CP Archives | Page 3 of 15 | Alberta Farmer Express

Rail lines en route to the Port of Searsport, Maine. (BWFolsom/iStock/Getty Images)

CP to buy direct line through Quebec, Maine

By GFM Staff November 25, 2019

Canadian Pacific Railway (CP) is set to buy its way back into Quebec’s Eastern Townships and through to eastern ports with a deal for Central Maine and Quebec Railway (CMQ). Calgary-based CP announced Wednesday it has a deal with CMQ’s owner, Fortress Transportation and Infrastructure Investors (FTAI), to buy the railway’s 774 km of rail […] Read more

Crops

Third-quarter grain handle down for CN, CP

By GFM Staff October 24, 2019

Canada’s Big Two railways both booked reduced traffic but increased their revenue per carload in their grain handling segments for their third fiscal quarters ending Sept. 30. Canadian National Railway on Tuesday reported third-quarter net income of $1.195 billion on $3.83 billion in total revenues, up from $1.134 billion on $3.688 billion in the year-earlier […] Read more

Crops, Machinery & Shop

Railways book higher grain freight revenue for Q1

By GFM Staff May 6, 2019

Canada’s big two railways reported somewhat higher revenue from handling grain during their fiscal quarter ending March 31, despite both companies reporting winter weather woes. Canadian Pacific Railway (CP) on April 23 reported grain segment revenue of $380 million for the quarter, up six per cent from the year-earlier period, on about 92,800 grain carloads, […] Read more

Crops, Machinery & Shop

Prairie grain freight cost index adjusted upward

By GFM Staff, GFM Network News May 4, 2019

Corrected, May 6, 2019 and Jan. 7, 2021 — Canada’s big two railways can expect a small raise in the amount of revenue they get to keep from hauling Prairie grain in the coming crop year. The Canadian Transportation Agency (CTA) on Tuesday announced it will set the volume-related composite price index (VRCPI) at 1.4371 […] Read more

Crops, Machinery & Shop

Railways to appeal federal order on train braking

By GFM Staff March 8, 2019

A ministerial order requiring railways to apply handbrakes on trains stopped on mountain grades is the subject of an appeal by Canada’s big two railways. Canadian Pacific Railway (CP) said Friday it will appeal the Feb. 8 order, which federal Transport Minister Marc Garneau issued following the Feb. 4 fatal crash of a grain train […] Read more

Crops, Markets, Pulses

Pulse weekly outlook: Little excitement in market

By Glen Hallick - MarketsFarm February 19, 2019

The pulse market has been largely quiet for the last couple of months, according to Adam Krieser of CanPulse Foods in Saskatoon, although rail shipments were curtailed due to weather and other issues including a fatal crash. Three Canadian Pacific Railway crew members were killed Feb. 4 when a grain train derailed on CP’s mainline […] Read more

Crops, Machinery & Shop

CP mainline through Rockies reopened after crash

By GFM Staff February 9, 2019

Canadian Pacific Railway’s mainline through the Rocky Mountains has reopened to traffic following a grain train derailment that killed three railroaders Monday. Calgary-based CP announced late Friday its mainline through Field, B.C. was reopened at midday Wednesday “in close collaboration with Transport Canada, and upon completion of all necessary safety checks.” Meanwhile, CP said Friday, […] Read more

Crops, Machinery & Shop, Reuters

CP grain train ‘began to move on its own’ before fatal derailment

By Reuters February 5, 2019

Winnipeg | Reuters — A Canadian Pacific Railway train was parked for a change of crew when it unexpectedly rolled down a steep embankment and derailed in British Columbia’s Rocky Mountains on Monday, killing three crew members, a transport regulator said. The train, hauling 112 cars of grain, was parked for two hours at the […] Read more

Crops, Machinery & Shop, Reuters, Weather

Three crew die in CP grain train derailment

By Reuters February 4, 2019

Toronto | Reuters — Three crew members died on Monday when a Canadian Pacific Railway grain train derailed in British Columbia, a Transportation Safety Board (TSB) spokesman said. The accident occurred when a train carrying 40 to 60 grain hopper cars derailed near Field, B.C., the TSB spokesman said. TSB is investigating the cause of […] Read more

Crops, Machinery & Shop

CP books higher Q4 grain revenue on reduced handle

By GFM Staff January 30, 2019

Increased revenue from grain handling — albeit on a slightly lower overall grain handle — helped Canadian Pacific Railway improve its fourth-quarter and year-end gross for 2018. Calgary-based CP on Jan. 23 reported overall net income of $545 million on $2.006 billion in revenues for its fourth quarter ending Dec. 31, down from $984 million […] Read more

Compensation programs hatched for feather sectors

Agropur to shut Winnipeg fluid milk plant

U.S. grains: Soy, corn rise as funds step in after two losing sessions

GFM Network News

Compensation programs hatched for feather sectors

Agropur to shut Winnipeg fluid milk plant

U.S. grains: Soy, corn rise as funds step in after two losing sessions

Tag Archives CP — page 3

CP to buy direct line through Quebec, Maine

Third-quarter grain handle down for CN, CP

Railways book higher grain freight revenue for Q1

Prairie grain freight cost index adjusted upward

Railways to appeal federal order on train braking

Pulse weekly outlook: Little excitement in market

CP mainline through Rockies reopened after crash

CP grain train ‘began to move on its own’ before fatal derailment

Three crew die in CP grain train derailment

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