Canadian Pacific Kansas City Signs Intermodal Services Deal With Knight-Swift
25 April 2023 - 11:59PM
Dow Jones News
By Robb M. Stewart
Canadian Pacific Kansas City Ltd. has struck a multiyear
agreement to provide truckload intermodal-transportation services
on its single line north-south corridor across North America for
Knight-Swift Transportation Holdings Inc.
The rail company said Knight-Swift's Mexico customer base will
be able to leverage a broad network of rail lines and terminals to
improve service reliability and competitiveness.
As Knight-Swift will transition its Mexico-U.S. traffic to
Canadian Pacific starting in mid-May, Canadian Pacific said it will
focus on growth between the Chicago, Texas and Mexico markets.
Canadian Pacific earlier this month finalized its combination
with Kansas City Southern, creating a single-line railway
connecting Canada, the U.S. and Mexico.
The company last week signed an agreement with multimodal
logistics company Schneider National Inc. to provide single-line
intermodal transportation on its north-south corridor.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
April 25, 2023 09:44 ET (13:44 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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