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2018 Annual Report Built Drive to Growth
BUILT TO DRIVE GROWTH 2018 ANNUAL REPORT BUILT TO DRIVE BUILT GROWTH CP 2018 ANNUAL REPORT PERFORMANCE HIGHLIGHTS $ in millions, except per share data, ratios or unless otherwise indicated 2014 2015 2016 2017 2018 EXCHANGELISTINGS FINANCIAL HIGHLIGHTS Total revenues $ 6,620 $ 6,712 $ 6,232 $ 6,554 $ 7,316 The common shares of Canadian Pacific Railway Limited are (1) Operating income 2,202 2,618 2,411 2,519 2,831 listed on the Toronto and New York stock exchanges under Adjustedoperatingincome(1)(2) 2,198 2,550 2,411 2,468 2,831 the symbol CP. Operating ratio (1) 66.7% 61.0% 61.3% 61.6% 61.3% Adjusted operating ratio (1)(2) 66.7% 62.0% 61.3% 62.4% 61.3% Net income 1,476 1,352 1,599 2,405 1,951 Adjusted income (2) 1,482 1,625 1,549 1,666 2,080 CONTACTUS Diluted earnings per share (EPS) 8.46 8.40 10.63 16.44 13.61 Investor Relations AdjusteddilutedEPS(2) 8.50 10.10 10.29 11.39 14.51 Email: [email protected] Cash from operations 2,123 2,459 2,089 2,182 2,712 Free cash (2) 969 1,381 1,007 874 1,289 Canadian Pacific Investor Relations Return on invested capital (ROIC) (2) 14.4% 12.9% 14.4% 20.5% 15.3% 7550 Ogden Dale Road S.E. Adjusted ROIC (2) 14.5% 15.2% 14.0% 14.7% 16.2% Calgary, AB, Canada T2C 4X9 Shareholder Services STATISTICAL HIGHLIGHTS(3) Email: [email protected] Revenue ton-miles (RTMs) (millions) 149,849 145,257 135,952 142,540 154,207 Canadian Pacific Shareholder Services Carloads (thousands) 2,684 2,628 2,525 2,634 2,740 Office of the Corporate Secretary Gross ton-miles (GTMs) (millions) 272,862 263,344 242,694 252,195 275,362 7550 Ogden Dale Road S.E. -
Prices and Costs in the Railway Sector
ÉCOLE POLYTECHNIQUE FÉDÉRALEDE LAUSANNE ENAC - INTER PRICESPRICES AND AND COSTS COSTS ININ THE THE RAILWAY RAILWAY SECTOR SECTOR J.P.J.P. Baumgartner Baumgartner ProfessorProfessor JanuaryJanuary2001 2001 EPFL - École Polytechnique Fédérale de Lausanne LITEP - Laboratoire d'Intermodalité des Transports et de Planification Bâtiment de Génie civil CH - 1015 Lausanne Tél. : + 41 21 693 24 79 Fax : + 41 21 693 50 60 E-mail : [email protected] LIaboratoire d' ntermodalité des TEP ransports t de lanification URL : http://litep.epfl.ch TABLE OF CONTENTS Page 1. FOREWORD 1 2. PRELIMINARY REMARKS 1 2.1 The railway equipment market 1 2.2 Figures and scenarios 1 3. INFRASTRUCTURES AND FIXED EQUIPMENT 2 3.1 Linear infrastructures and equipment 2 3.1.1 Studies 2 3.1.2 Land and rights 2 3.1.2.1 Investments 2 3.1.3 Infrastructure 2 3.1.3.1 Investments 2 3.1.3.2 Economic life 3 3.1.3.3 Maintenance costs 3 3.1.4 Track 3 3.1.4.1 Investment 3 3.1.4.2 Economic life of a main track 4 3.1.4.3 Track maintenance costs 4 3.1.5 Fixed equipment for electric traction 4 3.1.5.1 Investments 4 3.1.5.2 Economic life 5 3.1.5.3 Maintenance costs 5 3.1.6 Signalling 5 3.1.6.1 Investments 5 3.1.6.2 Economic life 6 3.1.6.3 Maintenance costs 6 3.2 Spot fixed equipment 6 3.2.1 Investments 7 3.2.1.1 Points, switches, turnouts, crossings 7 3.2.1.2 Stations 7 3.2.1.3 Service and light repair facilities 7 3.2.1.4 Maintenance and heavy repair shops for rolling stock 7 3.2.1.5 Central shops for the maintenance of fixed equipment 7 3.2.2 Economic life 8 3.2.3 Maintenance costs 8 4. -
Transport Vehicles and Freight Containers on Flat Cars
Pipeline and Hazardous Materials Safety Admin., DOT § 174.61 For the applicable address and tele- is also within the limits of the design phone number, see § 107.117(d)(4) of this strength requirements for the doors. chapter. A leaking bulk package con- [Amdt. 174–83, 61 FR 28677, June 5, 1996, as taining a hazardous material may be amended at 68 FR 75747, Dec. 31, 2003; 76 FR moved without repair or approval only 43530, July 20, 2011] so far as necessary to reduce or to eliminate an immediate threat or harm § 174.57 Cleaning cars. to human health or to the environment All hazardous material which has when it is determined its movement leaked from a package in any rail car would provide greater safety than al- or on other railroad property must be lowing the package to remain in place. carefully removed. In the case of a liquid leak, measures must be taken to prevent the spread of § 174.59 Marking and placarding of liquid. rail cars. [65 FR 50462, Aug. 18, 2000] No person may transport a rail car carrying hazardous materials unless it is marked and placarded as required by Subpart C—General Handling and this subchapter. Placards and car cer- Loading Requirements tificates lost in transit must be re- placed at the next inspection point, § 174.55 General requirements. and those not required must be re- (a) Each package containing a haz- moved at the next terminal where the ardous material being transported by train is classified. For Canadian ship- rail in a freight container or transport ments, required placards lost in tran- vehicle must be loaded so that it can- sit, must be replaced either by those not fall or slide and must be safe- required by part 172 of this subchapter guarded in such a manner that other or by those authorized under § 171.12. -
WU Advertorials
volume three, number three a supplement to walthers ho, n&z and big trains reference books Bachmann Unveils New E-Z Command® System Digital Command Control (DCC) is features one-button, main track opening new frontiers for model programming and plug-in wiring to railroaders, providing more realistic make getting started quick and easy. operations on any layout. For many And, it’s compatible with all DC and modelers however, choosing a starter DCC systems. system can be the most difficult part of The basic starter set (#160-44902) getting started. includes a Control Center, Wall Answering the need for a system that’s Transformer and Plug-In Wire. easy to use, affordable and incorporates Modelers who are just getting started the latest technology, Bachmann has can choose three complete sets (#160- teamed with Lenz to produce the new 44904 - ATSF, #160-44905 – Chessie EZ-Command System for HO scale. or #160-44906 - NS) that include a decoder-equipped GP40 diesel. Designed for modelers of any skill level, the system provides 128-step speed control for smooth A new series of decoder-equipped, ready-to-run FT-A and B performance, with independent control of lighting and direction unit diesels will also be available separately to expand for multiple locos. Unlike some starter systems, EZ-Command operations. Nuremberg Toy Fair Showcases Exciting New Models Highlights for HO modelers this year include new American GMC “Fishbowl” city buses from Busch. These models are typical of those used in most major American cities and will be offered in two colors, and decorated for a Los Angeles city bus. -
AAPRCO & RPCA Members Meet to Develop Their Response to New Amtrak Regulations
Volume 1 Issue 6 May 2018 AAPRCO & RPCA members meet to develop their response to new Amtrak regulations Members of the two associations met in New Orleans last week to further develop their response to new regulations being imposed by Amtrak on their members’ private railroad car businesses. Several of those vintage railroad cars were parked in New Orleans Union Station. “Most of our owners are small business people, and these new policies are forcing many of them to close or curtail their operations,” said AAPRCO President Bob Donnelley. “It is also negatively impacting their employees, suppliers and the hospitality industry that works with these private rail car trips,” added RPCA President Roger Fuehring. Currently about 200 private cars travel hundreds of thousands of miles behind regularly scheduled Amtrak trains each year. Along with special train excursions, they add nearly $10 million dollars in high margin revenue annually to the bottom line of the tax-payer subsidized passenger railroad. A 12% rate increase was imposed May 1 with just two weeks’ notice . This followed a longstanding pattern of increases taking effect annually on October 1. Cost data is being developed by economic expert Bruce Horowitz for presentation to Amtrak as are legal options. Members of both organizations are being asked to continue writing their Congress members and engaging the press. Social media is being activated and you are encouraged to follow AAPRCO on Facebook and twitter. Successes on the legislative front include this Congressional letter sent to Amtrak's president and the Board and inclusion of private car and charter train issues in recent hearings. -
Chapter 5 Logistics--Su Pply
CHAPTER 5 LOGISTICS--SU PPLY Section i. GENERAL 5.1. Use of Logistical Data 5.2. General Supply Factors The logistical data contained in this and the a. The following broad general factors are succeeding four chapters (Logistics-Evacua- useful for very long-range planning where the tion and Hospitalization; Logistics-Transpor- figures in the remainder of this chapter are too tation; Logistics-Service ; Logistics-Manage- detailed. They should be used only in forming ment) are of the type suitable for first approxi- rough estimates in logistical planning or as mation planning. They are, in the most part, "rule of thumb" checks against the calculations based on World War IL and Korean experience, of technical planners. The overall theater fac- modified to reflect changes in concept and tors given below include only military require- organization. Detailed logistical planning ments and are based on the following ratios be- should be based upon the references listed in tween ground and air: For each division slice the foreword. of approximately 40,000 men, there will be 2 air-wing slices of 5,000 men each ( par. 5.47a). b. Initial Equipment and Initial 30 Days of Maintenance.' 3 5 6 1 7 Total requirement per man Procured in in the theater Shipped from Z12 theater of2 (Army plus Air)' operations 1 Item --- Meas Short Long Meas Short Long Short Long tons tons tons tons tons tons tons tons per man per man per man per man per man per man per man per man 2 Initial equipment------------------------ 4.0 1.50 1.33 4.0 1.50 1.33 30 days' maintenance: 3 Dry cargo----------------------------1.0 .68 .60 .8 .54 .48 .14 .12 4 Bulk POL----------------------------3.43 .30 .26 3.43 .3 .26 0. -
November/December 2020
Nov. – Dec. 2020 Issue Number 865 Editor’s Comments The next Membership meeting will be a virtual Zoom meeting at 7:30 p.m. Thursday, January 7. Inside This Issue If you know someone who wants to view the meeting, either a visiting railfan or an interested person, it is okay to pass the Editor’s Comments 1 link onto them (but please do not send to large groups). Inside This Issue 1 Watch for an email with meeting sign-in details. Club Officers 1 President’s Comments You will notice that this issue is a bit longer than our normal. 2 We decided that it was time to better coordinate the issue Amtrak News 2 month with the calendar, so this issue is a one-time combina- Pictures from Many of the CRRC Steam Trips 3-6 tion of two months of H & M. In January, we will return to our typical monthly issue of 16 pages. In the meantime, Virtual Railfanning in Time of COVID-19 7 please enjoy this month’s articles and its many photos. Santa Fe, Ohio? 8-9 Happy Holidays! Let’s all have a safe and happy New Year! A Visit to Kentucky Steam Heritage Corporation 10-15 Railfan’s Diary 16-21 Do you have thoughts and questions that you’d like to Steam News 22-27 share in future Headlight & Markers? Meeting Notice 28 Send electronic submissions to: [email protected] Perhaps you’ve thought of submitting an article or two --- now would be a great time to do so! Dave Puthoff Club Officers Club Email: [email protected]. -
N Scale SW1500 Locomotives & Train
January 2017 Denver & Rio Grande Western® Road Number 810419 This 89’ tri-level closed autorack is orange with black lettering and aluminum roof and runs on Barber Roller Bearing trucks. Built in 1979 as part of series 810352-810456, this enclosed autorack design became the universal standard for most railroads by the mid 1970s, as it prevents vandalism and pilferage and helps to protect vehicles from the elements. This D&RGW marked autorack rides on an ETTX flat. DRGW® is a registered trademark of the Union Pacific Railroad. #111 00 220...$44.95 Shell Oil Louisville & Nashville Road Numbers SCMX 1005/1006 Road Number 41044 These 39’ single dome tank cars are aluminum with black lettering and run on Bettendorf trucks. Built This 50’ auto box car with double side doors and end door is grey with yellow ends and roof and in 1941 at the Milton, PA plant and assigned road numbers 1005 and 1006, these cars were used in the one yellow door and runs on Bettendorf trucks. The Louisville & Nashville railroad used boxcars and transportation of chemical solvents and raw materials for synthetic rubbers. piggyback trailers for transporting company material between cities. Originally red with white reporting marks, they were repainted into the yellow and grey scheme, denoting company materials service in the ONLY TWO NUMBERS early 1970s. #065 00 921...$26.90 #065 00 922...$26.90 #078 00 140...$27.90 Port Huron & Detroit NASA Series Road Number PHD 1042 Road Number NLAX 127 This 50’ rib side box car with single door and no roofwalk is blue with white band and herald and runs on Barber This 57’ converted TOFC flat car is brown with white lettering and runs on Barber Roller Bearing trucks. -
Pullman Company Archives
PULLMAN COMPANY ARCHIVES THE NEWBERRY LIBRARY Guide to the Pullman Company Archives by Martha T. Briggs and Cynthia H. Peters Funded in Part by a Grant from the National Endowment for the Humanities Chicago The Newberry Library 1995 ISBN 0-911028-55-2 TABLE OF CONTENTS Introduction ............................................. v - xii ... Access Statement ............................................ xiii Record Group Structure ..................................... xiv-xx Record Group No . 01 President .............................................. 1 - 42 Subgroup No . 01 Office of the President ...................... 2 - 34 Subgroup No . 02 Office of the Vice President .................. 35 - 39 Subgroup No . 03 Personal Papers ......................... 40 - 42 Record Group No . 02 Secretary and Treasurer ........................................ 43 - 153 Subgroup No . 01 Office of the Secretary and Treasurer ............ 44 - 151 Subgroup No . 02 Personal Papers ........................... 152 - 153 Record Group No . 03 Office of Finance and Accounts .................................. 155 - 197 Subgroup No . 01 Vice President and Comptroller . 156 - 158 Subgroup No. 02 General Auditor ............................ 159 - 191 Subgroup No . 03 Auditor of Disbursements ........................ 192 Subgroup No . 04 Auditor of Receipts ......................... 193 - 197 Record Group No . 04 Law Department ........................................ 199 - 237 Subgroup No . 01 General Counsel .......................... 200 - 225 Subgroup No . 02 -
1991 Rail Vs Truck Fuel Efficiency
Rail vs. Truck Fuel Efficiency: U.S. Department The Relative Fuel Efficiency of Truck of Transportation Competitive Rail Freight and Federal Railroad Administration Truck Operations Compared in a Range of Corridors Office of Policy FINAL REPORT Abacus Technology Corporation Chevy Chase, Maryland Moving America New Directions, New Opportunities DOT/FRA/RRP-91/2 April 1991 Document is available to the public through the National Technical Information Service, Springfield, VA 22161 Technical Report Documentation Page 1 • R e p o rt N o . 2. Government Accession No. 3. Recipient's Catolog No. FRA-RRP-91-02 4. Title and Subtitle 5. Report Date Rail vs Truck Fuel Efficiency: The Relative Fuel Efficiency of Truck Competitive Rail Freight and Truck 6. Performing Organizotion Code Operations Compared in a Range of Corridors 8. -Performing Organization Report No. 7. Authors) Abacus Technology Corporation 9. Performing Organization Name and Address 10. Work Unit No. (TRAIS) Abacus Technology Corporation 5454 Wisconsin Avenue, Suite 1100 11. Contract or Grant No. DTFR-53-90-C-00017 Chevy Chase, Maryland 20815 13. Type of Report and Period Covered 12. Sponsoring Agency Name and Address U.S. Department of Transportation Final Report Federal Railroad Administration Office of Policy, RRP-32 14. Sponsoring Agency Code Washington, DC 20590 Federal Railroad Admin. 15. Supplementary Notes William Gelston (Chief, Economic Studies Division, FRA), Project Sponsor Marilyn W. Klein (Senior Policy Analyst, FRA), Project Monitor 16. Abstract This report summarizes the findings of a study to evaluate the fuel efficiency of rail freight operations relative to competing truckload service. The objective of the study was to identify the circumstances in which rail freight service offers a fuel efficiency advantage over alternative truckload options, and to estimate the fuel savings associated with using rail service. -
Product Guide
2019 PRODUCT GUIDE *Layout and photo by Jay Oberg Experience & Quality You Can Depend On Dear Model Railroader: Welcome to our 2019 Micro-Trains Product Guide. Located in Southern Oregon, Micro-Trains manufactures premier N and Z scale rolling stock, our popular Magne-Matic® Coupler Welcome System, and a variety of model railroad tools and accessories, in our 33,000 sq ft factory. And we’ve been at it for over 46 years! During 2019, we have an array of all new model railroad products, that we’ll be designing, tooling and producing for you, our valued customer. This year our new tooling will include our 11th Heavyweight Passenger car, in this series; the Single Window Coach Car. And given the popularity of our N scale DODX 68’ flat car with military loads; we’ll be producing our own injection-molded multipurpose, light 4-wheel drive military utility vehicle known as the Humvee, as the next military load for our DODX flat cars. Already underway, Micro-Trains has been enhancing our ever-popular 40’ and 50’ box cars by lowering the car’s underframe to the rail, and offering “cored through”, injection-molded roof walks, similar to what we’ve already done with our 50’ box car roof walks. In addition, we’re modifying the cars to body-mount couplers, and where appropriate adding etched metal brake platforms to the car ends. We’re essentially making the best N scale rolling stock, even better! In addition to tooling up all new rail cars and accessories, Micro-Trains continues the tradition of issuing prototypical railcar series during 2019; we’ll be introducing our “Farm- to-Table” Reefer series in both N and Z scale. -
Modeling a Post-War Empire State Express J-3 in N-Scale by Tom Long 56
Modeling NYCS Depots By Dave Mackay 1st Quarter 2018 Volume 8 Number 41 Table of Contents NYC’s West Side Freight On the Cover of This Issue By Bruce Ryan 32 Building the NYCS Four-Track Main – Part 1 By Mark Sklar 42 Potential Lines West Brick & Stone Station Model By Ralph Schiring 51 Modeling a Post-War Empire State Express J-3 in N-Scale By Tom Long 56 NYCSHS member Bruce Ryan models the NYC in HO-scale. He models New York City’s West Side Modeling the Taconic Division – Operations – Part 2 Fright Line railroad. Page 32 By Dan Howard 65 Refurbishing Vintage Vehicles & 77 From the Cab 5 Tom Long has promised several articles on his Extra Board 6 modeling in HO-scale. His fisrt article tells us about What’s New 11 his creating the NYC Empire State Express J-3 from NYCSHS RPO 20 an old Con-Cor model Page 56 The Observation Car 85 NYCentral Modeler The NYCentral Modeler focuses on providing information about modeling of the railroad in all scales. This issue features articles, photos, and reviews of NYC-related models and layouts. The objective of the publication is to help members improve their ability to model the New York Central and promote modeling interests. Contact us about doing an article for us. mailto:[email protected] NYCentral Modeler 1st Quarter 2018 2 New York Central System Historical Society The New York Central System Central Headlight, the official Historical Society (NYCSHS) was publication of the NYCSHS. organized in March 1970 by the The Central Headlight is only combined efforts of several available to members, and former employees of the New each issue contains a wealth Board of Directors York Central Railroad.