Canadian Pacific Kansas City (CP) has reached a new tentative five-year collective agreement with the Brotherhood of Locomotive Engineers and Trainmen, or BLET. The tentative agreement providing increased wages and more flexible work rules covers approximately 300 locomotive engineers on the Soo Line property operating trains in Illinois, Indiana, Minnesota, North Dakota and Wisconsin. Last week, CPKC announced a series of 13 tentative five-year collective agreements with various unions representing approximately 360 employees across the U.S. All the tentative agreements announced this month are pending ratification by the unions’ membership.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CP:
- Canadian Pacific Kansas City price target lowered to $82.08 from $87.12 at Bernstein
- CPKC Earnings Call: Growth Amidst Challenges
- Canadian Pacific Kansas City reaches tentative collective agreements in U.S.
- Canadian Pacific Kansas City price target lowered to C$127 from C$129 at RBC Capital
- Canadian Pacific Kansas City price target lowered to $87 from $88 at Susquehanna
