TCRC-T&E ratify four-year agreement with CP

July 23, 2018

Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) and the Teamsters Canada Rail Conference-Train & Engine (TCRC) have ratified a new four-year agreement.

A five-year agreement was also ratified with CP's Kootenay Valley Railway conductors and locomotive engineers.

"We would like to thank the union leadership of the TCRC for working collaboratively with us to reach a successful agreement during this bargaining process," said Keith Creel, CP President and Chief Executive Officer. "TCRC-represented employees are integral members of the CP family; achieving a four-year agreement provides certainty and stability for not only employees at CP, but for customers, shareholders, and the broader economy."

This is a 20 July 2018 news release by CP.

Topic(s)

Freight & Transport

Information source

Canadian News Channel

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