financetom
Business
financetom
/
Business
/
Unifor initiates negotiations with Canadian Pacific Kansas City
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Unifor initiates negotiations with Canadian Pacific Kansas City
Oct 10, 2024 9:40 PM

Oct 8 (Reuters) - Unifor said on Tuesday it has

initiated contract negotiations with Canadian Pacific Kansas

City ( CP ), just weeks after it opened negotiations with

Canadian National Railway ( CNI ).

The union, representing 1,200 workers at CPKC, will seek to

address key issues affecting rail workers across seventeen

workplaces in Canada.

Canada is the world's second-largest country by area and

relies heavily on trains to transport a wide range of

commodities and goods. Work stoppages at railroad companies

could bring the nation's economy to a grinding halt, as they did

in August.

Unifor said its bargaining priorities include "high levels

of contracting out, forced overtime and strict company policies

that negatively impact work-life balance."

In August, the railroad company faced a threat of work

stoppage by the Teamsters Canada Rail Conference Union in one of

the biggest service disruptions in the country.

The work stoppage came to an end only after the Canadian

government called for a binding arbitration to reach an

agreement over a new contract. Teamsters has filed court

challenges against the rulings.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Louisiana-Pacific's Q1 Adjusted Earnings, Net Sales Increase; Shares Rise
Update: Louisiana-Pacific's Q1 Adjusted Earnings, Net Sales Increase; Shares Rise
May 8, 2024
12:47 PM EDT, 05/08/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph.) Louisiana-Pacific ( LPX ) shares were up 16.5% in recent trading on Wednesday after the company posted Q1 adjusted earnings and net sales ahead of consensus. The company reported Q1 adjusted earnings of $1.53 per diluted share, up from $0.34 a year...
Procter & Gamble Insider Sold Shares Worth $3,528,592, According to a Recent SEC Filing
Procter & Gamble Insider Sold Shares Worth $3,528,592, According to a Recent SEC Filing
May 8, 2024
12:46 PM EDT, 05/08/2024 (MT Newswires) -- Gary A Coombe, CEO, Grooming, on May 07, 2024, sold 21,388 shares in Procter & Gamble ( PG ) for $3,528,592. Following the Form 4 filing with the SEC, Coombe has control over a total of 38,608 shares of the company, with 36,854 shares held directly and 1,754 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/80424/000112760224014536/xslF345X03/form4.xml...
Update: Toast Shares Jump After Q1 Loss Narrows, Revenue Rises
Update: Toast Shares Jump After Q1 Loss Narrows, Revenue Rises
May 8, 2024
12:50 PM EDT, 05/08/2024 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.) Toast (TOST) shares rose nearly 12% in recent Wednesday trading after the company reported a Q1 loss late Tuesday of $0.15 per diluted share, narrower than a loss of $0.16 a year earlier. Analysts polled by Capital IQ expected a loss...
Electronic Arts Needs to Get Pipeline Flowing Again, Wedbush Says
Electronic Arts Needs to Get Pipeline Flowing Again, Wedbush Says
May 8, 2024
12:48 PM EDT, 05/08/2024 (MT Newswires) -- Electronic Arts ( EA ) needs to keep its pipeline of games flowing again to deliver top line expansion after the company reported Q4 results at the low end of its guidance and below Street expectations, Wedbush said in a report Wednesday. Wedbush analysts Nick McKay and Michael Pachter said EA continued to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved