Canadian Pacific Archives - Page 6 of 7

Norfolk Southern rejects CP’s revised offer

By Reuters, GFM Network News December 15, 2015

Reuters — U.S. railroad operator Norfolk Southern has formally rejected a revised offer from Canadian Pacific Railway (CP), raising the prospect of a proxy battle. CP shareholder Bill Ackman said last week that CP CEO Hunter Harrison and he have both been sounded out by activists interested in a proxy fight with Norfolk Southern. Ackman […] Read more

Crops, Machinery, Reuters

CP revises offer for Norfolk Southern, rebuffed again

By Euan Rocha, GFM Network News December 8, 2015

Reuters — Canadian Pacific Railway (CP) on Tuesday revised its bid to buy U.S. railroad operator Norfolk Southern Corp, less than a week after its prior $28.4 billion proposal was rejected but the new offer was promptly rejected again. Calgary-based CP said it was now offering $32.86 in cash and 0.451 of a share in […] Read more

Crops, Machinery, Reuters

U.S. railway Norfolk Southern rejects CP offer

By GFM Network News December 4, 2015

Reuters — U.S. railroad operator Norfolk Southern said Friday its board had rejected Canadian Pacific Railway’s US$28.4 billion offer, calling it “grossly inadequate” and could face substantial regulatory hurdles. A struggling coal transportation market, suppressed by weak market demand and global oversupply, has weighed on the earnings of Norfolk, making it more vulnerable as a […] Read more

Crops, Machinery, Weather

Manitoba pledges more law on nutrient loading

By Grainews Staff, GFM Network News November 21, 2015

More legislation to cut nutrient loading into Lake Winnipeg and other water bodies is among the shorter-term commitments in the Manitoba government’s latest throne speech. In the speech, which Lt.-Gov. Janice Filmon delivered Monday, Premier Greg Selinger pledges to “work with all partners to reduce nutrient loading” in Lake Winnipeg and work to prevent further spread of […] Read more

Crops, Machinery

Running rights on table in CP bid for Norfolk Southern

By GFM Network News November 17, 2015

Canadian Pacific Railway (CP) says it hopes to unclog one of the most infamous rail traffic bottlenecks in the U.S. with a bid to buy railway Norfolk Southern. Confirming a recent news report on its plans, CP announced Tuesday it has sent an offer letter to Virginia-based NS. The Calgary company didn’t disclose any financial […] Read more

Crops, Machinery, Reuters

CP said exploring Norfolk Southern takeover

By Reuters, GFM Network News November 9, 2015

Reuters — Canadian Pacific Railway (CP) is looking to acquire U.S. peer Norfolk Southern, business news service Bloomberg reported Monday, citing people familiar with the matter. Canada’s second-largest railroad operator has already raised financing and held early-stage merger talks with Norfolk Southern, Bloomberg reported, citing two of the people. Freight carried by major U.S. railroads […] Read more

Crops, Markets

CP books more grain revenue on less grain in Q3

By Grainews Staff, GFM Network News October 25, 2015

Canadian Pacific Railway (CP) boosted its income from Canadian grain by five per cent in its third quarter ending Sept. 30, on its way to its highest-ever Q3 gross revenue. Across all its business segments, the Calgary-based railway on Tuesday reported net income of $323 million on $1.709 billion in revenue for the quarter, down […] Read more

Torch River’s million-dollar loading facility has been running since June 2014. There are four bins, holding 14,000 bushels each.

Crops, Features, News

Torch River facility up and running

Starting short-line railways and local grain handling facilities is hard work, with a good pay-off

By Lisa Guenther July 22, 2015

Setting up a short-line railway takes a good deal of patience and determination, but Saskatchewan farmers are finding it’s a worthwhile endeavour. “I think at the end of the day this is definitely going to be well worth it to our farmers,” said Wayne Bacon, farmer and president of Northern Lights Rail. Northern Lights Rail […] Read more

Crops, Machinery

Arbitrator named for CP talks with running trades

By Grainews Staff, GFM Network News April 25, 2015

The federal government has named its arbitrator to settle a new contract between Canadian Pacific Railway (CP) and its conductors, engineers, trainmen and yardmen. Labour Minister Kellie Leitch on Monday appointed lawyer and professional mediator George Adams as the arbitrator and mediator for talks between CP and its 3,800 unionized running trades workers, represented by […] Read more

Crops, Machinery, Markets, Weather

CN, CP book higher grain revenues in Q1

By Grainews Staff, GFM Network News April 22, 2015

A bump in gross revenue from grain handling helped to improve first-quarter results for both of Canada’s big two railways. Canadian National Railway (CN) on Monday reported overall net income of $704 million on $3.098 billion in revenue for the quarter ending March 31, up from $623 million on $2.693 billion in the year-earlier period. […] Read more

GFM Network News

Huge crops in South America says analyst

U.S. livestock: ‘Cattle on feed’ report supports prices

U.S. grains: Wheat trades near contract lows under ample global supply

Tag Archives Canadian Pacific

Norfolk Southern rejects CP’s revised offer

CP revises offer for Norfolk Southern, rebuffed again

U.S. railway Norfolk Southern rejects CP offer

Manitoba pledges more law on nutrient loading

Running rights on table in CP bid for Norfolk Southern

CP said exploring Norfolk Southern takeover

CP books more grain revenue on less grain in Q3

Torch River facility up and running

Arbitrator named for CP talks with running trades

CN, CP book higher grain revenues in Q1

AgCanadaTV

AgCanadaTV: Your Agriculture News Recap for Dec.19, 2025

Cyber-Savvy Farmer

Latest Market News