Stocks TradingCharts.com

stocks prices, charts & quotes

Free Stock Prices, Charts & Stock Price Quotes

Search
Symbol Search Browse Symbols My Charts Menu
QUICK QUOTE
QUICK CHART
F.A.Questions Suggestion Box Advertising Info Commodity Charts Forex Markets

Stocks & Financial News

Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts

CPKC investing US$800 million in American manufacturing with Tier 4 locomotives

Mar 04, 2026 (CNW Group) --

CPKC investing US$800 million in American manufacturing with Tier 4 locomotives

Canada NewsWire

CALGARY, AB, Jan. 21, 2026 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) this year is continuing the renewal of its locomotive fleet with the world's two leading locomotive manufactures as part of an ongoing multi-year US$800 million investment in American industry.

Tier 4 locomotive (CNW Group/CPKC)

Having completed the purchase of 100 Wabtec Tier 4 locomotives built in Texas in 2025, today CPKC said it will add 30 additional Tier 4 locomotives from Progress Rail in 2026 to be built in Indiana. This year,(EQNX::nobreakspace)CPKC also expects delivery of 70 more Texas-built Tier 4 units from Wabtec. (EQNX::nobreakspace)(EQNX::nobreakspace)

"Our purchase of additional new Tier 4 locomotives, proudly made in the USA, continues CPKC's commitment to renew our locomotive fleet through a more than US$800 million investment in American manufacturing capacity," said Mark Redd, CPKC Executive Vice President and Chief Operating Officer. "We are investing in our road locomotive fleet for growth and to maintain our industry-leading service for our customers and the North American economy, powered by a fleet with improved reliability and fuel efficiency." (EQNX::nobreakspace)

In January, CPKC expects to receive the first two of 70(EQNX::nobreakspace)Wabtec Evolution Series ET44AC Tier 4 locomotives being built this year for CPKC at the company's manufacturing facility in Dallas, Texas.

In the second half of 2026, CPKC expects to take delivery of 30 new EMD(EQNX::registered) SD70ACe-T4 Tier 4 freight locomotives to be manufactured at Progress Rail's facility in Muncie, Indiana. These locomotives are part of an order for 65 new Tier 4 locomotives to be built by Progress Rail.

These locomotive investments continue CPKC's locomotive renewal program and are part of CPKC's previously announced multi-year capital plan.

About CPKC

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and M(EQNX::eacute)xico, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to L(EQNX::aacute)zaro C(EQNX::aacute)rdenas, M(EQNX::eacute)xico. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com(EQNX::nobreakspace)to learn more about the rail advantages of CPKC. CP-IR

CPKC Logo (CNW Group/CPKC)

comtex tracking

COMTEX_474647343/2669/2026-03-04T11:24:56

Do not sell my personal information

Copyright © 2026. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.