Canadian Pacific Kansas City reported fourth-quarter earnings of $0.95 per share, below the Zacks Consensus Estimate of $0.99 and up modestly from $0.92 in the year-ago period. Revenue increased 4.5% year-over-year, driven by volume growth in intermodal freight, while operating expenses rose 3.2% as the company invested in network capacity enhancements. Chief Executive Keith Creel highlighted disciplined cost control measures that limited unit operating costs to a 1.8% rise despite macroeconomic and trade policy headwinds, enabling an operating ratio of 62.4%, an improvement of 90 basis points from the prior year’s quarter.

CPKC appointed industry veteran Gordon Trafton as vice-chair of the board, effective January 28, 2026. A 33-year railroad executive and board member since 2017, Trafton chaired the Risk and Sustainability Committee and served on the Management Resources and Compensation Committee. The company also added Marc Parent, former President and CEO of CAE, and nominated Kate Stevenson, current Chair of CIBC’s board, for election at its April 2026 Annual General Meeting. These moves strengthen CPKC’s governance with deep transportation, aerospace and financial expertise as the railway expands its single-line network across North America.