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CALGARY, AB, Feb. 1, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) and the Teamsters Canada Rail Conference Rail Canada Traffic Controllers (TCRC-RCTC) are pleased to announce a tentative three-year agreement. I want to congratulate the TCRC-RCTC and CP s negotiating team on this successful outcome, said CP President and CEO Keith Creel. This is positive news for these important members of our CP family, who are integral to our safe and efficient operation.
The TCRC-RCTC represents approximately 300 rail traffic controllers in Canada. We believe this tentative agreement is in the best interests of our members, and look forward to its successful ratification, said TCRC-RCTC General Chair Jason Bailey.
A CP trained derailed near Minneapolis yesterday.
Canadian Pacific
Canadian Pacific Railway Limited yesterday announced its fourth-quarter results, including revenues of $2.01 billion, a record-low operating ratio (“OR”) of 53.9 percent, diluted earnings per share (“EPS”) of $5.95 and record adjusted diluted EPS of $5.06.
Fourth-quarter 2020 highlights
OR improved by 310 basis points (bps) to 53.9 percent
Diluted EPS improved 23 percent to $5.95, from $4.82 in Q4 2019, while adjusted diluted EPS rose 6 percent to record $5.06, from $4.77 in Q4 2019
“With a foundation of strong operational performance and a commitment to controlling what we can, the team continues to deliver,” said Keith Creel, CP President and CEO. “Despite the continued COVID-19 impacts, volumes steadily improved over the second half of 2020 and we saw revenue ton mile (“RTM”) growth in the fourth quarter.”
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CALGARY, AB, Jan. 27, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced its fourth-quarter results, including revenues of $2.01 billion, a record-low operating ratio ( OR ) of 53.9 percent, diluted earnings per share ( EPS ) of $5.95 and record adjusted diluted EPS of $5.06.
Fourth-quarter 2020 highlights
OR improved by 310 basis points (bps) to 53.9 percent
Diluted EPS improved 23 percent to $5.95, from $4.82 in Q4 2019, while adjusted diluted EPS rose 6 percent to record $5.06, from $4.77 in Q4 2019 With a foundation of strong operational performance and a commitment to controlling what we can, the team continues to deliver, said Keith Creel, CP President and CEO. Despite the continued COVID-19 impacts, volumes steadily improved over the second half of 2020 and we saw revenue ton mile ( RTM ) growth in the fourth quarter.
Canadian Pacific Railway Limited declares dividend
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CALGARY, AB, Jan. 26, 2021 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of $0.95 per share on the outstanding Common Shares.
The dividend is payable on April 26, 2021 to holders of record at the close of business on March 26, 2021, and is an eligible dividend for purposes of the
Income Tax Act (Canada) and any similar provincial/territorial legislation.
About Canadian Pacific
Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to
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