TSX:CPTransportation
How New Labor Agreements and Strong Results at Canadian Pacific Kansas City (TSX:CP) Have Changed Its Investment Story
Canadian Pacific Kansas City has finalized 13 new tentative five-year collective agreements with U.S. unions, covering employees such as carmen, hostlers, laborers, clerks, maintenance workers, and supervisors, alongside reporting increased third quarter revenue to C$3.66 billion and net income to C$920 million compared to the prior year.
The collaborative agreements include wage increases and suggest a focus on workforce stability and operational reliability, coinciding with continued share...