CPKC certifies 14 new Site Ready locations across North America

Canadian Pacific Kansas City (TSX: CP, NYSE: CP) certified 14 new Site Ready rail-served industrial locations on March 12, 2026, expanding its Room to Grow network across North America.

Rhea-AI Summary

Canadian Pacific Kansas City (TSX: CP, NYSE: CP) certified 14 new Site Ready rail-served industrial locations on March 12, 2026, expanding its Room to Grow network across North America.

The additions span six U.S. states, three Canadian provinces and two Mexican states, adding more than 6,600 acres of developable land and bringing the program to 22 Site Ready locations, certified in partnership with Burns & McDonnell to enable rapid rail-served deployment.

Positive

• 14 new Site Ready locations certified across North America
• 6,600+ acres of immediately developable rail-served land
• 22 total Site Ready locations in CPKC's tri-national network
• Certification completed with Burns & McDonnell engineering partner

Negative

• None.

Argus Mar 13 session

+0.23% close to close Open Argus

Details

News Market Reaction – CP

On Mar 13, the first trading day after this news, CP closed 0.23% above the previous close.

Data tracked by StockTitan Argus for the Mar 13 session.

Market Context

This announcement expands CPKC’s industrial development platform, adding 14 Site Ready locations acr...

Analysis

This announcement expands CPKC’s industrial development platform, adding 14 Site Ready locations across North America and more than 6,600 acres of rail-served, immediately developable land. It builds on earlier operational milestones and the company’s tri-national network strategy, taking the total roster to 22 Site Ready sites. Investors may track how quickly these locations attract manufacturers and logistics users, and how resulting carload growth compares with recent record grain volumes and broader freight trends.

Key Figures

New Site Ready locations: 14 locations U.S. coverage: 6 states Canadian coverage: 3 provinces +3 more

New Site Ready locations

14 locations

Newly certified rail-served industrial development sites

U.S. coverage

6 states

Number of U.S. states with new Site Ready locations

Canadian coverage

3 provinces

Number of Canadian provinces with new Site Ready locations

Mexican coverage

2 states

Number of Mexican states with new Site Ready locations

Developable land

6,600 acres

Immediately developable land opened to prospective users

Total Site Ready locations

22 locations

Total certified Site Ready locations across CPKC’s network

Historical Context

5 past events · Latest: Mar 04

5 events

1. Mar 04

   Debt offering

   24h Move

   -1.8%

   US$1.2 billion notes issuance for refinancing and corporate purposes.

2. Mar 04

   Conference appearance

   24h Move

   -1.1%

   CEO scheduled to speak at major J.P. Morgan Industrials conference.

3. Mar 03

   Brand locomotive launch

   24h Move

   -1.8%

   Unveiling of commemorative America250 locomotive and highlighting U.S. footprint.

4. Mar 03

   Operational records

   24h Move

   -1.8%

   New February grain volume records across Canada and Canada‑US network.

5. Feb 26

   Annual report filing

   24h Move

   +1.6%

   Filing of 2025 Form 10-K with audited financials and MD&A.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

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CALGARY, AB, March 12, 2026 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today announced the certification of 14 new Site Ready rail-served industrial development locations, strategically positioned to accelerate North American commercial growth.

These new sites across six U.S. states, three provinces in Canada and two states in Mexico, strengthen CPKC's Room to Grow strategy, opening more than 6,600 acres of immediately developable land to prospective manufacturers, logistics operators and supply chain partners.

"Our Site Ready Program supports customers with efficient industrial solutions and drives economic growth continent-wide," said John Brooks, CPKC Executive Vice-President and Chief Marketing Officer. "Each certified location is designed to streamline development, accelerate timelines and create new value for both business and communities through unparalleled rail connectivity."

As supply chains evolve and infrastructure demand increases, rail-served, shovel-ready locations are a competitive advantage. CPKC's growing Site Ready roster of locations offers direct access to its tri-national network, empowering businesses to build or scale with speed and confidence, while reducing risk and operational lead time.

Key features of CPKC's Site Ready locations:

• Strategic Coverage: Located close to major markets, ports and distribution hubs for optimized logistics.
• Rapid Deployment: Sites are pre-certified for rail service.
• Full Lifecycle Support: CPKC provides end-to-end expertise, from initial site selection to ongoing rail operations.
• Community & Economic Impact: Development drives local job creation, capital investment and lasting economic benefits.

Certified in partnership with global engineering and construction leader Burns & McDonnell, these locations are tailored for versatility, scalability and long-term operational success.

With 22 Site Ready locations now available across its unified Canada, U.S. and Mexico network, CPKC is setting the standard for industrial site development and rail-enabled growth in North America.

To learn more about CPKC's Room to Grow strategies and Site Ready locations, or to explore rail-served economic development opportunities, visit cpkcr.com/RoomToGrow.

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 Coast 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. CP-IR

View original content to download multimedia:https://www.prnewswire.com/news-releases/cpkc-certifies-14-new-site-ready-locations-across-north-america-302712815.html

SOURCE CPKC

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CPKC (CP) announce on March 12, 2026 about Site Ready locations?

CPKC announced certification of 14 new Site Ready locations adding over 6,600 acres for industrial use. According to the company, sites span six U.S. states, three Canadian provinces and two Mexican states to speed rail-served development and logistics deployment.

How much land did CPKC add with the March 12, 2026 Site Ready certifications (CP)?

CPKC added more than 6,600 acres of immediately developable rail-served land. According to the company, this acreage is pre-certified for rail service to enable rapid industrial and logistics development across its network.

How many Site Ready locations does CPKC (CP) now offer after the March 12, 2026 update?

CPKC now offers 22 Site Ready locations across Canada, the U.S. and Mexico. According to the company, the expanded roster enhances tri-national rail connectivity for manufacturers, logistics operators and supply chain partners.

Which regions are covered by CPKC's March 12, 2026 Site Ready certifications (CP)?

The certifications cover six U.S. states, three Canadian provinces and two Mexican states. According to the company, the locations were selected for proximity to major markets, ports and distribution hubs to optimize logistics.

What operational benefits does CPKC (CP) claim for its Site Ready program announced March 12, 2026?

CPKC says Site Ready locations enable rapid deployment, pre-certified rail service, and full lifecycle support from site selection to rail operations. According to the company, this reduces development timelines and operational lead time for customers.

Who certified the Site Ready locations announced by CPKC (CP) on March 12, 2026?

The Site Ready certifications were completed in partnership with Burns & McDonnell, a global engineering and construction firm. According to the company, this partnership tailored sites for scalability and long-term rail-enabled operations.