Teamsters Canada and the International Brotherhood of Electrical Workers have provided Canadian Pacific Railway notice that the railroad’s workers will head to the picket lines on April 21. The company and union appear to have reached an impasse in talks. The Teamsters, along with another union, represents more than a quarter of the company’s workforce […] Read more
Tag Archives CP rail
CP reports record revenues
Strong financial results in the fourth quarter of 2017 contributed to another record-setting year at Canadian Pacific Railway. CP reported fourth quarter revenues of more than $1.7 billion, up five percent from the previous year, and full-year 2017 revenues of $6.55 billion, up from $6.23 billion in 2016. Full-year net income was listed at more […] Read more
CP train crews reject contract extension
Unionized train crews have rejected a one-year contract extension with Canadian Pacific Railway. Approximately 3,000 CP conductors and train engineers who are part of the Teamsters Canada Rail Conference (TCRC) voted on the deal earlier this week. The rejection represents a setback to CP’s efforts aimed at mending strained relations with unionized railway employees. The […] Read more
CP ready to move crop, despite layoffs: officials
Canadian Pacific Railway says it is ready to move an oversized western Canadian crop this fall. CP’s recently announced plan to lay off as many as 500 railway maintenance workers will not affect its ability to move grain efficiently, company officials added. “CP is keen to work collaboratively with all supply chain partners to continue […] Read more
