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Stock impact report

CP Rail changes rules on handbrakes in wake of runaway train accident [Toronto Globe and Mail (Ontario, Canada)]

Canadian Pacific Kansas City Limited Common Shares (CP) 
Last canadian pacific kansas city limited common shares earnings: 4/21 04:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.cpr.ca/financials/default.aspx
CP Rail changes rules on handbrakes in wake of runaway train accident Canadian Pacific Railway Ltd. has changed its operating rules for trains that make emergency stops on mountain routes to require the use of handbrakes, a safety measure that follows Monday’s runaway train derailment that killed three crew members. The crew brought the 112-car grain train to an emergency stop descending a mountain route east of Field, B.C., because it had exceeded the 15-mile-an-hour speed limit by 5 miles an hour, according to a railway industry source. The halt is required under the company’s operating rules. The train, number 31, then sat for two hours in frigid temperatures on the main track before suddenly beginning to roll away uncontrolled with a replacement crew in the cab. The train quickly exceeded the speed limit on the treacherous route and derailed at a bridge, plunging 2 feet into the Kicking Horse River. The crew told dispatchers they were unable to slow the train as it hurtled down th Show less Read more
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