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CPKC signs 5-year deal to expand coal transport for Elk Valley Resources to Vancouver ports

Market News
28 Oct 2026, 23:01 WIB
PRNewsWire
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Bullish
CPKC signs 5-year deal to expand coal transport for Elk Valley Resources to Vancouver ports

Canadian Pacific Kansas City (CPKC) has secured a new five-year contract with Elk Valley Resources (EVR) to increase its share of steelmaking coal shipments from EVR's British Columbia mines to Vancouver export terminals. This agreement, effective January 1, 2027, will see CPKC provide reliable rail service to Westshore and Neptune Terminals, boosting coal volumes on its network. As Canada's leading steelmaking coal transporter and EVR's largest coal customer, this deal strengthens their partnership and positions CPKC for future growth in coal transport to the West Coast.

Canadian Pacific Kansas City Limited (CP) shares are trading at USD 85.61 on Pluang as of Oct 29, 2026 03:11 WIB. The stock has experienced a 6.06% decline in the last day. Its market capitalization stands at $80.29 billion, reflecting its significant presence in the industrial sector.

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