Welcome to our dedicated page for Canadian Pacific Kansas City news (Ticker: CP), a resource for investors and traders seeking the latest updates and insights on Canadian Pacific Kansas City stock.
Canadian Pacific Kansas City Limited (CPKC) (TSX: CP, NYSE: CP) operates North America's only single-line transnational railway, connecting critical markets across Canada, the U.S., and Mexico. This page provides investors and industry stakeholders with direct access to CPKC's official announcements and strategic developments.
Find timely updates on earnings reports, infrastructure expansions, and sustainability initiatives like the Hydrogen Locomotive Program. Track operational milestones including cross-border service enhancements and partnerships driving supply chain efficiency.
Our curated collection includes press releases on:
• Financial performance and shareholder communications
• Network expansions and intermodal innovations
• Environmental initiatives and safety achievements
• Strategic collaborations with logistics partners
Bookmark this page for reliable updates directly from CPKC, ensuring you stay informed about the railway shaping continental trade.
Canadian Pacific Kansas City (CP) has announced the certification of nine Site Ready rail-served locations across North America as part of its Room to Grow strategy. These locations span over 6,000 acres of developable land across Canada, the United States, and Mexico.
The Site Ready Program, developed in partnership with Burns & McDonnell, transforms underutilized land into prime industrial sites. The locations offer key advantages including strategic proximity to major markets, ready-to-develop land with reduced timelines, and comprehensive CPKC support.
The initiative builds on CPKC's existing development projects, including a new auto compound near Dallas, the Americold cold storage facility in Kansas City, and a multi-commodity transload facility in Denton, Texas. These developments demonstrate CPKC's commitment to attracting investment and driving economic growth in rail-served communities.
Canadian Pacific Kansas City (CP) has announced that Executive Vice-President and Chief Marketing Officer John Brooks will be speaking at the 2025 Bank of America Industrials, Transportation and Airlines Key Leaders Conference. The presentation is scheduled for May 14, 2025, at 8:45 a.m. ET.
The company will provide a live audio webcast of the presentation through their investor relations website at investor.cpkcr.com. A replay of the presentation will be made available after the event concludes.
Canadian Pacific Kansas City (CP) has announced that Executive Vice-President and Chief Financial Officer Nadeem Velani will be speaking at the 2025 RBC Capital Markets Canadian Industrials Conference. The presentation is scheduled for May 13, 2025, at 8:00 a.m. ET. The company will provide a live audio webcast of the event through their investor relations website at investor.cpkcr.com, with a replay option available after the event concludes.
Canadian Pacific Kansas City (CP) has announced it will release its first-quarter 2025 financial and operating results after market close on April 30, 2025. The company will host a conference call with the financial community at 4:30 p.m. ET (2:30 p.m. MT) on the same day.
Investors can access the call through toll-free numbers for Canada and U.S. (800-274-8461) or international (203-518-9814) using Conference ID: CPKCQ125. A webcast and presentation materials will be available in the Investors section of CPKC's website. A replay of the call will be accessible until May 7, 2025.
CPKC (TSX: CP, NYSE: CP) and Lanco Group/Mi-Jack have sold the Panama Canal Railway Company (PCRC) to APM Terminals, a division of A.P. Moller - Maersk. PCRC, which generated US$77 million in revenue and US$36 million in EBITDA in 2024, has been operating as a 50/50 joint venture since 1998.
The railway operates a strategic 47-mile track along the Panama Canal, providing ocean-to-ocean freight and passenger services. This divestment aligns with CPKC's strategy to focus on its core North American rail operations spanning Canada, the United States, and Mexico.
APM Terminals, which operates 60 locations across 33 countries, views PCRC as an attractive infrastructure investment that complements their intermodal container movement services. The acquisition is expected to enhance their service offerings to global shipping customers.
Canadian Pacific Kansas City (CP) has announced the filing of its notice of meeting and management proxy circular for its 2025 annual and special meeting of shareholders with Canadian and U.S. securities regulators. The meeting will be held virtually on April 30, 2025, at 9 a.m. MT.
While in-person attendance won't be possible, the virtual format enables broader shareholder participation, including voting rights and question submission. Shareholders can vote either by proxy before the meeting or online during the event. Detailed participation instructions and a Virtual AGM User Guide are available on the company's investor website, and will be sent directly to shareholders.
Canadian Pacific Kansas City (CP) announced that the United Steelworkers (USW), representing about 600 clerical and intermodal employees in Canada, has ratified a new four-year collective agreement. This marks the third collective agreement ratified by CPKC employees in Canada this year.
The agreement provides long-term labor stability, increased wages, and improved benefits. Earlier in February, two other agreements were ratified: one with Teamsters Canada Rail Conference Maintenance of Way Employees Division (representing approximately 2,300 engineering services employees) and another with Unifor (representing about 1,200 mechanical employees).
Canadian Pacific Kansas City (CP) has announced that its subsidiary, Canadian Pacific Railway Company, is issuing a US$1.2 billion debt offering, split between US$600 million of 4.800% Notes due 2030 and US$600 million of 5.200% Notes due 2035. The offering, expected to close on March 17, 2025, will be guaranteed by CPKC.
The net proceeds will be primarily used for refinancing existing debt and general corporate purposes. Until utilized, the funds may be invested in short-term investment grade securities or bank deposits. The offering is being managed by a syndicate led by Wells Fargo Securities, BofA Securities, Goldman Sachs, and Morgan Stanley as joint active bookrunners.
Canadian Pacific Kansas City (CP) has announced its Grain Elevator of the Year awards for 2023-2024, recognizing Cargill Elva in Canada and Elbow Lake Co-op Grain in the United States for their exceptional performance in grain handling operations.
Cargill Elva, located in Melita, Manitoba, is a first-time winner, having moved over 450,000 metric tonnes of grain with efficient and safe loading operations. Elbow Lake Co-op Grain in Minnesota secured the award for the third consecutive year, achieving the highest tonnage across the U.S. north network with more than 543,000 metric tonnes, showing an increase from the previous year. The facility has also expanded its operations by shipping multiple corn trains to Mexico through CPKC's network.
Canadian Pacific Kansas City (CP) has announced the completion of its 2024 annual report filing on Form 10-K with the U.S. Securities and Exchange Commission and Canadian securities regulators. The filing includes annual audited financial statements and management's discussion and analysis.
The company has made the report accessible to investors through their investor relations website. Shareholders can request printed copies of the complete 2024 audited financial statements at no cost via email or regular mail.
