In reporting first-quarter 2026 results, Canadian Pacific Kansas City (CPKC) President and CEO Keith Creel said, “Our talented team of world-class railroaders executed our precision scheduled railroading plan with discipline, driving meaningful improvements in network fluidity, terminal performance and other key operating metrics, while delivering solid first-quarter results. Despite ongoing market and macroeconomic headwinds, we delivered volume growth demonstrating the resiliency and competitive advantage of our unrivaled North American network.” Following are among CPKC’s first-quarter 2026 results: Revenues came in at $C3.7 billion, down 2% from $C3.8 billion in first-quarter 2025. Diluted earnings per share (EPS) decreased 3% to C$0.94 and core adjusted diluted EPS decreased 2% to C$1.04 from C$1.06 in first-quarter 2025. The reported operating ratio (OR) increased 70 basis points (bps) to 66.0% from 65.3% and core adjusted OR increased 50 bps to 63.0% from 62.5% in first-quarter 2025, both of which include “year-over-year headwinds of approximately four cents from foreign exchange and three cents from changes in fuel price,” according to CPKC. Federal Railroad Administration (FRA)-reportable personal injury frequency decreased to 0.91 from 0.97 in first-quarter 2025. FRA-reportable train accident frequency increased to 0.93 from 0.38 in first-quarter 2025. “As we celebrate our third anniversary as CPKC, I want to recognize the dedication of our railroaders and their strong execution of our operation plan, as we remain focused on controlling what we can control in a dynamic economic environment,” said Creel. “CPKC’s long-term value proposition is strong, and we are confident in our ability to deliver…
