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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

More on CP

Since I wrote Ackman's Canadian Pacific Payday at Canadian's Expense? after a train nearly ended up in the Bow River during the big Calgary flood, Ive been paying attention to the happenings at Canadian Pacific Railway (CP). 

Good PR

CP Rail strengthens safety measures after Lac-Mégantic train disaster that killed dozens

Canadian Pacific sponsoring Spruce Meadows competition

 

Bad performance

Inglewood residents evacuated after eight train cars derail in Alyth yard - the cars were filled with diluent (light hydrodcarbon) which thankfully did not ignite.

 

We'll see how their safety stats hold up over the next few years. I'm concerned.