Cdn Pacific Kansas continues locomotive fleet renewal

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.