A CPKC union is polling members about a possible strike, claiming the railroad took advantage of a service crisis to make workplace job changes on the troubled Kansas City Southern network.
Schneider National announced improved transit times on its cross-border intermodal service with Canadian Pacific Kansas City.
Intermodal helped make CPKC the fastest-growing railroad in the second quarter.
That light at the end of the rail merger tunnel is becoming an oncoming investment express.
CPKC foresees July return to normal service after a botched computer system cutover on former Kansas City Southern.
A letter from the STB chairman says customers continue to report problems in southern US, requests details of ‘concrete steps’ to recover.
Chicago, Il. — The Canadian Pacific-Kansas City Southern merger has gone smoothly over the past two years — until a long-planned computer system cutover last month in former Kansas City Southern territory in the U.S. CPKC Chief Operating Officer Mark Redd says the cutover — during which CP’s operations system replaced the old KCS system […]
Cold storage warehouse operator Americold said it has started building an $80 million facility at Canada’s Port Saint John.
Intermodal volumes so far seem to be dodging the “air pocket” expected in the wake of steep tariffs on goods from China.
Railroad executives told an investors conference that future mergers face likely insurmountable regulatory hurdles.
Talk of mergers is making the rounds of Class I railroads as a way to kick-start growth and take advantage of a business-friendly Trump administration.
Rebuilding after hurricane damage and rerouting around a Baltimore tunnel project cost CSX a million dollars a day in lost revenue in the first quarter, a company executive told an investor conference.
Most major railroads maintained their 2025 outlooks even amid worries about trade and the economy.
CPKC CEO Keith Creel says the railroad, which reported higher revenue and profits for the first quarter, is “off to a strong start” for the year.
Railroad stocks dropped after President Trump’s announcement Wednesday of tariffs on U.S. trading partners.
CALGARY, Alberta — Canadian Pacific Kansas City (NYSE: CP) and the Lanco Group/Mi-Jack have sold the Panama Canal Railway to APM Terminals, a global terminal operator and an independent division of A.P. Moller-Maersk (XCSE: MAERSKa). The 47.6-mile railway provides ocean-to-ocean freight and passenger services along the Panama Canal and has been a 50/50 joint venture […]
Class 1 railroads saw mixed results in Q4 of 2024, but consultant Oliver Wyman sees a steadier year ahead.
Canada’s largest railroads see mixed progress at the country’s busiest container gateway.
Port fees on Chinese ships are aimed at boosting U.S. shipbuilding but could have follow-on effects for intermodal traffic, too.
CPKC has modeled scenarios involving tariffs and trade and says that even in the worst-case scenario, the railway can hit its target for double-digit earnings growth this year.
Patriot Rail is partnering with CPKC to construct a transload facility in Denton, Texas, to handle an array of commodities and products.
The Belt Railway of Chicago has appointed former CN and CP executive Jerry Peck as president and general manager.
The early-year supply chain lull swept rail freight in the latest carload data from the Association of American Railroads.
Railroads are weighing the uncertainty of President Trump’s proposed tariffs and foresee a moderate cross-border impact, executives told an investor conference.
U.S. rail traffic has risen for the fifth time in the first six weeks of 2025.
This week in Borderlands: Diverse supply chain can limit tariffs’ impact, expert says; CPKC launches Texas cross-border railway bridge; Canada-based components maker expands Mexico plant; and Mexico repeals ban on imports of genetically modified corn.
A ceremony marked the opening of CPKC’s new Patrick J. Ottensmeyer International Railway Bridge crossing the Rio Grande, at the busiest rail gateway connecting the United States and Mexico.
How bad can it get for cross-border?
CPKC delivers on 2024 guidance of double-digit earnings growth, despite economic uncertainties and tariff threats.
Canadian Pacific Kansas City said fourth-quarter revenues increased to $3.9 billion from $3.8 billion a year ago, as diluted earnings per share increased to $1.28 from $1.10 in the same quarter in 2023. The Calgary, Alberta-based company (NASDAQ: CP) said after markets closed that its operating ratio decreased by 210 basis points to 59.7% from […]
U.S. rail traffic showed a massive jump for the week ending Jan. 18, 2025, with both carload and intermodal traffic up more than 25% from the same week a year earlier. Statistics from the Association of American Railroads show overall traffic for the week was 500,160 carloads and intermodal units, a 25.9% increase. That included […]
Intermodal volumes boosted weekly U.S. rail traffic even as overall carloads slipped compared to the same week in 2024.
Weekly U.S. rail traffic showed a slight uptick over 2024 in the first report from the Association of American Railroads for 2025. Overall volume for the week ending Jan. 4 was 421,410 carloads and intermodal units, a 1% increase over the first week a year ago. That included 198,500 carloads, down 4.6%, and 222,910 containers […]
Intermodal continues to pace weekly U.S. rail traffic while carloads edged downward, according to the Association of American Railroads.
A newly completed CPKC rail bridge linking the U.S. and Mexico is expected to double capacity for cross-border trade.
Teamsters Canada leaders want federal officials to stay out of contract negotiations and back rail workers’ right to strike.
CPKC and cold chain logistics specialist Americold will expand their strategic collaboration to co-development projects in Mexico.
U.S. rail traffic is back on track after November swings, with intermodal gains outpacing weaker carloads.
Canadian Pacific Kansas City CEO Keith Creel is confident that free trade will continue in North America despite President-elect Donald J. Trump’s threat to impose 25% tariffs on goods imported from Mexico and Canada.
Schneider National announced it will begin an intermodal service connecting Mexico and Texas with the U.S. Southeast next month.
An arbitrator has been appointed to oversee contract negotiations between Canadian Pacific Kansas City and the Teamsters Canada Rail Conference.
Canadian Pacific Kansas City’s third-quarter profits and revenue increased despite the impact of the four-day work stoppage in Canada, the railway reported on Wednesday.
CPKC saw single-digit gains in freight volumes in the third quarter, but the operating ratio climbed as a brief lockout of union employees hit network operations.
The Surface Transportation Board has approved acquisition by Canadian Pacific Kansas City and CSX Transportation of the Meridian & Bigbee Railroad from Genesee & Wyoming, allowing the two Class I lines to create a new direct connection at Myrtlewood, Alabama.
U.S. railroads see the highest weekly intermodal traffic since the pandemic, and ongoing supply chain issues could aid further gains as a threatened longshore strike creeps closer.
Despite peak season stress, supply chain bottlenecks failed to materialize during the recovery from the brief lockout of union employees by CN and CPKC.
Minnesota’s federally mandated State Freight Plan identifies key areas for investment in the statewide transportation system to ensure goods movement that is safe, efficient and sustainable.
The railroads got what they wanted in Canada’s contract dispute: binding arbitration.
CN and CPKC early Thursday locked out 9,300 union employees, bringing trains to a halt in a move that could disrupt supply chains throughout North America.
Canada’s labor minister has denied CN’s request to intervene in contract talks with the union representing engineers and conductors.
The threat of a rail worker strike across Canada could be extended through at least mid-July amid stalled negotiations between Teamsters Canada Rail Conference and CN and CPKC railroads.
This week in Borderlands: Port of Eagle Pass, Texas, fastest-growing border crossing in the U.S.; Port of Brownsville snags Westa flour mill; Siete Leguas Automotive opens $54M factory in Durango, Mexico; and CBP intercepts $18M worth of meth in shipment of squash.
Federal officials have pushed back a potential CN and CPKC rail worker strike in order to review whether a work stoppage would jeopardize Canadians’ health and safety.
Fastfrate Group has renewed a long-term agreement with CPKC to provide intermodal and drayage services in the U.S., Canada and Mexico.
Teamsters Canada said negotiations with Canadian National Railway Co. and Canadian Pacific Kansas City have stalled over issues of pay and working conditions.
Canada-based Bison Transport is partnering with CPKC to provide cross-border intermodal service between Canada, the U.S. and Mexico.
The year’s five biggest U.S.-Canada cross-border supply chain-related stories are highlighted.
Norfolk Southern is asking the Surface Transportation Board to compel Canadian Pacific Kansas City and CSX to consolidate their applications on plans to create a Mexico-Southeast U.S. corridor. Doing so would provide greater insight on freight and passenger rail impacts, NS argues.
Uncertainties over consumer demand and inflation rates are causing Canadian Pacific Kansas City to adopt a more cautious stance as 2024 approaches.
CPKC reported a 12% decline in net profit in the third quarter despite higher combined revenues.
Canadian Pacific Kansas City and CSX are seeking approval from the Surface Transportation Board to acquire some of the assets of short line Meridian & Bigbee Railroad. They plan to beef up an Alabama interchange as part of an effort to create a Mexico-Southeast corridor.
Chicago commuter rail system Metra filed a lawsuit against the Surface Transportation Board over its decision to approve the merger between Canadian Pacific and Kansas City Southern.
Rail service for the 2023-2024 crop year in Canada is expected to be smooth — provided that weather conditions and unforeseen global events cooperate.
Rail volumes to and from the Canadian ports of Vancouver and Prince Rupert are returning to normal after the 13-day strike in July, although capacity to catch up on the backlog appears limited for now, according to RailState’s analysis of its data.
Leaders with Norfolk Southern and CSX described at an investor conference this week how their reach extends beyond the eastern U.S.
CPKC eyes opportunities for intermodal and for beefed-up business in Mexico to help recoup higher costs and lost revenue in the second quarter.
CPKC released second-quarter earnings results as a merged company.
As the labor strike continues at the ports of Vancouver and Prince Rupert, Class I railroads are taking steps to ensure that their networks face minimal disruptions.
Some families of victims of deadly railway accidents say railway police are torn between seeking the truth and protecting the company name. Railroads say safeguards are in place.
Class I railroads CPKC and CSX are working together on developing CPKC’s conversion kits that can retrofit diesel locomotives into hydrogen locomotives.
CPKC and Americold are collaborating on building a refrigerated service network for markets in the Midwest and Mexico.
CPKC seeks to extend or make permanent a waiver that allows the railway to dispatch trains for three locations at its Calgary office.
A federal court in Canada sided with union members and determined that Canadian Pacific had failed to adequately limit the number of hours that train crews worked in a number of instances in 2018 and 2019.
Canadian Pacific Kansas City is adding 1,000 refrigerated intermodal containers to its Mexico railroad business.
Canadian Pacific Kansas City is building its intermodal service between points in the U.S. Midwest and Mexico, announcing a new daily service that aims to take away market share from trucks.
Union Pacific wants a federal court to review STB’s approval of the merger between Canadian Pacific and Kansas City Southern.
CPKC and Canadian coal producer Teck Resources’ new service agreement includes a pilot program in which CPKC will test out its hydrogen locomotives to transport Teck’s coal.
Canadian Pacific Kansas City railroad announced a deal with Knight-Swift Transportation to provide intermodal capacity for a Mexico-to-Chicago train.
Canadian Pacific Kansas City, or CPKC, marked its first day as the merged company of CP and KCS on Friday.
