CPKC

CPKC photo

CPKC 1Q24: ‘Well Positioned to Deliver on 2024 Guidance’

“We exited last year with strong momentum and our performance in the first quarter, combined with an improving demand environment, has us well positioned to deliver on our 2024 guidance,” Canadian Pacific Kansas City (CPKC) President and CEO Keith Creel said in an April 24 earnings announcement. “As we enter the second year of our forever story, we are focused on safely executing on the unique and undeniable opportunities this franchise creates and delivering long-term value for our employees, customers and shareholders.”

STG Logistics photo

Class I Briefs: UP, CPKC

Union Pacific (UP) extends its long-running partnership with STG Logistics. Also, the Brotherhood of Railway Carmen Division (BRC-TCU) secures a sick leave agreement with Canadian Pacific Kansas City (CPKC).

CSX Unveils First HFC Locomotive

A little less than one year ago, CSX partnered with CPKC (Canadian Pacific Kansas City) to develop hydrogen fuel cell (HFC)-powered locomotives. On April 16, CSX unveiled its first unit, a “groundbreaking”

CPKC on April 4 reported on LinkedIn that 10 AC4400 locomotives near Golden, B.C. “are powered partly by plants, marking a significant step toward sustainability.” (CPKC Photograph)

Class I Briefs: CPKC, CN

Canadian Pacific Kansas City (CPKC) marks the one-year anniversary of its biofuels pilot. Also, CN appoints a new President and CEO at TransX.

STB Briefs: IANR, BGNR

In separate rulings, the Surface Transportation Board denied Canadian Pacific Kansas City’s petition seeking reconsideration of the Board’s prior decision to classify CN’s acquisition of Iowa Northern a “minor transaction”; and extended