By Robb M. Stewart

 

Canadian Pacific Kansas City Ltd. has struck a multiyear agreement to provide truckload intermodal-transportation services on its single line north-south corridor across North America for Knight-Swift Transportation Holdings Inc.

The rail company said Knight-Swift's Mexico customer base will be able to leverage a broad network of rail lines and terminals to improve service reliability and competitiveness.

As Knight-Swift will transition its Mexico-U.S. traffic to Canadian Pacific starting in mid-May, Canadian Pacific said it will focus on growth between the Chicago, Texas and Mexico markets.

Canadian Pacific earlier this month finalized its combination with Kansas City Southern, creating a single-line railway connecting Canada, the U.S. and Mexico.

The company last week signed an agreement with multimodal logistics company Schneider National Inc. to provide single-line intermodal transportation on its north-south corridor.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

April 25, 2023 09:44 ET (13:44 GMT)

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