CPKC Launches Mexico Midwest Express Premium Intermodal Service
Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today 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 CPKC President and CEO 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, CPKC announced new multi-year agreements with Schneider and with Knight-Swift Transportation for intermodal transportation services along the CPKC 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 CPKC 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 CPKC combination.
Since March 2022, dedicated intermodal service between Lázaro Cardenas, Mexico and Chicago has been operating as a proof of concept on an interline basis. CPKC 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.
With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf of México to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC.
Source: Canadian Pacific Kansas City Limited