CPKC lowers financial forecast amid ‘trade storm,’ but stresses new trade flows

News Snapshot:

Canadian Pacific Kansas City Ltd. has reined in its financial forecast for the year due to the lingering fog around U.S. tariffs and trade policy, as the railway hunts for workarounds to an array of trade barriers. "It's an all-out blitz, literally, to do everything we can to make our own luck as all this uncertainty unfolds on the tariff front," said chief marketing officer John Brooks, highlighting a 60-day sales push to meet with more than 500 customers. On the heels of a 17-per-cent year-over-year surge in profits last quarter, chief executive Keith Creel said new shipping flows between...