Kansas City Southern Railway

Americold Announces Plans for First Cold Storage Facility on CPKC Rail Network in Missouri

Retrieved on:

Thursday, February 22, 2024

Acquisition, KC, TSX, City, Transport, Economic development, CP, CPKC, Kansas City Southern Railway, Workforce, Food, MMX

ATLANTA, GA., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced plans to develop its first facility through a strategic collaboration with Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) to co-locate Americold warehouse facilities on the CPKC network.

Key Points:

“Americold’s selection of Kansas City for its new facility is another example of Missouri’s ability to attract leading businesses,” said Governor Mike Parson.
“This company’s decision speaks to the value of our strategic location, skilled workforce, and superior infrastructure.
“We are excited to kick off our strategic collaboration with CPKC through our new Kansas City cold storage facility, expanding Americold’s presence in an important U.S. transportation hub,” said George Chappelle, Chief Executive Officer at Americold.
“Combining our cold storage capabilities with CPKC’s extensive rail network enables Americold to deliver a differentiated offering to support more customers across North America.

J.B. Hunt Announces Shelley Simpson as Chief Executive Officer, President

Retrieved on:

Thursday, February 29, 2024

View the full release here: https://www.businesswire.com/news/home/20240229750287/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240229750287/en/
J.B. Hunt Announces Shelley Simpson as Chief Executive Officer, President (Photo: Business Wire)
The company also announced that Kirk Thompson, current executive chairman of the Board, along with Wayne Garrison, will both retire from the company’s Board of Directors and will take newly formed Board advisory roles as Honorary Founding Directors.
John N. Roberts, III, outgoing chief executive officer, will assume the role of executive chairman of the Board upon Kirk Thompson’s retirement from the Board.
She was named chief commercial officer and president of Highway Services in 2017 and led the strategic direction and launch of the J.B. Hunt 360°® platform.
Thompson joined the company in 1973 and served as president and chief executive officer from 1987 through 2010.

Cold Storage Market Size to be Worth USD 392.16 Billion By 2032 | Precedence Research

Retrieved on:

Wednesday, December 13, 2023

Driver: The rapidly rising global food trade is driving the growth of the cold storage market.

Key Points:

Driver: The rapidly rising global food trade is driving the growth of the cold storage market.
Cold Chain Equipment Market: The global cold chain equipment market size exceeded USD 14.08 billion in 2022, and it is projected to hit around USD 108.37 billion by 2032, growing at a CAGR of 22.64% from 2023 to 2032.
Carbon Capture and Storage Market: The global carbon capture and storage market size was evaluated at USD 5.99 billion in 2023 and it is expected to touch around USD 35.70 billion by 2032, poised to grow at a CAGR of 21.94% during the forecast period 2023 to 2032.
Thermal Energy Storage Market: The global thermal energy storage market size was estimated at USD 21.66 billion in 2022 and is projected to surpass around USD 50.57 billion by the year 2032, growing at a notable CAGR of 8.9% during the forecast period 2023 to 2032.

Cold Storage Market Size to be Worth USD 392.16 Billion By 2032 | Precedence Research

Retrieved on:

Wednesday, December 13, 2023

Driver: The rapidly rising global food trade is driving the growth of the cold storage market.

Key Points:

Driver: The rapidly rising global food trade is driving the growth of the cold storage market.
Cold Chain Equipment Market: The global cold chain equipment market size exceeded USD 14.08 billion in 2022, and it is projected to hit around USD 108.37 billion by 2032, growing at a CAGR of 22.64% from 2023 to 2032.
Carbon Capture and Storage Market: The global carbon capture and storage market size was evaluated at USD 5.99 billion in 2023 and it is expected to touch around USD 35.70 billion by 2032, poised to grow at a CAGR of 21.94% during the forecast period 2023 to 2032.
Thermal Energy Storage Market: The global thermal energy storage market size was estimated at USD 21.66 billion in 2022 and is projected to surpass around USD 50.57 billion by the year 2032, growing at a notable CAGR of 8.9% during the forecast period 2023 to 2032.

Railroad Industry to Reach $507.6 Billion by 2034, Driven by Growing Reliance on Train Services | Future Market Insights, Inc.

Retrieved on:

Wednesday, December 6, 2023

Price analysis, Record, Safety, Policy, Kansas City Southern Railway, Competitive landscape, Private sector, Automation, Partnership, Transport, Video game, Rail transport

NEWARK, Del., Dec. 6, 2023 /PRNewswire/ -- The year-round sales of the global railroad market in 2023 were assessed to have a revenue of US$ 294,267.1 million. Based on the analysis of several industry dynamics, the global railroad equipment market is predicted to grow at a moderate CAGR of 5% during the forecast period. Further, the railroad industry share is estimated to reach nearly US$ 507,610.6 million by 2034, expanding from an estimated worth of US$ 311,628.9 million in 2024.

Key Points:

Based on the analysis of several industry dynamics, the global railroad equipment market is predicted to grow at a moderate CAGR of 5% during the forecast period.
Further, the railroad industry share is estimated to reach nearly US$ 507,610.6 million by 2034, expanding from an estimated worth of US$ 311,628.9 million in 2024.
Request For Exclusive Sample Report of Railroad Industry: https://www.futuremarketinsights.com/reports/sample/rep-gb-18585
Due to increased reliance on train services for the transfer of products, the railroad infrastructure has been rising steadily across the world.
Expanding transcontinental railway infrastructure for effective and affordable cross-border goods transportation is anticipated to strengthen the railroad market further.

Railroad Industry to Reach $507.6 Billion by 2034, Driven by Growing Reliance on Train Services | Future Market Insights, Inc.

Retrieved on:

Wednesday, December 6, 2023

Price analysis, Record, Safety, Policy, Kansas City Southern Railway, Competitive landscape, Private sector, Automation, Partnership, Transport, Video game, Rail transport

NEWARK, Del., Dec. 6, 2023 /PRNewswire/ -- The year-round sales of the global railroad market in 2023 were assessed to have a revenue of US$ 294,267.1 million. Based on the analysis of several industry dynamics, the global railroad equipment market is predicted to grow at a moderate CAGR of 5% during the forecast period. Further, the railroad industry share is estimated to reach nearly US$ 507,610.6 million by 2034, expanding from an estimated worth of US$ 311,628.9 million in 2024.

Key Points:

Based on the analysis of several industry dynamics, the global railroad equipment market is predicted to grow at a moderate CAGR of 5% during the forecast period.
Further, the railroad industry share is estimated to reach nearly US$ 507,610.6 million by 2034, expanding from an estimated worth of US$ 311,628.9 million in 2024.
Request For Exclusive Sample Report of Railroad Industry: https://www.futuremarketinsights.com/reports/sample/rep-gb-18585
Due to increased reliance on train services for the transfer of products, the railroad infrastructure has been rising steadily across the world.
Expanding transcontinental railway infrastructure for effective and affordable cross-border goods transportation is anticipated to strengthen the railroad market further.

CPKC places follow-on order for 2.4 MW of Ballard fuel cell engines for active service locomotives

Retrieved on:

Tuesday, November 7, 2023

CP, Kansas City Southern Railway, NYSE, Rail, CPKC, Emerging market, Ballard Power Systems, TSX, Rail transport, Renewable energy

VANCOUVER, BC, Nov. 6, 2023 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today it received an order for 2.4 MW of additional fuel cell engines from Canadian Pacific Kansas City ("CPKC"; TSX: CP; NYSE: CP).

Key Points:

VANCOUVER, BC, Nov. 6, 2023 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today it received an order for 2.4 MW of additional fuel cell engines from Canadian Pacific Kansas City ("CPKC"; TSX: CP; NYSE: CP).
These twelve, 200 kW fuel cell engines are planned for delivery in 2023 and will support the development of CPKC's additional hydrogen-powered locomotives planned for regular switching and local freight service applications in Alberta.
Over the past two years, Ballard has supplied CPKC with 38 fuel cell engines for use in its hydrogen locomotives, with combined fuel cell power of 7.6 MW.
The additional locomotives are expected to enter service in late 2024.

VCIM releases Shareholder Advocacy Report

Retrieved on:

Thursday, September 21, 2023

TERRITORIES OF MUSQUEAM, SQUAMISH AND TSLEIL-WAUTUTH NATIONS and VANCOUVER, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Vancity Investment Management (VCIM), a Canadian leader in socially responsible investing, issued its annual Shareholder Engagement Report ( VCIM Report ) today highlighting a year of complex work in shareholder advocacy.

Key Points:

TERRITORIES OF MUSQUEAM, SQUAMISH AND TSLEIL-WAUTUTH NATIONS and VANCOUVER, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Vancity Investment Management (VCIM), a Canadian leader in socially responsible investing, issued its annual Shareholder Engagement Report ( VCIM Report ) today highlighting a year of complex work in shareholder advocacy.
When VCIM invests on behalf of its members, it doesn't remain a passive observer; instead, it proactively leverages its influence as a conscientious shareholder.
VCIM’s shareholder engagement efforts range from climate and energy to governance and labour practices.
To learn more about how VCIM focuses on investments that deliver competitive returns while making a positive impact on the world, read the full VCIM Engagement Report .

Canadian Pacific Kansas City places order for 3.6MW of Ballard fuel cells for expansion of Hydrogen Locomotive Program

Retrieved on:

Thursday, July 27, 2023

Hydrogen, CP, Temperature, Kansas City Southern Railway, Ballard Power Systems, Emerging market, Rail, TSX, Transport, CPKC, NYSE, Rail transport

VANCOUVER, BC, July 27, 2023 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today it received an order for additional fuel cell engines from Canadian Pacific Kansas City ("CPKC"; TSX: CP; NYSE: CP).

Key Points:

VANCOUVER, BC, July 27, 2023 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today it received an order for additional fuel cell engines from Canadian Pacific Kansas City ("CPKC"; TSX: CP; NYSE: CP).
These eighteen, 200 kW fuel cell engines are planned for delivery in 2023 and will support the expansion of CPKC's Hydrogen Locomotive Program.
Over the past two years, Ballard has supplied CPKC with 20 fuel cell engines for use in three different types of locomotives, with combined fuel cell power of 4MW.
These locomotives have been undergoing field testing in 2022 and early 2023 with successful tests, proving the capabilities of Ballard's hydrogen fuel cell technology in locomotive applications.

Schneider to provide Mexico to upper Midwest intermodal service on the newly formed CPKC

Retrieved on:

Friday, April 21, 2023

Trucking, Transport, Logistics, Supply Chain Management, Lodging, Travel, Other Transport, Truckload shipping, CP, Kansas City Southern Railway, Schneider, TSX, United, CPKC, NYSE, Rail freight transport, Intermodal freight transport

Schneider National Inc. (NYSE: SNDR), a premier multimodal provider of trucking, intermodal and logistics services, announced today it will offer customers intermodal service on the newly merged Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) which connects the upper Midwest of the United States and Mexico.

Key Points:

Schneider National Inc. (NYSE: SNDR), a premier multimodal provider of trucking, intermodal and logistics services, announced today it will offer customers intermodal service on the newly merged Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) which connects the upper Midwest of the United States and Mexico.
Schneider will be a strategic intermodal carrier on CPKC’s north-south flagship intermodal service between Chicago and all major points in Mexico.
“It is a natural fit to pair CPKC’s rail operating excellence and Schneider’s superior dray execution to provide unparalleled service,” said Schneider President and CEO Mark Rourke.
Schneider has one of the largest intermodal fleets in North America, with over 28,000 containers and plans to double the company’s intermodal size by 2030.