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CPKC a 'Powerful Combination' / News / News / Railpage

CPKC a 'Powerful Combination' / News / News / Railpage
railpage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from railpage.com.au Daily Mail and Mail on Sunday newspapers.

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CPKC a 'Powerful Combination' - Railway Age

CPKC a 'Powerful Combination' - Railway Age
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On strength of safety and service CP reports record Q2 revenues of $2.05 billion

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CALGARY, AB, July 28, 2021 /CNW/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced second-quarter operating results, including record Q2 revenues of $2.05 billion, an operating ratio ( OR ) of 60.1 percent, record Q2 adjusted OR of 55.3 percent, record diluted earnings per share ( EPS ) of $1.86 and record adjusted diluted EPS of $1.03.
Our industry-leading team of railroaders delivered another record quarter. I am particularly proud of our all-time record safety performance made possible by the collective efforts of the over 12,000-strong CP family, said Keith Creel, CP President and Chief Executive Officer. The robust base demand environment coupled with our unique growth opportunities has CP extremely well positioned as we head into the second half of the year. ....

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Canadian Pacific Railway Limited (CP) Q2 2021 Earnings Call Transcript

Operator
Good afternoon. My name is Sylvie, and I will be your conference operator today. At this time, I would like to welcome everyone to Canadian Pacific s Second Quarter 2021 Conference Call. The slides accompanying today s call are available at www.cpr.ca. [Operator Instructions] After the speakers remarks, there will be a question-and-answer session. [Operator Instructions]
And I would like to introduce Chris De Bruyn, Managing Director, Investor Relations and Treasury to begin the conference.
Chris De Bruyn
Managing Director, Investor Relations and Treasury
Thank you, Sylvie. Good afternoon, everyone and thank you for joining us today. Before we begin, I want to remind you, this presentation contains forward-looking information. Actual results may differ materially. The risks, uncertainties and other factors that could influence actual results are described on Slide 2 in the press release and in the MD&A filed with Canadian and U.S. regulators. This ....

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Opposition to CN-KCS' Proposed Use of Voting Trust Builds as Stakeholders Voice Anticompetitive and Other Concerns

CP Remains Confident in Superior Status as Only Viable Class 1 Combination with KCS
CALGARY, AB, June 1, 2021 /CNW/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ( CP ) today announced that more than 130 stakeholders have filed statements with the Surface Transportation Board ( STB ) requesting the STB reject Canadian National s ( CN ) proposed use of a voting trust. This brings the total letters submitted to more than 960, including 250-plus expressing concern about CN and Kansas City Southern s ( KCS ) combination, its use of a voting trust, or both, and more than 730 in support of CP-KCS.
The opposition letters – from a range of stakeholders including shippers, ports, local governments, transportation associations and other stakeholders – highlight the extensive risks the proposed CN-KCS voting trust poses to competition by reducing shipper options. Stakeholders also expressed strong concerns over the likelihood of reduced service quality and infrastructu ....

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