Canadian Pacific Kansas City (CP) and CSX Launch Faster Cross-Border Rail Service

Canadian Pacific Kansas City Limited (NYSE:CP) is one of the 12 Best Logistics Stocks to Buy According to Hedge Funds. On July 21, Canadian Pacific Kansas City Limited (NYSE:CP) announced with CSX Corporation a new rail transportation routing option for customers across the southern US with the Southeast Mexico Express (SMX).

The SMX is a new east-west Class 1 corridor that connects shippers in Mexico, Texas and the southeastern US.

According to the report by Canadian Pacific Kansas City Limited (NYSE:CP) , this new rail transportation route is already providing automotive, intermodal, and carload customers with faster transit times, more capacity, and environmentally friendly rail solutions.

The SMX represents an important improvement in cross-border logistics and creates faster freight solutions.

Canadian Pacific Kansas City Limited (NYSE:CP) is a Canadian railway holding company that offers a range of freight transportation services, logistics solutions, and supply chain expertise.

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Disclosure: None. This article is originally published at Insider Monkey.