TCRC-MWED ratifies new collective bargaining agreement with CPKC
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Canadian Pacific Kansas City (CPKC) has successfully ratified a new four-year collective bargaining agreement with the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED), enhancing wages and benefits for engineering service employees in Canada.
February 14, 2025 | 5:45 pm
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CPKC has ratified a new four-year agreement with TCRC-MWED, improving wages and benefits for Canadian engineering service employees. This development may enhance employee satisfaction and operational stability.
The ratification of the agreement is a positive development for CPKC as it ensures labor stability and improves employee relations, which can lead to enhanced productivity and reduced risk of labor disputes. This is likely to have a positive short-term impact on the stock price.
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