Mr. Keith Creel reports

CPKC LAUNCHES MEXICO MIDWEST EXPRESS PREMIUM INTERMODAL SERVICE

Canadian Pacific Kansas City Ltd. has launched the Mexico Midwest Express (MMX) series premium intermodal service, bringing customers the first truck-competitive, single-line rail service option between the Midwest and Mexico.

As the only dedicated intermodal trains operating daily between the U.S. Midwest and Mexico, the MMX series provides the fastest transit times in the rail industry with seamless, expanded reach to more markets.

"The Mexico Midwest Express offers truly best-in-class service and represents the growth potential of providing truck-competitive service and reliable rail transportation options for shippers with the newly combined CPKC," said Canadian Pacific Kansas City president and chief executive officer Keith Creel. "This is a game changer for this essential north-south trade corridor. Customers already are signing up for these new options as we compete hard to grow our business."

Last month, Canadian Pacific Kansas City announced new multiyear agreements with Schneider and with Knight-Swift Transportation for intermodal transportation services along the Canadian Pacific Kansas City single-line north-south corridor.

The MMX series debuted May 11 with trains MMX-180 and MMX-181 which now link Chicago, Kansas City, Texas markets, Monterrey and San Luis Potosi. The trains offer third-day service to/from Laredo, fourth-day service to/from Monterrey and 4.5-day service to/from San Luis Potosi. MMX provides total transit time of 98 hours from Chicago to San Luis Potosi -- a day faster than the nearest competitor.

A diverse group of shippers, moving a variety of products, will utilize this new service. Single-line haul efficiencies, combined with seamless crossborder service, make Canadian Pacific Kansas City intermodal transit times competitive with over-the-road trucks. Converting trucks to rail reduces emissions and makes highways safer, realization of the benefits of the Canadian Pacific Kansas City combination.

Since March, 2022, dedicated intermodal service between Lazaro Cardenas, Mexico, and Chicago has been operating as a proof of concept on an interline basis. Canadian Pacific Kansas City is working with customers and investing in infrastructure to unlock the full potential of the newly combined network while continually raising the bar with industry-leading safety and sustainability practices.

About Canadian Pacific Kansas City Ltd.

With its global headquarters in Calgary, Alta., Canada, Canadian Pacific Kansas City is the first and only single-line transnational railway linking Canada, the United States and Mexico, with unrivalled access to major ports from Vancouver to Atlantic Canada to the Gulf of Mexico to Lazaro Cardenas, Mexico. Stretching approximately 20,000 route miles and employing 20,000 railroaders, Canadian Pacific Kansas City provides North American customers unparalleled rail service and network reach to key markets across the continent. Canadian Pacific Kansas City is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.

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