct 21- Canadian Pacific Railway Ltd is still open to a merger with one of the two bigger eastern U.S. carriers even after talks with CSX Corp failed, though a hostile bid is unlikely, Chief Executive Hunter Harrison said on Thursday. Norfolk Southern Corp is the other of the two bigger U.S. railways based east of Chicago. Without mentioning Norfolk Southern...

  • Oct 21- Canadian Pacific Railway Ltd reported higher third-quarter earnings and revenue on Tuesday as its operating ratio, a key efficiency measure, set a new record. Earnings and revenue fell short of analyst expectations, but shares rose 1.8 percent to C $225.45 on the Toronto Stock Exchange, in line with rival Canadian National Railway Co.