CPKC reaches tentative collective agreements in United States
Rhea-AI Summary
Canadian Pacific Kansas City (NYSE: CP) said on November 5, 2025 it reached 13 tentative collective agreements in the United States covering carmen, hostlers, laborers, clerks, maintenance workers and mechanical and engineering supervisors.
The agreements are five‑year terms and cover 228 carmen, approximately 105 clerks/maintenance/supervisors and 30 hostlers and laborers (about 363 employees total) across Illinois, Louisiana, Minnesota, Mississippi, Missouri, New York, North Dakota, Oklahoma, Texas and Wisconsin. The company said the agreements offer increased wages to hundreds of employees and are pending ratification by union membership.
Positive
- 13 tentative five‑year agreements reached
- Agreements cover 363 U.S. employees total
- Wage increases offered to hundreds of employees
- Covers operations in 10 U.S. states
Negative
- All agreements are tentative and pending ratification by union members
News Market Reaction 1 Alert
On the day this news was published, CP declined 0.38%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Six tentative five-year collective agreements have been reached with the Brotherhood of Railway Carmen representing employees on the
Five tentative five-year collective agreements have been reached with the Transportation Communications Union (TCU/IAM) and American Railway and Airway Supervisors Association (ARASA) representing clerks, maintenance workers, and mechanical and engineering supervisor employees in
Two other tentative five-year collective agreements have been reached with National Conference of Firemen and Oilers (NCF&O) employees on the Soo Line and Kansas City Southern properties. These agreements cover a total of 30 hostlers and laborers in
"We are pleased to have reached these tentative collective agreements offering increased wages to hundreds of our railroaders across
Employees represented by the unions reaching these tentative agreements work in
The tentative agreements are pending ratification by the union's membership.
About CPKC
With its global headquarters in
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SOURCE CPKC