Canadian Pacific Kansas City (CPKC) reported a 2% decrease in its revenue in the first quarter of 2026 (1Q26) compared to the same period last year.

According to its quarterly report, the railway company stated that in Q1 2026 it earned 3.701 billion Canadian dollars compared to 3.795 billion Canadian dollars in the same period of 2025.

“Despite ongoing market and macroeconomic headwinds, we achieved volume growth, demonstrating the resilience and competitive advantage of our unmatched North American network,” said Keith Creel, President and CEO of CPKC.

During the first quarter of the year, the movement of the grain segment, and that of fertilizers and sulfur, were the only ones that registered growth .

For the first segment, the railway company explained that the increase was due to larger volumes of Canadian grains to Vancouver, British Columbia and eastern Canada, and of US grains to Mexico and the Pacific Northwest of the United States.

CPKC mentioned that its volumes, measured in tonnes per revenue mile, increased by 2% compared to the same period in 2025.

“CPKC’s long-term value proposition is strong, and we are confident in our ability to deliver on our full annual commitment, while continuing to provide unique solutions to our customers and connecting this continent in ways only CPKC can,” Creel emphasized.

He noted that looking ahead, comparisons will be more challenging in the second quarter before the new products become available at the Port of St. John and also in Lázaro Cárdenas, and increase in the second half of the year.

He announced that in the coming days they will unveil the Southeast Mexico Express (SMX) service and the partnership with CSX . The new product will offer customers truck-like reliability, connecting some of North America’s largest production and consumption markets between Mexico, Texas, Georgia, and Florida .

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The country’s railway industry will hold the sixth edition of Railway Road Safety Week in  Mexico from September 22 to 28, with the goal of raising awareness about the importance of prevention around train tracks.

“It’s an awareness campaign, explaining to people, not just drivers but also children, and people near the tracks, including cyclists. We tell them you have to pick up your bike. The key message is: stop, look, and listen. If you stop before crossing the tracks, see that the train isn’t coming, and hear that the train isn’t coming, you’re saving your life and the lives of those with you. The other thing is, if you see tracks, think of the train,” said Oscar Del Cueto, president of Canadian Pacific Kansas City (CPKC) in Mexico.

In a radio interview, he explained that 500 trains operate daily across the entire network in Mexico , hence the awareness campaign so people can be cautious, regardless of whether they regularly cross the tracks.

“What motorists, whether they cross the road every day or are crossing it for the first time, need to do is always be alert. If you see tracks, think of trains; if you see tracks, stop before crossing. We’re talking at least five to 10 meters away from the road to avoid an accident,” he said.

He mentioned that several accidents have occurred over the years, not only due to the lack of signaling, but also due to people’s carelessness. “It’s better to wait 10 to 15 minutes for the entire train to pass than to later regret situations like those we’ve experienced in previous years and recently.”

According to the Rail Transport Regulatory Agency (ARTF) , 784 vehicle collisions were recorded in 2024, an increase of 4.6% compared to 2023.

It should be noted that so far this year, the agency has only published figures up to the first quarter of this year, highlighting a 5% drop in incidents of this type.

The executive emphasized that in the case of the train accident on his tracks in the municipality of Atlacomulco, State of Mexico, the train was traveling at an authorized speed, even lower.

“The problem is how do you stop a convoy of that size? A train that weighs approximately 10,000 tons, traveling at a speed of 48 km/h, needs at least 1 km to stop. Even if it sees the bus and applies emergency braking, it won’t even stop. Our crew was called to testify as witnesses. All regulations state that you have to stop before crossing the railroad tracks. The train has priority, even over firefighters and ambulances. You can’t stop a train. Any municipal, state, or federal regulation requires you to stop before crossing the tracks. So, the railroad company isn’t responsible. The bus company is responsible, but the invitation this week and every day is to stop before crossing the railroad tracks,” he stated.

He stated that in this case , they had already provided the information requested by the corresponding authority and regretted the accident.

Oscar Del Cueto said that CPKC Mexico conducts a year-round campaign called Alto Total at the intersections with the highest number of accidents, such as Monterrey, Morelia, and San Luis Potosí.

“We go and give all operators, both public and freight, as well as motorists, a sheet explaining the basics: if you see tracks, think of a train; if you’re about to reach the tracks, stop, look, and listen. Recently, three or four years ago, Waze, the app that guides us to destinations, was able to warn you if there are any tracks you’re about to cross. This is now an additional measure for this app,” he said.

He recalled that Canada and the United States also hold Rail Road Safety Week, although it takes place from September 15 to 21.

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Canadian Pacific Kansas City (CPKC) has completed construction of the new section of the international rail bridge over the Rio Grande from Laredo, Texas, to Nuevo Laredo, Tamaulipas, which will double its capacity between Mexico and the United States and required an investment of 100 million dollars.

“The completion of this internationally significant project more than doubles our cross-border freight capacity at North America’s largest international trade gateway,” said Keith Creel, the company’s president and CEO.

He said this project is important because it keeps Laredo-Nuevo Laredo at the center of North American trade, allowing for the safe and efficient movement of more imports and exports across the border.

“By connecting expanding markets for our customers, this CPKC investment will accelerate growth between the industrial heartland of Mexico and points in the United States and Canada,” Creel added.

Kansas City Southern (KCS) broke ground on the project in late 2022 to accommodate growing trade between the two countries. The rail bridge will now be known as the Patrick J. Ottensmeyer International Rail Bridge , in honor of KCS’s late chairman and CEO, Patrick J. Ottensmeyer, who passed away in July 2024.

Creel said Pat’s leadership and vision were instrumental in the development and successful completion of this project. “His legacy lives on in the work we do at CPKC every day, enabling the growth of international trade between Canada, the United States and Mexico,” he said.

The completion of this $100 million rail and bridge project expands the capacity of the U.S.-Mexico rail trade corridor.

Main features of the Ottensmeyer Bridge:

• New second track bridge with a total length of 1,170 feet.
• Plate girder bridge with ballasted deck built with six reinforced concrete piers.
• Second track bridge built in the right-of-way approximately 35 feet from the existing track bridge, allowing trains to run in both directions at the same time.
• 4,500 feet of new track.
• Increased investments in border security, including a new VACIS X-ray railcar inspection system and surveillance cameras. The Ottensmeyer Bridge is the only rail bridge across the Rio Grande linking Laredo and Nuevo Laredo across the international border. The U.S. presidential permit for the construction of the new bridge span was received in July 2020.

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