CPKC

(CN Photograph)

Class I Briefs: CN, CPKC

CN subsidiary CNTL (CN Transportation Ltd.) reaches a second tentative agreement with Unifor-affiliated owner-operators. Also, Canadian Pacific Kansas City (CPKC) announces its CEO Award recipient.

Ed Boyle, Vice President Engineering, Norfolk Southern (NS Photograph)

Forward Focus

2024 READERS’ MOST INFLUENTIAL LEADERS, RAILWAY AGE MAY 2024 ISSUE: Railway Age’s 2024 subscriber-selected honorees all embody an entrepreneurial spirit anchored in a commitment to service, safety and sustainability.

CTA Sets CN, CPKC 2024–2025 VRCPIs

The Canadian Transportation Agency (CTA) has set its determination of the Volume-Related Composite Price Index (VRCPI) for CN at 1.9281 and Canadian Pacific Kansas City (CPKC) at 1.8760 for the 2024–2025 crop year beginning

Norfolk Southern will serve Anderson-DuBose Company’s new cold-storage distribution facility in Jacksonville, Fla.-based Westlake Industrial Park (pictured). (NS Image)

Industrial Development Briefs: NS, CPKC

Norfolk Southern (NS) is selling property in Jacksonville, Fla., for the development of a $60 million rail-served food storage and distribution facility. Also, temperature-controlled warehouser and distributor NewCold is investing C$222 million in a new Southern Alberta food storage facility, to be served by Canadian Pacific Kansas City (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).