Canadian Pacific Kansas City Renews Rail Service Deal With Elk Valley Resource

04:32 PM EDT, 10/28/2026 (MT Newswires) -- Canadian Pacific Kansas City (CP.TO, CP) said Wednesday it signed a new five-year agreement with Elk Valley Resources to increase its share of steelmaking coal shipments to Canada's West Coast. Per the deal, the company will transport coal from Elk Valley Resources' four mines in British Columbia to Westshore Terminals and Neptune Terminals in Vancouver. The company said the agreement will allow it to move a larger share of Elk Valley Resources' coal directly to Vancouver's export terminals, increasing shipment volumes across its rail network. Shares of Canadian Pacific Kansas City closed down 1.8% at CA$125.70 on the Toronto Stock Exchange.