Calgary-Based Canadian Pacific Kansas City Announces Ratification of New Four-Year Collective Agreement with United Steelworkers
Calgary, Alberta – March 17, 2025 – Canadian Pacific Kansas City (CPKC), a leading North American transportation and logistics company, announced today that the United Steelworkers (USW), representing approximately 600 clerical and intermodal employees in Canada, have ratified a new four-year collective agreement. This agreement follows two other successful contracts reached with USW in Canada this year.
Long-term Labor Stability and Improved Benefits
CPKC President and Chief Executive Officer, Keith Creel, expressed his satisfaction with the agreement, stating, “We are pleased to have received strong support for another collective agreement. This agreement provides long-term labor stability, increased wages, and improved benefits for thousands of CPKC employees across the country.”
Impact on Employees
The new agreement will directly benefit the approximately 600 USW members employed by CPKC in Canada. The terms of the agreement include wage increases, improved benefits, and enhanced working conditions. These improvements will lead to greater job satisfaction and retention, ensuring the continuity of operations for CPKC.
Impact on the World
Beyond the immediate impact on CPKC employees, this agreement also has wider implications. As a major transportation and logistics company, CPKC plays a crucial role in the global supply chain. The labor stability secured through this agreement will contribute to the overall efficiency and reliability of the company’s operations. This, in turn, benefits the numerous businesses that rely on CPKC to transport their goods.
Implications for the Transportation Industry
- Stable labor conditions: The ratification of this agreement contributes to a more stable labor environment for the transportation industry as a whole.
- Positive impact on supply chains: The agreement’s focus on improved wages and benefits will help attract and retain skilled labor, ensuring the industry remains competitive and efficient.
- Promoting economic growth: By securing labor stability, CPKC is better positioned to support the growth of businesses that rely on its services, contributing to overall economic growth.
Conclusion
Canadian Pacific Kansas City’s successful negotiation of a new collective agreement with the United Steelworkers represents a significant win for both the company and its employees. The agreement’s emphasis on long-term labor stability, increased wages, and improved benefits not only benefits the affected CPKC employees but also contributes to the overall efficiency and reliability of the company’s operations. Furthermore, the stability this agreement brings to the labor environment will have positive implications for the transportation industry and the global supply chain as a whole. As businesses continue to navigate the complexities of the modern economy, labor agreements like this one will remain essential in ensuring the continued success and growth of industries and economies.
CPKC’s commitment to its employees and its customers underscores the company’s position as a leader in the transportation and logistics sector. With this agreement, CPKC demonstrates its ability to adapt to the evolving labor landscape and prioritize the needs of its workforce, paving the way for a more stable and prosperous future for all involved.
