August 25, 2023 | CPKC, Headlines, UP
(Source: Trains.com, August 21, 2023) Union Pacific’s contention that Kansas City Southern can’t haul grain from the Upper Midwest to the Gulf Coast using trackage rights south of Beaumont, Texas, is “revisionist history,” Canadian Pacific Kansas City has told federal...
August 9, 2023 | CPKC, Headlines, Mexico, Ports
(Source: Seatrade Maritime News, August 8, 2023) In the face of continued problems with traffic volumes at the Panama Canal, shippers and carriers will likely seek alternatives which is where CPKC believes it can step in. CPKC was formed in April this year out of a...
August 4, 2023 | CP-KCS Merger, CPKC, Headlines, Lawsuit
(Source: Reuters, August 3, 2023) Canadian Pacific Kansas City, formed in April when Canadian Pacific Railway merged with Kansas City Southern, has been sued by bondholders for failing to repay more than $1 billion after missing a deadline tied to the merger. In a...
August 3, 2023 | CPKC, Headlines, UP
(Source: Trains.com, August 3, 2023) Canadian Pacific Kansas City has asked federal regulators to prevent Union Pacific from blocking the movement of its grain trains to the ports of Houston and Galveston via trackage rights on UP via Beaumont, Texas. Full story:...
August 1, 2023 | CPKC, Headlines
(Source: Railway Age, July 31, 2023) Canadian Pacific Kansas City (CPKC) on July 31 published its Grain Service Outlook Report, as required by section 151.01(1) of the Canada Transportation Act. It provides an assessment of the newly merged Class I’s ability to move...
July 28, 2023 | CPKC, Headlines, Quarterly Income
(Source: Freight Waves, July 27, 2023) Higher combined revenues for the second quarter of 2023 helped boost net profits for Canadian Pacific Kansas City. Revenues for the second quarter were nearly CA$3.2 billion (US$2.4 billion), up 44% year over year (y/y), CPKC...
July 6, 2023 | CPKC, Headlines, Ports
(Source: Canadian Press, July 5, 2023) CPKC, a major North American railway, says it has placed “temporary embargoes” on export traffic to the Port of Vancouver, as a strike at B.C. ports drags into its fifth day with no signs of a breakthrough. Full...
July 3, 2023 | CPKC, CSX, Headlines
(Source: Associated Press, June 28, 2023) CSX and CPKC railroads announced a deal Wednesday that will allow them to beef up a little-used connection between their two networks in the southeastern United States to handle a significant amount of freight. The deal...
June 23, 2023 | CPKC, CSX, Headlines, Technology
(Source: Freight Waves, June 23, 2023) Canadian Pacific Kansas City and CSX are working together to build and deploy hydrogen locomotive conversion kits that will be used for diesel electric locomotives. The two have formed a joint venture in which CSX will use one of...
June 22, 2023 | CPKC, Headlines
(Source: Canadian Pacific Kansas City press release, June 21, 2023) CALGARY — Canadian Pacific Kansas City (CPKC) and Americold Realty Trust, Inc. today announced a strategic collaboration to co-locate Americold warehouse facilities on the CPKC network. Anchored by...
