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Canadian Pacific Kansas City Limited (CPKC) is a transcontinental freight railway company operating across Canada, the United States, and Mexico. The company provides rail and intermodal transportation services over a network of approximately 20,000 miles, serving principal business centers in these three countries. CPKC's operations focus on transporting a variety of goods, including bulk commodities, industrial and consumer products, and retail goods in containers.
- Merchandise - Transports industrial and consumer products such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive.
- Bulk Commodities - Moves large volumes of grain, coal, potash, and fertilizers and sulphur across long distances.
- Intermodal - Facilitates the transportation of retail goods in overseas containers that can be moved by train, ship, and truck, as well as domestic containers that can be moved by train and truck.
Name | Position | External Roles | Short Bio | Start Date |
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Keith Creel ExecutiveBoard | President and Chief Executive Officer | Representative on the Association of American Railroads. | Keith Creel has been CEO since 2017 and led the merger of CP and KCS. He is recognized for industry-leading safety and operational efficiency. | January 31, 2017 |
James Clements Executive | Executive Vice-President, Strategic Planning and Technology | None mentioned. | James Clements has over 20 years at CP, leading strategic planning and technology transformation. | September 1, 2019 |
Jeffrey Ellis Executive | Executive Vice-President, Chief Legal Officer, and Corporate Secretary | Board Member of the Railway Association of Canada. | Jeffrey Ellis joined CP in 2015 and has been instrumental in legal strategy and regulatory approvals for the CP-KCS merger. | November 23, 2015 |
John Brooks Executive | Executive Vice-President and Chief Marketing Officer | None mentioned. | John Brooks leads marketing and sales, focusing on customer partnerships and growth opportunities. He joined CP in 2007. | February 2019 |
Laird Pitz Executive | Senior Vice-President and Chief Risk Officer | None mentioned. | Laird Pitz has over 40 years of experience in risk mitigation and security. He joined CP in 2014. | October 17, 2017 |
Maeghan Albiston Executive | Vice-President and Chief Human Resources Officer | None mentioned. | Maeghan Albiston leads HR and pension management. She has been with CP since 2005 and held leadership roles in capital markets. | N/A |
Mark Redd Executive | Executive Vice-President and Chief Operating Officer | None mentioned. | Mark Redd oversees network operations and labor relations. He joined CP in 2013 and has held multiple senior roles. | April 14, 2023 |
Nadeem Velani Executive | Executive Vice-President and Chief Financial Officer | None mentioned. | Nadeem Velani oversees financial planning, investor relations, and treasury. Previously VP of Investor Relations. | N/A |
Andrea Robertson Board | Independent Director | Chair of Calgary Airport Authority Board. | Andrea Robertson has extensive leadership experience in healthcare and aviation. She has been a director since 2019. | July 15, 2019 |
Edward R. Hamberger Board | Independent Director | Board Member at the Transportation Institute, University of Denver. | Edward Hamberger is a transportation industry veteran and former CEO of the Association of American Railroads. | July 15, 2019 |
Gillian H. Denham Board | Independent Director | Director at Kinaxis Inc. and FWD Group Holdings Ltd.; Member of PineBridge Investments. | Gillian Denham has extensive experience in governance and executive compensation. She has been a director since 2016. | September 6, 2016 |
Gordon T. Trafton Board | Independent Director | Member of Leeds School of Business Advisory Board, Sacred Cow Consulting, and Pacific National. | Gordon Trafton chairs the Risk and Sustainability Committee and has expertise in transportation and governance. | January 1, 2017 |
Isabelle Courville Board | Chair of the Board of Directors | Chair of Veolia Environnement S.A. committees; Member of IGOPP and Quebec Institute of Directors. | Isabelle Courville has been Chair since 2019 and is recognized for her governance expertise and leadership in sustainability. | May 7, 2019 |
Jane L. Peverett Board | Independent Director | Director at Northwest Natural Gas, Capital Power, and Suncor Energy; Chair of CSA Group. | Jane Peverett is an audit expert with extensive board experience. She has been a director since 2016. | December 13, 2016 |
Matthew H. Paull Board | Independent Director | Director at Air Products & Chemicals; Former Advisory Board Member at Pershing Square. | Matthew Paull is a financial expert and former CFO of McDonald’s Corporation. He has been a director since 2016. | January 26, 2016 |
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In the context of potential new tariffs and trade policy uncertainties between the U.S., Mexico, and Canada, can you elaborate on how these risks could impact your mid-single-digit volume growth guidance for 2025, especially in areas like automotive and intermodal that rely heavily on cross-border trade?
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Given your view that the operating ratio is an outcome of various factors, and aiming to achieve sub-60% before targeting further improvements, can you provide specific details on the key initiatives and potential challenges that might accelerate or hinder your progress toward achieving an operating ratio in the low 50s over the long term?
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Considering that Norfolk Southern has the option to purchase the Dallas Intermodal Terminal (Wylie), how would exercising this option by NS impact your strategic operations and growth plans in the Dallas market, particularly regarding your automotive and intermodal growth initiatives?
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With ongoing labor negotiations and agreements at various stages in Mexico, the U.S., and Canada, what specific steps are you taking to harmonize labor practices and enhance productivity across your network, and how might these efforts influence your operational efficiency and financial performance in 2025 and beyond?
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After experiencing several disruptions in 2024 such as port strikes, weather impacts, and labor stoppages, what measures have you implemented to mitigate the risk of similar events in the future, and what gives you confidence that these episodic disruptions will not recur in 2025, ensuring the reliability and stability of your operations?
Notable M&A activity and strategic investments in the past 3 years.
Company | Year | Details |
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Kansas City Southern (KCS) | 2023 | Completed acquisition: Canadian Pacific Railway, which later became Canadian Pacific Kansas City Limited (CPKC), acquired KCS by entering into a merger agreement in September 2021 and fully assumed control on April 14, 2023 after regulatory approval on March 15, 2023. The deal, executed in stages, remeasured a $44,402 million investment to a fair value of $37,227 million and created the only single-line rail network linking the United States, Mexico, and Canada, including key assets like concession rights in Mexico (expiring in June 2047). |
Recent developments and announcements about CP.
Press Releases
Press Release
·Feb 12, 2025, 1:49 AMView full press release →CPKC has dedicated the Patrick J. Ottensmeyer International Railway Bridge. The $100M project adds a second 1,170‑ft track, more than doubling capacity at the US–Mexico border and strengthening a key trade corridor.