CPKC reaches tentative collective agreement with Unifor
Canadian Pacific Kansas City (CP) has announced reaching a tentative four-year collective agreement with Unifor, representing approximately 1,200 mechanical employees in Canada. The agreement covers mechanics, labourers, diesel service attendants, and mechanical support staff.
CPKC's President and CEO Keith Creel emphasized the collaborative nature of the negotiations, highlighting the agreement's benefits for employees and their families while maintaining customer service and supporting the Canadian economy. The specific details of the agreement remain undisclosed pending ratification.
Canadian Pacific Kansas City (CP) ha annunciato di aver raggiunto un accordo collettivo provvisorio della durata di quattro anni con Unifor, che rappresenta circa 1.200 dipendenti meccanici in Canada. L'accordo riguarda meccanici, operai, addetti al servizio diesel e personale di supporto meccanico.
Il Presidente e CEO di CPKC, Keith Creel, ha sottolineato la natura collaborativa delle trattative, evidenziando i benefici dell'accordo per i dipendenti e le loro famiglie, mantenendo al contempo il servizio ai clienti e sostenendo l'economia canadese. I dettagli specifici dell'accordo rimangono riservati in attesa della ratifica.
Canadian Pacific Kansas City (CP) ha anunciado que ha alcanzado un acuerdo colectivo tentativo de cuatro años con Unifor, que representa aproximadamente a 1.200 empleados mecánicos en Canadá. El acuerdo abarca mecánicos, trabajadores, asistentes de servicio diésel y personal de apoyo mecánico.
El Presidente y CEO de CPKC, Keith Creel, enfatizó la naturaleza colaborativa de las negociaciones, destacando los beneficios del acuerdo para los empleados y sus familias, mientras se mantiene el servicio al cliente y se apoya a la economía canadiense. Los detalles específicos del acuerdo permanecen sin revelar a la espera de la ratificación.
캐나다 태평양 캐나다 시티(CP)는 유니포르(Unifor)와 캐나다에서 약 1,200명의 기계 직원을 대표하는 4년간의 임시 단체 협약을 체결했다고 발표했습니다. 이 협약은 기계공, 노동자, 디젤 서비스 직원 및 기계 지원 직원을 포함합니다.
CPKC의 회장 겸 CEO인 키스 크릴(Keith Creel)은 협상 과정의 협력적인 성격을 강조하며, 직원들과 그 가족들에게 협약의 혜택이 돌아가고 고객 서비스와 캐나다 경제를 지원할 수 있도록 노력했다고 강조했습니다. 협약의 구체적인 내용은 비공개 상태로 남아 있으며, 비준을 기다리고 있습니다.
Canadian Pacific Kansas City (CP) a annoncé avoir conclu un accord collectif provisoire de quatre ans avec Unifor, représentant environ 1 200 employés mécaniques au Canada. L'accord concerne les mécaniciens, les ouvriers, les agents de service diesel et le personnel de soutien mécanique.
Le président et PDG de CPKC, Keith Creel, a souligné la nature collaborative des négociations, mettant en avant les avantages de l'accord pour les employés et leurs familles tout en maintenant le service client et en soutenant l'économie canadienne. Les détails spécifiques de l'accord restent non divulgués en attendant la ratification.
Canadian Pacific Kansas City (CP) hat bekannt gegeben, dass sie eine vorläufige vierjährige Tarifvereinbarung mit Unifor erreicht haben, die etwa 1.200 mechanische Mitarbeiter in Kanada vertritt. Die Vereinbarung umfasst Mechaniker, Arbeiter, Dieselservicekräfte und mechanisches Unterstützungspersonal.
Der Präsident und CEO von CPKC, Keith Creel, betonte den kooperativen Charakter der Verhandlungen und hob die Vorteile der Vereinbarung für die Mitarbeiter und deren Familien hervor, während gleichzeitig der Kundenservice aufrechterhalten und die kanadische Wirtschaft unterstützt wird. Die spezifischen Einzelheiten der Vereinbarung bleiben bis zur Ratifikation vertraulich.
- Successful negotiation of a four-year labor agreement with Unifor
- Agreement ensures labor stability for mechanical operations in Canada
- Maintains continuity of service for customers and operations
- None.
Insights
The successful negotiation of a tentative four-year collective agreement between CPKC and Unifor represents a significant milestone in maintaining operational stability for North America's newest Class I railroad. The agreement, covering 1,200 mechanical employees in Canada, is particularly noteworthy given the critical timing in CPKC's post-merger integration phase.
The mechanical workforce covered by this agreement forms the backbone of CPKC's operational reliability. These employees are responsible for maintaining the rolling stock and ensuring the railroad's extensive fleet meets safety and performance standards. A stable labor agreement with this group is important for maintaining efficient operations across CPKC's expanded network following the CP-KCS merger.
The successful negotiation without any work stoppage or public discord suggests a constructive approach from both parties, which is especially important given the recent history of labor challenges in North American railroads. While the specific terms remain undisclosed pending ratification, the four-year duration provides extended stability and predictability for both operational planning and financial forecasting.
From an investor perspective, this agreement mitigates a significant operational risk factor. Labor disruptions in the railroad industry can have cascading effects on revenue, customer relationships and market share. The peaceful resolution and CEO Keith Creel's positive comments indicate a balanced agreement that likely addresses both employee needs and operational efficiency requirements.
"We are pleased to have reached a tentative collective agreement at the negotiating table with our mechanical employees in
Unifor represents mechanics, labourers, diesel service attendants and mechanical support staff.
Details of the tentative collective agreement are not being released pending ratification of the new agreement.
About CPKC
With its global headquarters in
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SOURCE CPKC
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