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 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.
Canadian Pacific Kansas City (CP) has announced a new share repurchase program approved by the Toronto Stock Exchange. The company plans to buy back up to 37,348,539 common shares, representing approximately 4% of its issued and outstanding shares as of February 18, 2025.
The Normal Course Issuer Bid (NCIB) will run from March 3, 2025, to March 2, 2026. Purchases will be made through the TSX, NYSE, and alternative trading systems. CEO Keith Creel highlighted that this program follows the successful strengthening of the company's balance sheet after the CP-KCS merger, citing strong free cash flow generation and growth opportunities as key factors enabling the buyback.
The company will limit daily purchases to 351,655 shares on TSX and 25% of average daily trading volume on NYSE. All acquired shares will be immediately cancelled. CPKC plans to implement an automatic purchase plan to allow share purchases during internal quarterly blackout periods.
Canadian Pacific Kansas City (CP) has announced that President and CEO Keith Creel will be presenting at the 2025 J.P. Morgan Industrials Conference. The presentation is scheduled for March 13, 2025, at 8:15 a.m. ET. The company will provide a live audio webcast of the presentation through their investor relations website at investor.cpkcr.com, with a replay option available after the event.
Canadian Pacific Kansas City (CP) announced that Unifor, representing approximately 1,200 mechanical employees across Canada, has ratified a new four-year collective agreement. The agreement provides improved wages and benefits for mechanics, labourers, diesel service attendants, and mechanical support staff.
CPKC CEO Keith Creel highlighted that the agreement, which received strong support among mechanical employees, ensures long-term labor stability while maintaining safe and efficient customer service. This marks the second collective agreement ratification in 2025 for CPKC, following an earlier agreement with Teamsters Canada Rail Conference Maintenance of Way Employees Division, which represents about 2,300 engineering services employees.
Canadian Pacific Kansas City (CP) has released its 2025 Climate Mileposts report, outlining key sustainability initiatives. The company is advancing its Hydrogen Locomotive Program, which achieved over 6,000 miles in freight service testing by end of 2024. CPKC plans to expand its hydrogen test fleet with seven additional locomotives and a tender car throughout 2025.
The company conducted over 1,100 fueling events in 2024 as part of its B20 locomotive biofuel trial in British Columbia, testing advanced renewable biofuel blends. Additionally, CPKC is preparing to receive 100 Tier 4 diesel-electric locomotives in 2025, designed to reduce emissions and improve fuel efficiency.
CEO Keith Creel emphasized rail transport's superior fuel efficiency for land-based freight movement and reaffirmed CPKC's commitment to improving locomotive operating efficiency and hydrogen locomotive testing.
Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) announced that Executive Vice-President and Chief Financial Officer Nadeem Velani and Senior Vice-President, Accounting, Planning and Procurement Ian Gray will speak at the 46th Annual Raymond James Institutional Investors Conference. The presentation is scheduled for March 3, 2025, at 8:05 a.m. ET. A live audio webcast will be accessible through investor.cpkcr.com, with a replay available after the event.
Canadian Pacific Kansas City (CP) announced that the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) has ratified a new four-year collective agreement. The agreement, covering approximately 2,300 engineering service employees across Canada, includes improved wages and benefits.
CPKC CEO Keith Creel highlighted that the agreement was reached through collaborative negotiations and received strong support from the membership. The new contract is expected to provide long-term labor stability, enabling the company to continue serving customers and contributing to the Canadian economy efficiently and safely.
Canadian Pacific Kansas City (CP) has officially opened the Patrick J. Ottensmeyer International Railway Bridge with a ceremonial ribbon cutting over the Rio Grande. The $100 million bridge, named after the final KCS president and CEO who passed away in July 2024, is the only railroad bridge connecting Laredo, Texas, and Nuevo Laredo, Tamaulipas.
The new infrastructure more than doubles the capacity at the U.S.-Mexico border, featuring a 1,170-foot second track bridge with six reinforced concrete piers, positioned 35 feet from the existing track bridge. The project includes 4,500 feet of new track and enhanced security investments, including a VACIS X-ray railcar inspection system and surveillance cameras.
Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) announced that President and CEO Keith Creel will participate in two upcoming investor conferences in February 2025. He will speak at the Citi Global Industrial Tech and Mobility Conference on February 18 at 2:40 p.m. ET and the Barclays Industrial Select Conference on February 19 at 9:50 a.m. ET. Live audio webcasts of both presentations will be accessible through CPKC's investor website, with replays available after the events.
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