$CP

A former Amtrak employee was sentenced to 20 months in prison and $959,072 in restitution for a healthcare fraud scheme involving $11M in false claims. CPKC announced its 2026 Holiday Train schedule with 182 stops. Analysis compared Amtrak's fleet plans to VIA Rail's order. NTSB blamed Norfolk Southern's coordination flaws for a 2025 derailment. A Norfolk Southern derailment in North Carolina injured one person.

Citi analyst Ariel Rosa sees a favorable risk-reward setup in North American transportation stocks ahead of Q3 earnings, citing recent declines and positive company outlooks. He upgraded XPO to Buy and adjusted price targets for CNI, CP, and TFII. Desjardins analyst Jerome Dubreuil notes Canadian telecoms face challenges from low growth and AI shopping agents, but sees pricing discipline as encouraging.

Canadian Pacific Kansas City (CPKC) reported new records for September and Q3 2026 in grain transport, moving 2.94 MMT in Canada and 2.51 MMT in the U.S. The company attributed the records to collective efforts across the grain supply chain. CPKC also released a Grain Service Outlook Report in July, outlining plans for the 2026-2027 crop year.

Zacks Research Daily features reports on Cisco (CSCO), Shopify (SHOP), and Starbucks (SBUX). Cisco's shares outperformed its industry, driven by demand in networking, security, and AI infrastructure. Shopify's growth is supported by merchant gains and AI tools, despite competition. Starbucks benefits from improving customer traffic and expanding margins, though restructuring costs are a concern.

Canadian Pacific Kansas City (CP) agreed to a 5-year deal with 250 train operators, offering higher wages and flexible work rules, according to the company. The agreement covers workers in Minnesota, Iowa, Illinois, and Missouri.

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) filed an SEC Form 8-K — Other Events. Exhibit 99.1 CPKC announces C$1.8 billion debt offering The shelf prospectus supplement, the corresponding base shelf prospectus and any amendment to the documents will be accessible through SEDAR+ within two business days Calgary – September 28, 2026 – Canadian Pacific Kansas Ci

Canadian Pacific Kansas City (CPKC) announced a C$1.8 billion debt offering through its subsidiary, CPRC, with notes due 2030, 2033, 2037, and 2056. The offering, expected to close October 6, 2026, will refinance debt and fund general corporate purposes. Proceeds may be temporarily invested in short-term securities. Joint lead agents include CIBC, BMO, RBC, and Scotia Capital.

Analyst Cameron Doerksen upgraded Canadian National Railway (CNR) and Canadian Pacific Kansas City (CP) citing strong volume growth, though U.S. trade policy poses a small headwind. CNR's revenue ton miles rose 4.6% YoY, while CP saw a 6.4% increase. Doerksen prefers CP over CN due to superior growth outlook. RBC analyst Michael Harvey initiated coverage of Spartan Delta (SDE) with an outperform rating, citing its premium land position and strong management.

The $85B merger between Union Pacific (UNP) and Norfolk Southern (NSC) faces delays and opposition. The Port of Mobile, citing potential economic harm, plans to submit comments. Rival railroads (BNSF, CSX, CPKC) object to repeated data corrections in the merger proposal, calling for a halt to further changes.

U.S. rail fuel surcharges on grain shipments hit a record high of 48 cents per mile, up 153% year-over-year, according to USDA data. This increase, driven by higher oil prices, raises transportation costs for farmers during harvest season. Railroads like BNSF, CSX, and others collect these surcharges, which now account for 11% of total rail costs. Farmers report lower prices for crops due to these surcharges. The Surface Transportation Board noted $2.93 billion in surcharges collected in Q2, up