Canadian Pacific Railway (CP) announced a tentative four-year agreement with CP conductors and locomotive engineers and a five-year agreement with KVR conductors and locomotive engineers, ending both strikes.
Details of the agreement will be presented to the Teamsters Canada Rail Conference-Train & Engine (TCRC) membership for ratification. Approximately 3,000 engineers and conductors are represented by the TCRC.
“This is a positive result for our TCRC employees and their families, the 12,000-strong CP family, our customers and the entire Canadian economy,” said Keith Creel, CP President and CEO. “It is especially meaningful to achieve a four-year tentative agreement with our valued locomotive engineers and conductors, providing long-term stability for all parties involved. This is a significant step toward a renewed positive relationship growing forward together serving our customers and the Canadian economy.”
“We have had the discussion that needed to take place. This is a solid step in re-establishing a positive business relationship and moving forward,” said Doug Finnson, President TCRC.
Full operations at CP and KVR resumed Thursday at 0600 local time across Canada.
Source: CP< Return