CPKC reaches tentative collective agreement with the Brotherhood of Locomotive Engineers and Trainmen

Rhea-AI Summary

Canadian Pacific Kansas City (TSX: CP, NYSE: CP) announced on November 13, 2025 a tentative five-year collective agreement with the Brotherhood of Locomotive Engineers and Trainmen covering about 300 locomotive engineers on the Soo Line property in Illinois, Indiana, Minnesota, North Dakota, and Wisconsin.

The agreement provides increased wages and more flexible work rules and is pending ratification by union membership. The company said this follows a prior set of 13 tentative five-year agreements announced last week covering approximately 360 employees across the United States.

CALGARY, AB, Nov. 13, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it has reached a new tentative five-year collective agreement with the Brotherhood of Locomotive Engineers and Trainmen (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.

"We are very pleased to have reached this latest tentative collective agreement benefiting approximately 300 of our railroaders in the United States," said Keith Creel, CPKC President and Chief Executive Officer. "Thank you to the leadership of the Brotherhood of Locomotive Engineers. With this agreement and 13 others reached at the bargaining table with our unions across the United States in recent days, CPKC will continue to safely and efficiently deliver for our customers for years to come in support of American business and economic growth."

Last week, CPKC announced a series of 13 tentative five-year collective agreements with various unions representing approximately 360 employees across the United States. All the tentative agreements announced this month are pending ratification by the unions' membership.

About CPKC

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC. CP-IR

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SOURCE CPKC

FAQ

What did CPKC (CP) announce on November 13, 2025 regarding locomotive engineers?

CPKC announced a tentative five-year collective agreement covering about 300 locomotive engineers on the Soo Line property.

Which states are affected by the CPKC (CP) tentative agreement with BLET?

The agreement covers employees operating in Illinois, Indiana, Minnesota, North Dakota, and Wisconsin.

Does the CPKC (CP) tentative agreement include wage changes and when does it take effect?

The agreement provides increased wages and more flexible work rules and is effective after union membership ratification.

How does the November 13, 2025 BLET agreement relate to other recent CPKC (CP) labor deals?

It follows a set of 13 tentative five-year agreements announced last week that cover about 360 employees in the United States.

Will the CPKC (CP) tentative agreements immediately change operations or service levels?

The agreements are tentative and pending union ratification; operational changes depend on final ratification and implementation timelines.