CPKC

World Finance announces Sustainability awards 2023 winners

Retrieved on: 
Monday, June 26, 2023

LONDON, June 26, 2023 /PRNewswire/ -- World Finance magazine has recognised a select group of companies that stand out within their particular fields of business and whose achievements have led to their inclusion in the World Finance Sustainability awards 2023.

Key Points: 
  • Now in their fifth year, the World Finance Sustainability Awards celebrate the companies putting green values at the forefront of their business operations.
  • In the World Finance Sustainability Awards, we celebrate those who have excelled in their sustainability efforts.
  • To read more about the full list of winners of the 2023 Sustainability awards pick up the latest issue of World Finance magazine , available online, on mobile and in print now.
  • World News Media, the parent company of World Finance, is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world.

World Finance announces Sustainability awards 2023 winners

Retrieved on: 
Monday, June 26, 2023

LONDON, June 26, 2023 /PRNewswire/ -- World Finance magazine has recognised a select group of companies that stand out within their particular fields of business and whose achievements have led to their inclusion in the World Finance Sustainability awards 2023.

Key Points: 
  • Now in their fifth year, the World Finance Sustainability Awards celebrate the companies putting green values at the forefront of their business operations.
  • In the World Finance Sustainability Awards, we celebrate those who have excelled in their sustainability efforts.
  • To read more about the full list of winners of the 2023 Sustainability awards pick up the latest issue of World Finance magazine , available online, on mobile and in print now.
  • World News Media, the parent company of World Finance, is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world.

CPKC and CSX announce planned collaboration to develop additional hydrogen locomotives

Retrieved on: 
Thursday, June 22, 2023

As an initial step in the collaboration, CSX plans to convert one of its diesel locomotives using a hydrogen conversion kit developed by CPKC.

Key Points: 
  • As an initial step in the collaboration, CSX plans to convert one of its diesel locomotives using a hydrogen conversion kit developed by CPKC.
  • “This innovative collaboration expands our hydrogen locomotive program beyond a single railroad and represents an exciting next step in proving the long-term viability of hydrogen as a solution to emissions reduction for our industry,” said Keith Creel, CPKC president and chief executive officer.
  • “Our hydrogen locomotive went from concept to reality in 24 months with the first zero emissions hydrogen locomotive having already pulled freight in revenue service.
  • This news release contains forward-looking information relating, but not limited, to, the planned collaboration between CPKC and CSX to develop additional hydrogen locomotives, the anticipated impacts of the collaboration on levels of carbon emissions, the anticipated date the second hydrogen locomotive is expected to enter into service, and other related matters associated with providing an effective solution to diesel locomotives.

CPKC launches carbon emissions calculator for its combined network

Retrieved on: 
Tuesday, June 20, 2023

CALGARY, AB, June 20, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today launched an updated carbon emissions calculator for its combined rail network in Canada, the United States and Mexico.

Key Points: 
  • CALGARY, AB, June 20, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today launched an updated carbon emissions calculator for its combined rail network in Canada, the United States and Mexico.
  • Updating our carbon calculator to cover our full combined network allows our customers to be engaged in CPKC's sustainability journey from the start."
  • Expanding on the individual former Canadian Pacific and Kansas City Southern carbon emissions calculators, the updated version of the tool incorporates customer-specific shipping details to calculate routes across CPKC's rail network and commodity-specific GHG emissions.
  • The calculator also provides information on highway safety and other public benefits of shipping with CPKC's freight rail services.

CPKC announces Investor Day webcast

Retrieved on: 
Friday, June 16, 2023

CALGARY, AB, June 16, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) announced today that it will webcast its Investor Day presentations in Kansas City on June 28, 2023.

Key Points: 
  • CALGARY, AB, June 16, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) announced today that it will webcast its Investor Day presentations in Kansas City on June 28, 2023.
  • The live webcast and presentation slides will be available on CPKC's website at www.cpkcinvestorday.com.
  • Presentation slides will be posted on June 28 prior to the event.
  • Members of CPKC's industry-leading senior executive team will share how CPKC is primed to execute the advantages of the new combined single-line network to drive long-term profitable growth.

CPKC announces results of director elections

Retrieved on: 
Thursday, June 15, 2023

All directors received at least 93.82 percent of votes cast.

Key Points: 
  • All directors received at least 93.82 percent of votes cast.
  • The advisory vote on approach to climate change (Say on Climate) received 83.70 percent approval.
  • Isabelle Courville, upon her re-election as a director, has been re-appointed Chair of CPKC's Board of Directors.
  • The detailed results of the vote by ballot on the election of directors are as follows:

New CPKC climate commitment aligned with SBTi Business Ambition for 1.5⁰C and Net Zero

Retrieved on: 
Thursday, June 8, 2023

"This represents an important milestone in the sustainability journey for the new CPKC," said Keith Creel, CPKC President and Chief Executive Officer.

Key Points: 
  • "This represents an important milestone in the sustainability journey for the new CPKC," said Keith Creel, CPKC President and Chief Executive Officer.
  • "It comes early in our integration and reaffirms our commitment to operating sustainably as we grow our business for the future.
  • This new commitment builds on the foundational work addressing climate change already underway, including our industry-leading Hydrogen Locomotive Program."
  • This consolidated target replaces individual former CP and KCS targets to provide a single SBTi validated target while CPKC continues its ongoing integration work.

CPKC adds 1,000 reefers to expanding MMX service

Retrieved on: 
Tuesday, May 30, 2023

MMX is North America's first single-line rail service offering for refrigerated shippers from the Midwest to Mexico, a market currently served by trucks.

Key Points: 
  • MMX is North America's first single-line rail service offering for refrigerated shippers from the Midwest to Mexico, a market currently served by trucks.
  • Single-line haul efficiencies, combined with seamless crossborder service, make CPKC intermodal transit times competitive with over the road trucks.
  • MMX trains offer third-day service to/from Laredo, fourth-day service to/from Monterrey, and 4.5-day service to/from San Luis Potosi.
  • In April, CPKC announced new multi-year agreements with Schneider and with Knight-Swift Transportation for intermodal transportation services along the CPKC single-line north-south corridor.

CPKC launches Mexico Midwest Express premium intermodal service

Retrieved on: 
Thursday, May 11, 2023

CALGARY, AB, May 11, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today launched the Mexico Midwest Express (MMX) Series premium intermodal service bringing customers the first truck-competitive, single-line rail service option between the Midwest and Mexico.

Key Points: 
  • CALGARY, AB, May 11, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today launched the Mexico Midwest Express (MMX) Series premium intermodal service bringing customers the first truck-competitive, single-line rail service option between the Midwest and Mexico.
  • "The Mexico Midwest Express offers truly best-in-class service and represents the growth potential of providing truck-competitive service and reliable rail transportation options for shippers with the newly-combined CPKC," said CPKC President and CEO Keith Creel.
  • Last month, CPKC announced new multi-year agreements with Schneider and with Knight-Swift Transportation for intermodal transportation services along the CPKC single-line north-south corridor.
  • This news release contains forward-looking information relating, but not limited, to, the future operational performance of the Mexico Midwest Express (MMX) Series premium intermodal service,  the potential customers and demands of the new service, the anticipated environmental and safety benefits of the MMX intermodal service, and other related matters associated with the MMX intermodal service and intermodal transporation services agreements.

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

Retrieved on: 
Friday, April 21, 2023

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.