TSX:CPTransportation
Did New Five-Year Union Deals Just Shift Canadian Pacific Kansas City's (TSX:CP) Investment Narrative?
Canadian Pacific Kansas City recently confirmed that 16 five-year collective bargaining agreements with U.S. railroad unions have been ratified, covering about 700 employees and providing wage increases, while two additional agreements with the International Brotherhood of Electrical Workers await ratification.
This broad labour accord reduces uncertainty around operations and staffing in key U.S. corridors, an important consideration for shippers and investors focused on network...