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December 4, 2012
17:05 EDTCPCanadian Pacific sees full-year operating ratio in 'mid-sixties' for 2016
Financial expectations for the company's plan through to 2016 include: compound annual revenue growth of 4% - 7% off the 2012 base; a full-year operating ratio in the mid-sixties for 2016; cash flow before dividends of $900M-$1.4B in 2016; annual capital spending in the range of $1B-$1.1B over the period. Key Assumptions include: average fuel cost per gallon of $3.45 per U.S. gallon; Defined benefit pension expense of $140M-$150M through 2016; defined benefit pension contributions between $100M-$125M through 2015 increasing to $200M-$300M in 2016; a tax rate of 25%-27%; CP becomes fully cash taxable during the four-year period; Canadian to U.S. exchange rate at par.
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August 29, 2014
09:02 EDTCPTSB deploys investigators to site of Canadian Pacific derailment
The Transportation Safety Board of Canada is deploying a team of investigators near Swift Current, Saskatchewan, where a train operated by Canadian Pacific Railway derailed yesterday, the agency announced. Reference Link
August 20, 2014
06:26 EDTCPU.S. regulators call meeting with BNSF, Canadian Pacific over delays, WSJ says
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