04:19 PM EST, 01/27/2025 (MT Newswires) -- Canadian Pacific Kansas City ( CP ) after close of trade Monday said it had reached a tentative four-year collective agreement with Unifor representing approximately 1,200 employees at CPKC in Canada. Details of the tentative collective agreement are not being released pending ratification of the new agreement.

Unifor represents mechanics, labourers, diesel service attendants and mechanical support staff.

"We are pleased to have reached a tentative collective agreement at the negotiating table with our mechanical employees in Canada," said President and CEO of CPKC Keith Creel.

CPKC gained $1.46 or near 1.3% to $115.95 today.