Latest news with #TCRC
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
Press and Journal
25-05-2025
- Politics
- Press and Journal
Trapped by Raac: 5000 reasons to keep fighting for Aberdeen homeowners impacted by concrete crisis
We took our Trapped by Raac campaign onto the streets of Aberdeen this weekend – and the hard work paid off. Thanks to a protest involving members of the Torry Community Raac Campaign (TCRC) group, affected families from Balnagask, and team P&J – we've now crossed the 5,000 signature mark on the homeowners' petition. Attended by owner occupiers and former council tenants alike, some members of the group held banners to protest the situation, reminding the public about the burgeoning concrete crisis. Others spoke to shoppers to garner more names on the petition, sharing stories of the 500 households in Aberdeen impacted by Raac. The group was visited by Conservative MSP Liam Kerr, who spent time listening to stories from families caught in this crisis. Labour councillor Simon Watson – who represents Torry and Ferryhill – also stopped by to talk to his constituents. At the same time as the protest, Fiona and Ricky Burgess, whose story we shared this week, proudly took a Raac campaign banner to Hampden for the Aberdeen Celtic Scottish Cup final. Founding member of TCRC Lynn Winstanley is one of 138 homeowners whose houses are marked for demolition. She stands to lose 10s of 1000s from the value of her home if she sells her property back to ACC. She said: 'We can't sit back and relax though 5000 signatures on the petition is amazing. That's only half the names we need to get a reply from Westminster. 'If you haven't already signed, please do. Put yourself in our shoes. You'd want people to get behind you and to help you. That's all we are asking for.' The petition, which calls for justice, fair house prices for homeowners, and an eventual public enquiry, needs to cross 10,000 signatures before the UK Government will, at the very least, reply. In a previous interview with Aberdeen City Council co-leader Christian Allard, he said without Westminister unlocking financial support, Raac [crisis] could become the next Post Office Scandal. We also revealed that only four properties have been bought back by ACC since the voluntary acquisition process began. A total of 13 owners, from 138 privately owned properties, have agreed to sell following Valuation Office Agency assessments. 'Selling our homes for sometimes half what they were worth before we heard about Raac is not something we can just sit back and let happen. 'It's not fair. We are in this situation through no fault of our own,' Lynn added. 'Please, please keep sharing the petition, ask your friends to sign it. It's Aberdeen now but we are hearing about this all over the country. If we win our battle it could help future families never go through the hell we're going through.' Lindsay Bruce of The Press and Journal also shared a video thanking those who have signed the petition but called for others to join the campaign. To read more about the Raac crisis and our campaign click here.
Yahoo
09-04-2025
- Business
- Yahoo
Arbitrator awards 3% raises for CN employees represented by TCRC
Canadian National train service employees represented by the Teamsters Canada Rail Conference will get a 3% annual raise under an arbitrator's contract decision. Arbitrator William Kaplan released his decision Monday on the three-year contract, which runs from Jan. 1, 2024, through Dec. 31, 2026. When CN (NYSE: CNI) and the TCRC were unable to reach a negotiated settlement during their contract talks, the Canada Industrial Relations Board sent the matter to binding arbitration in August 2024 after a brief lockout. Kaplan urged the railway and union to iron out their differences regarding changes to work rules. 'Both parties proposed detailed changes to work rules. And both parties described the proposals they sought as justified by demonstrated need, and the ones advanced by the other party as breakthroughs that would never be accepted in free collective bargaining,' Kaplan wrote. 'This is what led to the bargaining impasse (and inability to bridge the divide in the mediation phase). Between now and the expiry of the collective agreement settled by this award the parties, obviously, need to turn their attention to both employee rest and employee availability; both extremely important issues for the TCRC and CN. Doing so is in their evident shared interest requiring their focused attention. These issues are, in my view, best resolved in free collective bargaining with its associated gives and takes. Experience in this matter indicates that they will not be resolved absent appropriate reciprocity.' Union leaders told the rank and file that binding arbitration was never their goal when seeking a new contract with CN. 'While this is not the preferred outcome for the TCRC, it must be understood that the award does not contain any of the significant concessions sought by the company,' the union's six general chairmen wrote in a letter to members. 'Unfortunately, CN's demands were (and remain) completely unacceptable throughout the entire bargaining process,' the union said. 'The Company would not relent on what it considered necessary operational changes, primarily resulting from reforms in government regulation. The TCRC could never agree to these concessionary demands that encroached on the rights of you, the TCRC members at CN.' CN expressed disappointment, as well. 'Although CN remains disappointed that a negotiated agreement was not reached at the bargaining table, the Company is pleased to be moving forward,' the railway said in a statement. 'CN also remains committed to modernizing the collective agreement for the benefit of employees, customers, and the North American economy.' Canadian Pacific Kansas City's (NYSE: CP) contract with the TCRC also was sent to arbitration. A decision on that contract has not yet been announced. Related: Canada's labor minister orders arbitration to end CN, CPKC work stoppages, but union keeps picket lines up The post Arbitrator awards 3% raises for CN employees represented by TCRC appeared first on FreightWaves. Sign in to access your portfolio
