Business, Freight News, Logistics

CPKC Chooses Blume Asset Management Solution

[ September 15, 2023   //   ]

CPKC Chooses Blume Asset Management Solution to Expand Market Equipment Availability in North America, the leading supply chain orchestration platform uniting order orchestration, multimodal transportation management, end-to-end visibility, and supplier relationship management, will provide its asset management solution to Class I railroad Canadian Pacific Kansas City (CPKC). The integration is designed to enable CPKC to increase the visibility of its 53-foot domestic containers to Intermodal Marketing Companies (IMCs) in the United States.
In April 2023, the combination between Canada Pacific Railway (CP) and Kansas City Southern (KCS) brought the newly formed CPKC to market as the first, and only, single-line railway connecting Canada, Mexico, and the United States.
“Blume is pleased to begin this new chapter in our long and successful relationship with the legacy CP and KCS operating entities – now CPKC,” said Pervinder Johar, CEO of Blume Global. “Blume’s asset management solution is well established as the marketplace where IMCs obtain railroad-owned intermodal equipment. We look forward to helping CPKC expand their business in the US.”
“CPKC is excited about our agreement with Blume Global, which is a natural fit for customers seeking access to our expanded intermodal network,” said Ricky Stover, Assistant Vice President, Domestic Intermodal at CPKC. “This agreement will help position and prepare CPKC to efficiently meet our customers’ needs.”

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