2024 CPKC Holiday Train raises over $1.75 million, collects more than 130,000 pounds of food

Rhea-AI Summary

CPKC's 2024 Holiday Train campaign successfully raised over $1.75 million and collected more than 130,000 pounds of food for local food banks during its four-week journey across North America. The program featured 166 live music shows across seven provinces and 13 states, marking its first-ever stop in Atlantic Canada at Saint John, N.B. Since its inception in 1999, the Holiday Train has raised over $26.1 million and collected over 5.4 million pounds of food. Additionally, the CPKC Holiday Express train raised over $108,000 for food banks in Louisiana, Texas, and Mississippi. The company also operated the Tren Navideño in Mexico, visiting nine communities.

Positive

• Raised over $1.75 million and collected 130,000+ pounds of food for food banks
• Expanded geographical reach with first-ever stop in Atlantic Canada
• Additional $108,000 raised through CPKC Holiday Express train initiative

Negative

• None.

Insights

Market Research Analyst

The $1.75 million raised through CPKC's Holiday Train program represents a minimal financial impact relative to CPKC's $66.7 billion market capitalization. While the initiative demonstrates strong corporate social responsibility and community engagement, which can positively influence brand perception and stakeholder relations, the direct financial implications are negligible from an investment perspective.

The program's 25-year history, having raised over $26.1 million cumulatively, showcases CPKC's long-term commitment to community support. However, this charitable initiative, while commendable, doesn't materially affect the company's financial performance or stock valuation. The expanded geographical reach into Atlantic Canada and Mexico reflects CPKC's post-merger integration efforts but has business impact.

CALGARY, AB , Dec. 23, 2024 /PRNewswire/ - Canadian Pacific Kansas City (CPKC) said today that the 2024 CPKC Holiday Train program raised over $1.75 million and collected more than 130,000 pounds of food for local food banks during its four-week journey across Canada and the United States.

"I am continually amazed with the excitement and enthusiasm the Holiday Train generates during its annual journey across North America as it celebrates the holiday season while supporting local communities and charities," said Keith Creel, CPKC President and Chief Executive Officer. "Thank you to the thousands of individuals, young and old, who joined us this year to see the Holiday Train during its magical trip and gave so generously to support local organizations helping those in need."

Holiday Train Highlights

• Since 1999, the Holiday Train has raised more than $26.1 million and collected over 5.4 million pounds of food for local food banks in Canada and the United States.
• Visited Saint John, N.B. on Nov. 21 for the Holiday Train's first-ever stop in Atlantic Canada.
• Hosted 166 live music shows in seven provinces and 13 states. 
• Performers included James Barker Band, Clerel, Tyler Shaw, Shawnee Kish, Magic!, Sofia Camara, American Authors, KT Tunstall, Tiera Kennedy, Seaforth, Alana Springsteen, The Lone Bellow.   

Additionally, the CPKC Holiday Express train raised over $108,000 for local food banks this year after visiting 13 communities in Louisiana, Texas and Mississippi.

CPKC also operated the Tren Navideño, a specially-decorated train adorned with lights and festive scenes, bringing the holiday spirit to nine communities across Mexico as part of a unique holiday tradition running since 2010.

About CPKC

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf of México to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC.

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SOURCE CPKC

FAQ

How much money did the CPKC Holiday Train raise in 2024?

The CPKC Holiday Train raised over $1.75 million in 2024 for local food banks across Canada and the United States.

How many pounds of food did CPKC Holiday Train collect in 2024?

The CPKC Holiday Train collected more than 130,000 pounds of food during its 2024 campaign.

How many communities did the CPKC Holiday Train visit in 2024?

The Holiday Train hosted 166 live music shows across seven provinces and 13 states, plus visited 13 additional communities through the Holiday Express train.

What is the total amount raised by CPKC Holiday Train since its inception?

Since 1999, the Holiday Train has raised more than $26.1 million and collected over 5.4 million pounds of food for local food banks.

Where did the CPKC Holiday Train make its first Atlantic Canada stop?

The Holiday Train made its first-ever stop in Atlantic Canada at Saint John, New Brunswick, on November 21, 2024.