Northwire Canada EditionSunday, October 18, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Other

Cdn Pacific Kansas continues locomotive fleet renewal

By The Northwire Desk — AI Analysis Jan 21, 2026 · 20:10 CP · 99.55 Canadian Pacific Kansas City Ltd
CP · Price

Executive Summary

  • CPKC is continuing its multi-year $800 million (U.S.) investment in American manufacturing to renew its locomotive fleet, focusing on Tier 4 emissions-compliant units.
  • The company has finalized the purchase of 100 Wabtec Tier 4 locomotives built in Texas, with 70 expected for delivery in 2025 and 30 additional units from Progress Rail scheduled for 2026.
  • These investments are part of CPKC's previously announced multi-year capital plan aimed at improving fleet reliability, fuel efficiency, and service capacity.

Key Details

  • Total Investment: $800 million (U.S.) over multiple years in American manufacturing.
  • Wabtec Order:
    • Total units purchased: 100 Tier 4 locomotives.
    • Manufacturing location: Dallas, Texas.
    • 2025 Delivery: 70 units expected this year, including the first two Wabtec Evolution Series ET44AC Tier 4 locomotives expected in January.
  • Progress Rail Order:
    • Total units ordered: 65 new Tier 4 locomotives.
    • Specific 2026 Delivery: 30 EMD SD70ACe-T4 Tier 4 freight locomotives expected in the second half of 2026.
    • Manufacturing location: Muncie, Indiana.
  • Strategic Goals: Enhance road locomotive fleet for growth, maintain industry-leading service, and improve reliability and fuel efficiency.

Notable Quotes

  • "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 $800-million (U.S.) investment in American manufacturing capacity." — 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." — Mark Redd, CPKC Executive Vice-President and Chief Operating Officer.
Read the original news release →

More from Canadian Pacific Kansas City Ltd

Jun 18, 2026 · 07:00

CPKC's record grain volumes and labor stability drive a 24% rally, but valuation is stretched near 52-week highs ahead of Q2 results.

Production / Operations Jun 02, 2026 · 16:05

CPKC Grain Volumes Hit New Monthly Peak, But Supply Chain Bottlenecks Loom as Record Momentum Meets Physical Limits

Production / Operations May 31, 2026 · 10:18

CPKC Weathers IBEW Strike as Record Grain Volumes and SMX Expansion Fuel Operational Momentum

Production / Operations May 27, 2026 · 21:46

CPKC braces for signals and communications work stoppage as IBEW serves strike notice; contingency plans seen limiting fallout.

Production / Operations May 11, 2026 · 07:00

CPKC Defends Competitive Moat Against UP-NS Merger as Dividend Growth Signals Cash Flow Strength

M&A / Property May 06, 2026 · 09:00

CPKC Service Upgrades Signal Execution of Integration Synergies, Yet Valuation Remains Stretched Near Cycle Peaks

Production / Operations