CALGARY, AB, Jan. 29, 2025 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today announced its fourth-quarter results, including revenues of $3.9 billion, diluted earnings per share (EPS) of $1.28 and core adjusted combined diluted EPS1 of $1.29.
Fourth-quarter 2024 results
Revenues increased by three percent to $3.9 billion from $3.8 billion in Q4 2023Reported operating ratio (OR) decreased by 210 basis points to 59.7 percent from 61.8 percent in Q4 2023Core adjusted combined OR1 decreased by 160 basis points to 57.1 percent from 58.7 percent in Q4 2023Reported diluted EPS increased to $1.28 from $1.10 in Q4 2023Core adjusted combined diluted EPS1 increased nine percent to $1.29 from $1.18 in Q4 2023Federal Railroad Administration (FRA)-reportable personal injury frequency decreased to 0.84 from 1.13 in Q4 20232FRA-reportable train accident frequency decreased to 1.03 from 1.08 in Q4 2023CALGARY, AB, Jan. 28, 2025 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said that it has reached a tentative four-year collective agreement with the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) representing engineering service employees in Canada.
"Working together with the TCRC-MWED, we are pleased to have reached an agreement that is good for our railroaders and their families across Canada," said Keith Creel, CPKC President and Chief Executive Officer. "With another tentative collective agreement completed at the negotiating table, we can continue our work safely and efficiently serving our customers and delivering for the Canadian economy."
CALGARY, AB, Jan. 28, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said that it has reached a tentative four-year collective agreement with the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) representing engineering service employees in Canada.
"Working together with the TCRC-MWED, we are pleased to have reached an agreement that is good for our railroaders and their families across Canada," said Keith Creel, CPKC President and Chief Executive Officer. "With another tentative collective agreement completed at the negotiating table, we can continue our work safely and efficiently serving our customers and delivering for the Canadian economy."
CALGARY, AB, Jan. 27, 2025 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it has reached a tentative four-year collective agreement with Unifor representing approximately 1,200 employees at CPKC in Canada.
"We are pleased to have reached a tentative collective agreement at the negotiating table with our mechanical employees in Canada," said Keith Creel, CPKC President and Chief Executive Officer. "By working collaboratively together with Unifor, we have reached an agreement benefiting our employees and their families while continuing to serve the needs of our customers and keeping the Canadian economy moving forward."
CALGARY, AB, Jan. 27, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it has reached a tentative four-year collective agreement with Unifor representing approximately 1,200 employees at CPKC in Canada.
"We are pleased to have reached a tentative collective agreement at the negotiating table with our mechanical employees in Canada," said Keith Creel, CPKC President and Chief Executive Officer. "By working collaboratively together with Unifor, we have reached an agreement benefiting our employees and their families while continuing to serve the needs of our customers and keeping the Canadian economy moving forward."
CALGARY, AB, Jan. 8, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) will release its fourth-quarter and full-year 2024 financial and operating results after the market close on Jan. 29, 2025.
CPKC will discuss its results with the financial community in a conference call beginning at 4:30 p.m. ET (2:30 p.m. MT) on Jan. 29, 2025.
Conference Call Access Canada and U.S.: 800-343-4849 International: 203-518-9848 *Conference ID: CPKCQ424 Callers should dial in 10 minutes prior to the call.
CALGARY, AB, Jan. 8, 2025 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) will release its fourth-quarter and full-year 2024 financial and operating results after the market close on Jan. 29, 2025.
CPKC will discuss its results with the financial community in a conference call beginning at 4:30 p.m. ET (2:30 p.m. MT) on Jan. 29, 2025.
Conference Call Access Canada and U.S.: 800-343-4849 International: 203-518-9848 *Conference ID: CPKCQ424 Callers should dial in 10 minutes prior to the call.
CALGARY, AB , Dec. 23, 2024 /PRNewswire/ - Canadian Pacific Kansas City (CPKC) said today that the 2024 CPKC Holiday Train program raised over $1.75 million and collected more than 130,000 pounds of food for local food banks during its four-week journey across Canada and the United States.
"I am continually amazed with the excitement and enthusiasm the Holiday Train generates during its annual journey across North America as it celebrates the holiday season while supporting local communities and charities," said Keith Creel, CPKC President and Chief Executive Officer. "Thank you to the thousands of individuals, young and old, who joined us this year to see the Holiday Train during its magical trip and gave so generously to support local organizations helping those in need."
CALGARY, AB , Dec. 23, 2024 /CNW/ - Canadian Pacific Kansas City (CPKC) said today that the 2024 CPKC Holiday Train program raised over $1.75 million and collected more than 130,000 pounds of food for local food banks during its four-week journey across Canada and the United States.
"I am continually amazed with the excitement and enthusiasm the Holiday Train generates during its annual journey across North America as it celebrates the holiday season while supporting local communities and charities," said Keith Creel, CPKC President and Chief Executive Officer. "Thank you to the thousands of individuals, young and old, who joined us this year to see the Holiday Train during its magical trip and gave so generously to support local organizations helping those in need."
Patrick J. Ottensmeyer International Railway Bridge more than doubles CPKC capacity at the border
CALGARY, AB, Dec. 17, 2024 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) said today it has completed construction of the new international railway bridge span over the Rio Grande from Laredo, Texas, to Nuevo Laredo, Tamaulipas.
"Completion of this internationally important project more than doubles our capacity to move freight through the border at the largest international trade port of entry in North America," said Keith Creel, CPKC President and Chief Executive Officer. "This is an important milestone that keeps Laredo-Nuevo Laredo at the center of North American trade, allowing the secure and efficient movement of more imports and exports across the U.S.-Mexico border.
Patrick J. Ottensmeyer International Railway Bridge more than doubles CPKC capacity at the border
CALGARY, AB, Dec. 17, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) said today it has completed construction of the new international railway bridge span over the Rio Grande from Laredo, Texas, to Nuevo Laredo, Tamaulipas.
"Completion of this internationally important project more than doubles our capacity to move freight through the border at the largest international trade port of entry in North America," said Keith Creel, CPKC President and Chief Executive Officer. "This is an important milestone that keeps Laredo-Nuevo Laredo at the center of North American trade, allowing the secure and efficient movement of more imports and exports across the U.S.-Mexico border.
CALGARY, AB, Dec. 12, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) and Americold Realty Trust, Inc. (NYSE: COLD) today announced plans to formally explore co-development opportunities in Mexico as part of their continued strategic collaboration focused on optimizing temperature-sensitive commodity flows between the United States, Mexico and Canada.
Americold and CPKC established a strategic collaboration in June 2023 to optimize temperature controlled logistics across North America. CPKC connects North American markets with single-line, expedited intermodal freight transportation and a fleet of TempPro™ temperature-protected intermodal containers for reliable door-to-door transit competitive with over the road trucks. Americold is a global leader in temperature-controlled logistics and its cold chain ecosystem plays an integral role in the food supply chain connecting production, distribution and consumption for many of the largest food companies in the world.
CALGARY, AB, Dec. 12, 2024 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) and Americold Realty Trust, Inc. (NYSE: COLD) today announced plans to formally explore co-development opportunities in Mexico as part of their continued strategic collaboration focused on optimizing temperature-sensitive commodity flows between the United States, Mexico and Canada.
Americold and CPKC established a strategic collaboration in June 2023 to optimize temperature controlled logistics across North America. CPKC connects North American markets with single-line, expedited intermodal freight transportation and a fleet of TempPro™ temperature-protected intermodal containers for reliable door-to-door transit competitive with over the road trucks. Americold is a global leader in temperature-controlled logistics and its cold chain ecosystem plays an integral role in the food supply chain connecting production, distribution and consumption for many of the largest food companies in the world.
CALGARY, AB, Nov. 27, 2024 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) President and Chief Executive Officer Keith Creel and Executive Vice-President and Chief Operating Officer Mark Redd will now address the 2024 UBS Global Industrials and Transportation Conference on Dec. 4, 2024, at 9:40 a.m. ET.
CPKC will provide access to the live audio webcast at investor.cpkcr.com. A replay will also be available following the conclusion of the event.
About Canadian Pacific Kansas CityWith 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 of México 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
CALGARY, AB, Nov. 27, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) President and Chief Executive Officer Keith Creel and Executive Vice-President and Chief Operating Officer Mark Redd will now address the 2024 UBS Global Industrials and Transportation Conference on Dec. 4, 2024, at 9:40 a.m. ET.
CPKC will provide access to the live audio webcast at investor.cpkcr.com. A replay will also be available following the conclusion of the event.
About Canadian Pacific Kansas CityWith 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 of México 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
CALGARY, AB, Nov. 20, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) and ATCO EnPower, a division of Canadian Utilities Limited (TSX: CU) today said construction of hydrogen production and refuelling facilities in Calgary and in Edmonton is now complete and the facilities are fully operational.
As part of its innovative Hydrogen Locomotive Program, CPKC is retrofitting a number of diesel locomotives with hydrogen fuel cells so they can operate without directly generating emissions.
CALGARY, AB, Nov. 20, 2024 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) and ATCO EnPower, a division of Canadian Utilities Limited (TSX: CU) today said construction of hydrogen production and refuelling facilities in Calgary and in Edmonton is now complete and the facilities are fully operational.
As part of its innovative Hydrogen Locomotive Program, CPKC is retrofitting a number of diesel locomotives with hydrogen fuel cells so they can operate without directly generating emissions.
CALGARY, AB, Nov. 19, 2024 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) President and Chief Executive Officer Keith Creel and Executive Vice-President and Chief Operating Officer Mark Redd will address the 2024 UBS Global Industrials and Transportation Conference on Dec. 3, 2024, at 8:50 a.m. ET.
CPKC will provide access to the live audio webcast at investor.cpkcr.com. A replay will also be available following the conclusion of the event.
CALGARY, AB, Nov. 19, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) President and Chief Executive Officer Keith Creel and Executive Vice-President and Chief Operating Officer Mark Redd will address the 2024 UBS Global Industrials and Transportation Conference on Dec. 3, 2024, at 8:50 a.m. ET.
CPKC will provide access to the live audio webcast at investor.cpkcr.com. A replay will also be available following the conclusion of the event.
CALGARY, AB, Oct. 30, 2024 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) Executive Vice-President and Chief Marketing Officer John Brooks and Senior Vice-President Accounting, Planning and Procurement Ian Gray will address the 24th Annual Scotiabank Transportation & Industrials Conference on Nov. 13, 2024, at 9 a.m. ET.
CPKC will provide access to the live audio webcast at investor.cpkcr.com. A replay will also be available following the conclusion of the event.
About Canadian Pacific Kansas CityWith 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 of México 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
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