10 Best Shipping Stocks To Invest In Now

3. Canadian Pacific Kansas City Limited (NYSE:CP)

Number of Hedge Fund Investors: 52

Canadian Pacific Kansas City Limited (NYSE:CP) is a transcontinental railway shipping operator with a robust network spanning over 20,000 track miles. This network connects more than 30 ports, 30 automotive facilities, and numerous transload facilities and shortlines across North America. Canadian Pacific Kansas City Limited (NYSE:CP) serves a wide variety of industries, including agriculture, energy, chemicals, automotive, and consumer goods.

As the only railroad that links the United States, Canada, and Mexico through a single integrated network, Canadian Pacific Kansas City Limited (NYSE:CP) holds a unique position in the market. The company’s logistics hubs in Bensenville and Dallas play a pivotal role in supporting automotive logistics. Canadian Pacific Kansas City Limited (NYSE:CP) is actively pursuing partnerships to improve its services for both auto parts and finished vehicles. Additionally, Canadian Pacific Kansas City Limited (NYSE:CP) is aligning its rail networks with other operators, such as CSX Corporation, to create seamless connections for shippers in Mexico, Texas, and the Southeastern United States. This collaboration is anticipated to significantly boost intermodal business, particularly in Mexico, where the demand for efficient cross-border transportation is rapidly growing.

Canadian Pacific Kansas City Limited (NYSE:CP) is also focused on enhancing train speeds, reducing terminal dwell times, and increasing train capacity. At the same time, the company is developing customer-centric solutions to tap into new business opportunities.