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CP announces ratification of new collective agreement with BLET in U.S. Midwest
CP announces ratification of new collective agreement with BLET in U.S. Midwest Canada ...
About this update from Canadian Pacific Kansas City Limited
[{"type":"text","content":"\n \n \n \n CP announces ratification of new collective agreement with BLET in U.S. Midwest\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n March 7, 2023\n \n \n /CNW/ - Canadian Pacific (NYSE: CP) (TSX: CP) (\"CP\") announced today the ratification of a new collective agreement with the Brotherhood of Locomotive Engineers and Trainmen representing hundreds of CP and Kansas City Southern (\"KCS\") locomotive engineers and trainmen in U.S. Midwest locations, which will take effect upon the consummation of the proposed CP-KCS combination, which remains subject to receipt of regulatory approval by the U.S. Surface Transportation Board (\"STB\").\n \n \n The new collective agreement includes CP employees on the\n \n Dakota, Minnesota\n \n & Eastern (\"DM&E\") South territory in\n \n Iowa\n \n ,\n \n Illinois\n \n ,\n \n Missouri\n \n and\n \n Minnesota\n \n , as well as KCS employees in\n \n Kansas\n \n and\n \n Missouri\n \n . This agreement, ratified by BLET members this month, provides higher pay and scheduled time off compared to national agreements on a majority of the other Class 1 railways.\n \n \n The BLET agreement and an earlier collective agreement with SMART-TD representing KCS conductors in\n \n Kansas\n \n and\n \n Missouri\n \n , ratified last year, (which will also take effect following the STB approval of the CP-KCS combination), further demonstrates CP's commitment to reaching new collective agreements that will enable a future CPKC to enhance service across the combined railroad's vital north-south corridor, increase competition and allow for future growth.\n \n \n \"These hourly agreements improve pay and quality of life for our employees by providing more scheduled time off, something national agreements typically don't, while creating the operational flexibility needed to deliver better service to our customers,\" said\n \n Keith Creel\n \n , CP President and CEO. \"These innovative agreements will create predictable schedules for conductors and engineers and empower u...