FX.co ★ CPKC Reaches Tentative Four-Year Agreement With Unifor In Canada

Canadian Pacific Kansas City (CPKC) revealed on Monday that it has reached a preliminary four-year collective agreement with Unifor, the union representing about 1,200 Canadian employees. This group includes mechanics, laborers, diesel service attendants, and mechanical support staff.

The specifics of the agreement will be kept confidential until it is ratified, underscoring a mutual dedication to cultivating positive labor relations and ensuring operational excellence.

As of Monday's market close, CP shares experienced a 1.14% increase, rising by $0.91 to reach $80.70 on the New York Stock Exchange.