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 (TSX: CP) executives will participate in two virtual conferences in September 2020. John Brooks, Executive Vice-President and Chief Marketing Officer, is scheduled to speak at the Morgan Stanley 8th Annual Laguna Conference on September 15 at 8:15 a.m. ET. Nadeem Velani, Executive Vice-President and Chief Financial Officer, will present at the J.P. Morgan U.S. All Stars Conference on September 17 at 9 a.m. ET. Both events will be accessible through live audio webcasts, with replays available post-event.
On September 10, 2020, Canadian Pacific (TSX: CP) awarded 45 shippers with its annual Safe Shipper Award for exemplary safety in transporting hazardous materials by rail in 2019. These companies transported over 500 carloads of hazardous materials without any Non-Accidental Release (NAR) incidents. Coby Bullard, Vice-President of Sales and Marketing, emphasized the importance of safety in operations and recognized the critical role customers play in maintaining a safe transportation environment. For more details, visit cpr.ca.
Canadian Pacific (TSX: CP) executives will participate in two significant virtual conferences in September 2020. John Brooks, Executive Vice-President and Chief Marketing Officer, will address the Morgan Stanley 8th Annual Laguna Conference on September 15, 2020, at 11:15 a.m. ET. Nadeem Velani, Executive Vice-President and Chief Financial Officer, will speak at the J.P. Morgan U.S. All Stars Conference on September 17, 2020, at 9 a.m. ET. Both events will offer live webcasts and replays accessible via the company’s investor relations website.
On August 11, 2020, Canadian Pacific (CP) launched its international intermodal service through the Port of Saint John, marking its return to a deep-water Atlantic Ocean port after 25 years. The inaugural train transported containers from the Hapag-Lloyd vessel Detroit Express to various CP terminals across Canada and the U.S. CP plans to invest $90 million over three years to enhance the Central Maine & Quebec Railway and facilitate the port's $205 million modernization project. By year-end, CP anticipates offering 24-hour service between Saint John and Montreal.
Canadian Pacific (TSX: CP) is set to enhance economic growth in New Brunswick following its acquisition of Central Maine & Quebec Railway. This strategic move facilitates superior connectivity from Atlantic Canada to major North American markets like Montreal, Toronto, and Chicago. CP aims to develop the Port of Saint John, which is pivotal for handling diverse cargo types. This collaboration promises to drive significant investments and modernization efforts at the port, valued at $205 million, bolstering the region's competitive edge in transportation.
Canadian Pacific (CP) has achieved a record haul of 29.52 million metric tonnes (MMT) of Canadian grain and products in the 2019-2020 crop year, surpassing last year’s record by 10%. July marked a record month with 2.58 MMT transported. The efficiency of the 8,500-foot High Efficiency Product (HEP) train model played a key role, allowing 40% more grain per train compared to shorter models. CP continues to enhance its fleet with more high-capacity hopper cars, increasing grain transport capacity by 10% in weight and 15% in volume.
Canadian Pacific Railway Limited (CP) expresses deep sadness over the passing of former executive and board member William R. (Bill) Fatt on August 4, 2020. Fatt served on the board since September 2016 and was previously CP's Chief Financial Officer. Known for his strong business acumen, he notably led Canadian Pacific Hotels before its transition to Fairmont Hotels & Resorts. CP's CEO Keith Creel acknowledged Fatt's invaluable contributions and risk-taking spirit, while the board chair highlighted the lasting impact of his leadership on the company.
