• DTS.USA
    5.765
    -0.008
    -0.1%
  • NTI.USA
    2.910
    0.000
    0%
  • NTID.USA
    2.900
    -0.090
    -3%
  • NTIDL.USA
    2.010
    -0.090
    -4.3%
  • OTRI.USA
    7.190
    -0.220
    -3%
  • OTVI.USA
    11,406.010
    -45.940
    -0.4%
  • DTS.USA
    5.765
    -0.008
    -0.1%
  • NTI.USA
    2.910
    0.000
    0%
  • NTID.USA
    2.900
    -0.090
    -3%
  • NTIDL.USA
    2.010
    -0.090
    -4.3%
  • OTRI.USA
    7.190
    -0.220
    -3%
  • OTVI.USA
    11,406.010
    -45.940
    -0.4%
NewsRailTop Stories

Canadian Pacific, Teamsters still negotiating wages, benefits

Union needs to give 72 hours’ notice ahead of work stoppage

Canadian Pacific and the Teamsters Canada Rail Conference (TCRC) are still negotiating over the terms of a new collective agreement, both sides said early Wednesday.

Should negotiations fail, TCRC members could go on strike following a 72-hour advanced strike notice to CP (NYSE: CP). The union confirmed it has not yet issued that notice that it would conduct a work stoppage. 

Teamsters members voted earlier this month to conduct a work stoppage should negotiations between the union and CP fail to produce a new labor agreement. A strike could have occurred as early as midnight Wednesday if TCRC had issued a 72-hour advance notice beforehand.

CP, TCRC and federal mediators met throughout the weekend in the hope of achieving a negotiated settlement and averting a work stoppage, CP told FreightWaves, adding that those negotiations are continuing in Calgary. 

The last four-year labor agreement expired Dec. 31. The union has said the main points of contention include wages, benefits and pensions, while CP says it has offered a two-year collective agreement that includes wage increases and agrees to 20 union demands on benefits and work rules.

A potential strike would affect more than 3,000 locomotive engineers, conductors, trainpersons and yardpersons working at CP.

Stakeholders on both sides of the U.S.-Canada border have been pressing CP and the Teamsters to avert a work stoppage, saying it could disrupt a supply chain still recovering from the COVID-19 pandemic.

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Joanna Marsh

Joanna is a Washington, DC-based writer covering the freight railroad industry. She has worked for Argus Media as a contributing reporter for Argus Rail Business and as a market reporter for Argus Coal Daily.