Latest news with #CPKC
CTV News
a day ago
- Automotive
- CTV News
Port Saint John partners looking to diversity imports
You may soon see more then just shipping containers being unloaded at Port Saint John. DP World, who operates the six container cranes along the city's waterfront, confirmed to CTV in an email they are exploring the possibility of adding car imports to Saint John operations. The topic came up last week during Port Days 2025, an annual event held by the port to share its direction with key stakeholders. Port President and C.E.O. Craig Bell Estabrooks says DP World and Canadian Pacific Kansas City (CPKC) Railway want to diversity their operations. 'We built this infrastructure years ago to be multipurpose,' Bell Estabrooks says. 'So yes, containers are our focus. They're going to continue to be the main focus, but if we could move some other commodities with DP world and other partners like autos, that's a real opportunity.' Bell Estabrooks says DP World would likely start small when it comes to moving automobiles to see how manageable it is and what the business model would look like before making a full commitment. CTV has reached out to DP World for more information about the prospect of bringing car imports to the city and are awaiting their response. Estabrooks said it's not just car imports that could be added to the port's growing capabilities. 'The other big one is around breakbulk,' says Bell Estabrooks. 'Importing Brazilian eucalyptus and from a wood pulp standpoint, that can be blended with existing forest products in New Brunswick and potentially even further than just New Brunswick.' Despite a busy start to the year, including the addition of two container cranes and breaking ground for a new cold storage unit to be run by Americold, Bell Estabrooks says there is still a lot on the port's agenda. Continued rail upgrades top the list. Bell Estabrooks says he would like to double, if not triple the tracks out of the port to Bayshore where there is a switching facility. He says Americold's addition to the waterfront has spurred conversation around food processing and refrigerated goods. 'I think food is one of the big opportunities for us,' he says. Estabrooks says there is not a lot of space available on port property but there is still plenty of opportunity for growth. He says DP World added more equipment to its arsenal to help load and unload ships faster and improve the flow of goods through the terminals. 'We're dreaming much bigger than we did a decade ago,' says Estabrooks. 'It's really because of what our partners are telling us. So we always look at the port as we provide really good infrastructure. We provide really good services and operational model with the employees that we have and then we just let the private sector do the development.' Estabrooks says the port hasn't processed hundreds of thousands of tons of breakbulk in the way they are proposing since the late 1990s and there is potential in the energy sector. He says meeting two or three of them in place would be a tremendous success. For more New Brunswick news, visit our dedicated provincial page.
Wall Street Journal
5 days ago
- Business
- Wall Street Journal
Canadian Pacific Kansas City Gets Ruling for New Collective Bargaining Pacts
Canadian Pacific Kansas City has received a ruling establishing new collective bargaining agreements with two units from the Teamsters Canada Rail Conference. The company said Friday the new four-year contracts include annual wage increases of 3%, effective from Jan. 1, 2024, through Dec. 31, 2027.
Globe and Mail
6 days ago
- Business
- Globe and Mail
CPKC receives arbitration decision establishing new TCRC collective agreements
CALGARY , AB , May 30, 2025 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it has received an arbitrator's ruling establishing new collective bargaining agreements with the Teamsters Canada Rail Conference (TCRC) – Train and Engine (T&E) division and the TCRC - Rail Canada Traffic Controllers (RCTC) division. Arbitrator William Kaplan issued his ruling after the completion of multiple rounds of mediation and ultimately the conclusion of the interest arbitration process. The arbitrator's ruling establishes terms of new four-year contracts with both TCRC bargaining units. TCRC – T&E represents approximately 3,200 locomotive engineers, conductors, train and yard workers across Canada . TCRC – RCTC represents approximately 80 rail traffic controllers in Canada . The new collective agreements with the TCRC divisions, effective from January 1, 2024 , through December 31, 2027 , include annual wage increases of 3%. The provisions outlined in the arbitrator's award do not require ratification. The establishment of these multi-year collective agreements involving train crews and rail traffic controllers come after the ratification earlier this year of three new collective agreements reached at the bargaining table between CPKC and unions representing thousands of mechanical, engineering, clerical and intermodal employees in Canada . Together, these agreements bring labour stability to CPKC operations in Canada , allowing efficient and dependable rail service to continue uninterrupted for years to come. Forward looking information This news release contains certain forward-looking information and forward-looking statements (collectively, "forward-looking information") within the meaning of applicable securities laws in both the U.S. and Canada . Any statements about CPKC's expectations, beliefs, plans, goals, targets, predictions, forecasts, objectives, assumptions, information and statements about possible future events, conditions and results of operations or performance are not historical facts and may be forward-looking. Forward-looking information in this news release includes, but is not limited to, statements in respect of the collective bargaining agreements entered into between CPKC TCRC divisions, and the effects and results stemming therefrom. Forward-looking information is often, but not always, made through the use of words or phrases such as "anticipates", "aims", "strives", "seeks", "believes", "can", "could", "may", "predicts", "potential", "should", "will", "estimates", "plans", "mileposts", "projects", "continuing", "ongoing", "expects", "intends" and similar words or phrases suggesting future outcomes. The forward-looking information that may be in this news release is based on current expectations, estimates, projections and assumptions, having regard to CPKC's experience and its perception of historical trends, and includes, but is not limited to, expectations, estimates, projections and assumptions relating to: applicable laws, regulations and government policies; and CPKC's relationship with TCRC going-forward. Undue reliance should not be placed on forward-looking information as actual results may differ materially from the forward-looking information. Forward-looking information is not a guarantee of future performance. By its nature, CPKC's forward-looking information involves numerous assumptions, inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking information, including but not limited to the following factors: general North American and global economic and business conditions; changes in laws and regulations; and labour disputes. The foregoing list of factors is not exhaustive. These and other factors are detailed from time to time in reports filed by CPKC with the securities regulators in Canada and with the Securities and Exchange Commission (SEC) in the United States . Readers should refer to "Item 1A - Risk Factors" and "Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Information" in CPKC's annual reports on Form 10-K and to our risk factor and forward-looking information disclosure in our Form 10-Q filed on SEDAR+ ( and EDGAR ( Readers are cautioned not to place undue reliance on forward-looking information. Forward looking information is based on current expectations, estimates and projections and it is possible that predictions, forecasts, projections, and other forms of forward-looking information will not be achieved by CPKC. Except as required by law, CPKC undertakes no obligation to update publicly or otherwise revise any forward-looking information, or the foregoing assumptions and risks affecting such forward-looking information, whether as a result of new information, future events or otherwise. About CPKC With its global headquarters in Calgary, Alta. , Canada , CPKC is the first and only single-line transnational railway linking Canada , the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit to learn more about the rail advantages of CPKC. CP-IR
Yahoo
6 days ago
- Business
- Yahoo
CPKC receives arbitration decision establishing new TCRC collective agreements
CALGARY, AB , May 30, 2025 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it has received an arbitrator's ruling establishing new collective bargaining agreements with the Teamsters Canada Rail Conference (TCRC) – Train and Engine (T&E) division and the TCRC - Rail Canada Traffic Controllers (RCTC) division. Arbitrator William Kaplan issued his ruling after the completion of multiple rounds of mediation and ultimately the conclusion of the interest arbitration process. The arbitrator's ruling establishes terms of new four-year contracts with both TCRC bargaining units. TCRC – T&E represents approximately 3,200 locomotive engineers, conductors, train and yard workers across Canada. TCRC – RCTC represents approximately 80 rail traffic controllers in Canada. The new collective agreements with the TCRC divisions, effective from January 1, 2024, through December 31, 2027, include annual wage increases of 3%. The provisions outlined in the arbitrator's award do not require ratification. The establishment of these multi-year collective agreements involving train crews and rail traffic controllers come after the ratification earlier this year of three new collective agreements reached at the bargaining table between CPKC and unions representing thousands of mechanical, engineering, clerical and intermodal employees in Canada. Together, these agreements bring labour stability to CPKC operations in Canada, allowing efficient and dependable rail service to continue uninterrupted for years to come. Forward looking information This news release contains certain forward-looking information and forward-looking statements (collectively, "forward-looking information") within the meaning of applicable securities laws in both the U.S. and Canada. Any statements about CPKC's expectations, beliefs, plans, goals, targets, predictions, forecasts, objectives, assumptions, information and statements about possible future events, conditions and results of operations or performance are not historical facts and may be forward-looking. Forward-looking information in this news release includes, but is not limited to, statements in respect of the collective bargaining agreements entered into between CPKC TCRC divisions, and the effects and results stemming therefrom. Forward-looking information is often, but not always, made through the use of words or phrases such as "anticipates", "aims", "strives", "seeks", "believes", "can", "could", "may", "predicts", "potential", "should", "will", "estimates", "plans", "mileposts", "projects", "continuing", "ongoing", "expects", "intends" and similar words or phrases suggesting future outcomes. The forward-looking information that may be in this news release is based on current expectations, estimates, projections and assumptions, having regard to CPKC's experience and its perception of historical trends, and includes, but is not limited to, expectations, estimates, projections and assumptions relating to: applicable laws, regulations and government policies; and CPKC's relationship with TCRC going-forward. Undue reliance should not be placed on forward-looking information as actual results may differ materially from the forward-looking information. Forward-looking information is not a guarantee of future performance. By its nature, CPKC's forward-looking information involves numerous assumptions, inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking information, including but not limited to the following factors: general North American and global economic and business conditions; changes in laws and regulations; and labour disputes. The foregoing list of factors is not exhaustive. These and other factors are detailed from time to time in reports filed by CPKC with the securities regulators in Canada and with the Securities and Exchange Commission (SEC) in the United States. Readers should refer to "Item 1A - Risk Factors" and "Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Information" in CPKC's annual reports on Form 10-K and to our risk factor and forward-looking information disclosure in our Form 10-Q filed on SEDAR+ ( and EDGAR ( Readers are cautioned not to place undue reliance on forward-looking information. Forward looking information is based on current expectations, estimates and projections and it is possible that predictions, forecasts, projections, and other forms of forward-looking information will not be achieved by CPKC. Except as required by law, CPKC undertakes no obligation to update publicly or otherwise revise any forward-looking information, or the foregoing assumptions and risks affecting such forward-looking information, whether as a result of new information, future events or otherwise. About CPKC With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit to learn more about the rail advantages of CPKC. CP-IR View original content to download multimedia: SOURCE CPKC View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
6 days ago
- Business
- Cision Canada
CPKC receives arbitration decision establishing new TCRC collective agreements
CALGARY, AB , May 30, 2025 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it has received an arbitrator's ruling establishing new collective bargaining agreements with the Teamsters Canada Rail Conference (TCRC) – Train and Engine (T&E) division and the TCRC - Rail Canada Traffic Controllers (RCTC) division. Arbitrator William Kaplan issued his ruling after the completion of multiple rounds of mediation and ultimately the conclusion of the interest arbitration process. The arbitrator's ruling establishes terms of new four-year contracts with both TCRC bargaining units. TCRC – T&E represents approximately 3,200 locomotive engineers, conductors, train and yard workers across Canada. TCRC – RCTC represents approximately 80 rail traffic controllers in Canada. The new collective agreements with the TCRC divisions, effective from January 1, 2024, through December 31, 2027, include annual wage increases of 3%. The provisions outlined in the arbitrator's award do not require ratification. The establishment of these multi-year collective agreements involving train crews and rail traffic controllers come after the ratification earlier this year of three new collective agreements reached at the bargaining table between CPKC and unions representing thousands of mechanical, engineering, clerical and intermodal employees in Canada. Together, these agreements bring labour stability to CPKC operations in Canada, allowing efficient and dependable rail service to continue uninterrupted for years to come. Forward looking information This news release contains certain forward-looking information and forward-looking statements (collectively, "forward-looking information") within the meaning of applicable securities laws in both the U.S. and Canada. Any statements about CPKC's expectations, beliefs, plans, goals, targets, predictions, forecasts, objectives, assumptions, information and statements about possible future events, conditions and results of operations or performance are not historical facts and may be forward-looking. Forward-looking information in this news release includes, but is not limited to, statements in respect of the collective bargaining agreements entered into between CPKC TCRC divisions, and the effects and results stemming therefrom. Forward-looking information is often, but not always, made through the use of words or phrases such as "anticipates", "aims", "strives", "seeks", "believes", "can", "could", "may", "predicts", "potential", "should", "will", "estimates", "plans", "mileposts", "projects", "continuing", "ongoing", "expects", "intends" and similar words or phrases suggesting future outcomes. The forward-looking information that may be in this news release is based on current expectations, estimates, projections and assumptions, having regard to CPKC's experience and its perception of historical trends, and includes, but is not limited to, expectations, estimates, projections and assumptions relating to: applicable laws, regulations and government policies; and CPKC's relationship with TCRC going-forward. Undue reliance should not be placed on forward-looking information as actual results may differ materially from the forward-looking information. Forward-looking information is not a guarantee of future performance. By its nature, CPKC's forward-looking information involves numerous assumptions, inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking information, including but not limited to the following factors: general North American and global economic and business conditions; changes in laws and regulations; and labour disputes. The foregoing list of factors is not exhaustive. These and other factors are detailed from time to time in reports filed by CPKC with the securities regulators in Canada and with the Securities and Exchange Commission (SEC) in the United States. Readers should refer to "Item 1A - Risk Factors" and "Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Information" in CPKC's annual reports on Form 10-K and to our risk factor and forward-looking information disclosure in our Form 10-Q filed on SEDAR+ ( and EDGAR ( Readers are cautioned not to place undue reliance on forward-looking information. Forward looking information is based on current expectations, estimates and projections and it is possible that predictions, forecasts, projections, and other forms of forward-looking information will not be achieved by CPKC. Except as required by law, CPKC undertakes no obligation to update publicly or otherwise revise any forward-looking information, or the foregoing assumptions and risks affecting such forward-looking information, whether as a result of new information, future events or otherwise. About CPKC With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit to learn more about the rail advantages of CPKC. CP-IR
