TSX:CPTransportation
Did Pershing’s Exit and a Key Rail Dispute Just Shift Canadian Pacific Kansas City's (TSX:CP) Investment Narrative?
Pershing Square has already exited its stake in Canadian Pacific Kansas City, reallocating capital toward companies such as Hertz, Amazon and Meta Platforms, while Union Pacific has asked regulators to review CPKC’s handling of UP–Norfolk Southern stack trains on the Meridian Speedway amid disputes over train lengths and service quality.
This combination of a high-profile shareholder departure and an operational dispute with a major rail peer raises fresh questions about CPKC’s institutional...