Canadian Pacific Railway Reports Increase in Profits, Record Operating Revenue for First Quarter 2016

SUGAR LAND--April 21, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite a weaker economy, freight railroad operator Canadian Pacific Railway Limited (NYSE:CP) (Calgary, Canada) reported an increased net income of 69% for the first quarter of this year, up to C$540 million ($427 million) compared with C$320 million ($253 million) from the same quarter of last year. The company also reported a record-low operating ratio of 58.9%. Industrial Info is tracking nine Canadian Pacific projects worth $355.5 million. Within this article: Provides details on the largest Canadian Pacific project that Industrial Info is tracking Additional companies: Norfolk Southern Corporation (NYSE:NSC)