Solid third quarter results; on track to deliver a strong 2026, says CPKC

By Dave Lueneberg

Third quarter figures, released Wednesday by Canadian Pacific Kansas City, reveal revenues of $4.2 billion – a rise of $500,000, or 15-percent, when compared to Q3 last year.

“CPKC delivered solid results, powered by momentum across our unrivalled North American network, countering macroeconomic headwinds during the quarter,” said CEO and President Keith Creel.

“The railroad is running very well, our service remains strong, and we continue to deliver growth across key markets, including grain, intermodal and merchandise.”

Creel believes the railway company is ‘on track’ to meet earlier projected commitments, supported, in his words, by disciplined execution and a robust commercial pipeline.

Earlier this year, CPKC set several multiple records for both monthly and quarterly container shipments of grain in both Canada and the U.S.