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.
The Board of Directors of Canadian Pacific Railway Limited has declared a quarterly dividend of $0.19 per share on outstanding Common Shares. This dividend will be payable on January 30, 2023, to shareholders recorded by the close of business on December 30, 2022. The dividend qualifies as an 'eligible' dividend under Canada’s Income Tax Act.
Canadian Pacific operates a transcontinental railway in Canada and the U.S., providing competitive freight transportation services and access to global markets.
On October 24, 2022, Canadian Pacific (TSX: CP) honored 59 shippers with its annual Safe Shipper Award for their exemplary safety in transporting hazardous materials by rail in 2021. The awards recognize companies that transported at least 500 carloads of hazardous materials with zero non-accidental release incidents. Coby Bullard, Vice-President Sales and Marketing, emphasized the importance of safety and collaboration within the supply chain. This recognition reinforces CP's commitment to maintaining the safest railway operations in North America.
Canadian Pacific (TSX: CP) expressed its disappointment in a recent ruling from the Court of King's Bench of Alberta regarding a breach of contract with Remington Development Corporation over a Calgary land sale. The court ordered CP to pay $163,707,836 in damages, stating significant legal and factual errors in its judgment. CP plans to appeal, asserting strong grounds for the appeal and commitment to contest the decision vigorously.
Canadian Pacific (TSX: CP) will release its third-quarter 2022 financial results after market close on Oct. 26, 2022. A conference call for investors is scheduled for 4:30 p.m. ET that same day. Callers can access the call via a dedicated line, and a replay will be available until Nov. 2. Visit investor.cpr.ca for the webcast and presentation materials. Canadian Pacific provides competitive rail services across North America with links to major ports.
On September 20, 2022, Canadian Pacific (TSX: CP) launched a web-based carbon emissions calculator to enhance customer insights into the carbon footprint of its freight rail services. This tool enables tailored emissions calculations based on specific shipping details, helping customers make informed decisions to reduce transportation emissions. As part of its Climate Strategy, CP aims to improve operational efficiency, optimize energy use, and collaborate with stakeholders to lower GHG emissions across the supply chain, showcasing its commitment to sustainability in North America.
Canadian Pacific (TSX: CP) will have its President and CEO, Keith Creel, speak at the Morgan Stanley 10th Annual Laguna Conference on Sept. 15, 2022, at 11:10 a.m. ET. The address will be accessible via a live audio webcast on investor.cpr.ca, with replays available post-event. CP is a key player in North American rail services, connecting major ports and markets, and is focused on growth alongside its customers, providing freight transportation, logistics, and supply chain services.
On August 28, 2022, Canadian Pacific (CP) hosted the CP Women's Open, achieving record attendance and raising over $3 million for heart health initiatives. This included $2.5 million for the Children's Hospital of Eastern Ontario (CHEO) Foundation and $510,000 for the Perth & Smiths Falls District Hospital Foundation. Paula Reto won the tournament, earning $352,500 from a purse of $2.35 million. CP President Keith Creel highlighted the event's success in supporting local healthcare and community legacy.
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