CP, TCRC-Train & Engine and IBEW take significant steps forward, avoid work stoppage

​Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) has reached an agreement with both the Teamsters Canada Rail Conference-Train & Engine (TCRC) and the International Brotherhood of Electrical Workers (IBEW), which averts the potential work stoppage of 12:01 am Eastern time tomorrow, April 21, 2018.

On the recommendation of federal mediators, the Minister of Labour will direct the Canadian Industrial Relations Board to administer a ratification vote on each of the company’s final offers to the TCRC and IBEW.

“I want to thank the leadership of the TCRC, IBEW, and Federal Mediation and Conciliation Service for their hard work, collaboration and openness to getting this situation resolved without a work stoppage,” said Keith Creel, CP President and CEO. “This is tremendous news for our employees, our customers and the Canadian economy.”

CP will immediately begin to execute a safe and structured start-up of its train operations in Canada. As a result of today’s announcement, there will be no disruption to the commuter rail companies operating on CP’s network and CP will be able to continue to provide safe and efficient freight service for our customers.

There are approximately 3,000 conductors and engineers represented by the TCRC. Approximately 360 signal maintainers are represented by the IBEW.

No further details will be made available at this time.
http://www.cpr.ca/en/media/cp-tcrc-train-engine-and-ibew-take-significant-steps-forward-avoid-work-stoppage

Related Posts

myPerspectives English Language Arts Program from Savvas Learning Company Earns Highest Rating from EdReports

Savvas Learning Company, a K-12 next-generation learning solutions leader, is excited to announce that its myPerspectives English Language Arts program has received the highest rating of “All-Green” from EdReports. myPerspectives is a student-centered, standards-aligned English Language Arts (ELA) program for grades 6-12 that values the perspective of the learner and prepares students to become lifelong readers and writers. “Savvas understands that high-quality ELA instruction should support and challenge students to become critical thinkers,” said Bethlam Forsa, CEO of Savvas Learning Company. “With a diverse collection of literary selections and meaningful learning opportunities to expand and show knowledge, myPerspectives engages students with dynamic reading and writing experiences that help them develop strong literacy skills. We appreciate EdReports for recognizing myPerspectives for its highly successful, evidence-based approach that both inspires students and improves learning outcomes.”

Macy’s Accelerates the Growth of Its Off-Mall, Small-Format Strategy

Macy’s announced that, as part of its Polaris strategy, the company will open four new off-mall, small-format stores this fall. The locations will include Market by Macy’s, a smaller store that offers customers more to love with its curated assortment of the latest fashion trends, as well as the first-ever dual Market by Macy’s and Macy’s Backstage off-price location. “At Macy’s, we thrive on retail being a dynamic business requiring continuous analysis, reinvention and innovation. As customer preferences and buying behaviors change, we continue to evolve to deliver the experience our customers expect,” said Marc Mastronardi, Chief Stores Officer at Macy’s. “As exciting brand extensions, Market by Macy’s and Macy’s Backstage each offer unique shopping experiences – one celebrates discovery and convenience, while the other appeals to the customer who loves the thrill of the hunt for a great value.”

Target and Ulta Beauty Announce Brands and First Locations Ahead of Highly Anticipated August Launch

Target Corporation and Ulta Beauty shared details about the highly anticipated Ulta Beauty at Target, slated to begin rolling out in more than 100 Target stores nationwide and online with more than 50 specially curated prestige brands this August. The differentiated retail concept pairs Ulta Beauty's industry authority with Target's beloved experience, bringing a one-of-a-kind beauty experience to millions of guests. The companies are planning for these experiential "shop-in-shops" to reach a total of 800 Target stores across the country in the coming years. "As the retail and beauty industries continue to evolve, we take pride in being leaders that continually redefine and elevate guest experiences. Ulta Beauty at Target reflects our commitment to drive the industry forward and keep our guests meaningfully engaged," said Kecia Steelman, chief operating officer, Ulta Beauty. "Our dynamic teams have worked together to create a disruptive, exciting way to discover prestige beauty with a thoughtfully curated assortment and knowledgeable, approachable experts to serve as beauty gurus."
Back To Top
×Close search
Search