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CP Canadian Pacific Kansas City Limited

110.50
-1.13 (-1.01%)
29 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Canadian Pacific Kansas City Limited TSX:CP Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.13 -1.01% 110.50 110.44 110.58 112.21 110.13 112.00 3,728,818 21:14:58

Canadian Pacific Kansas City Signs Intermodal Services Agreement With Schneider

21/04/2023 2:45pm

Dow Jones News


Canadian Pacific Kansas ... (TSX:CP)
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By Adriano Marchese

 

Canadian Pacific Kansas City has signed an agreement with multimodal logistics company Schneider National Inc. to provide new single-line intermodal transportation on its north-south corridor connecting the U.S. and Mexico.

The newly-combined Canadian railroad said Friday that Schneider would transition its Mexico-U.S. traffic to CPKC starting in mid-May and the new services is expected to create service in lanes that haven't had single-line, truck-competitive intermodal options in the past.

As part of the multi-year agreement, Schneider would serve as an anchor domestic intermodal customer on CPKC's north-south flagship service between Chicago and all major destinations south of the border in Mexico, Canadian Pacific said.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

April 21, 2023 09:30 ET (13:30 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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