Canadian Pacific Kansas City is continuing the renewal of its locomotive fleet with the world’s two leading locomotive manufacturers as part of an ongoing multi-year US$800 million investment in American industry.
Canadian Pacific Kansas City said 16 tentative collective bargaining agreements reached in recent weeks with various U.S. labor unions have been ratified, covering about 700 railroad employees across multiple states.
Canadian Pacific Kansas City announced its first-quarter results, including revenues of $3.8 billion, diluted earnings per share of $0.97 and core adjusted diluted EPS1 of $1.06.
Canadian Pacific Kansas City said that United Steelworkers, representing roughly 600 clerical and intermodal employees in Canada, has ratified a new four-year collective agreement.
Canadian Pacific Kansas City said that the Teamsters Canada Rail Conference Maintenance of Way Employees Division, which represents engineering service employees in Canada, has ratified a new four-year collective agreement.
Canadian Pacific Kansas City officially opened the Patrick J. Ottensmeyer International Railway Bridge with a ceremonial ribbon cutting held over the Rio Grande.