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CPKC reaches tentative collective agreements in United States
Prnewswire· 2025-11-05 18:59
Core Points - Canadian Pacific Kansas City (CPKC) has reached 13 new tentative collective agreements with various unions in the United States, covering multiple employee categories including carmen, hostlers, laborers, clerks, maintenance workers, and supervisors [1][5]. - The agreements include six tentative five-year contracts with the Brotherhood of Railway Carmen, covering 228 carmen across several properties [2]. - Five additional tentative five-year agreements have been established with the Transportation Communications Union and American Railway and Airway Supervisors Association, covering approximately 105 employees [3]. - Two more tentative agreements have been reached with the National Conference of Firemen and Oilers, covering 30 hostlers and laborers [4]. - CPKC President and CEO Keith Creel expressed satisfaction with the agreements, highlighting increased wages for employees and the collaborative effort with union leaders [5]. - The agreements are pending ratification by the union's membership [6]. Company Overview - CPKC is the first and only single-line transnational railway linking Canada, the United States, and Mexico, with a network stretching approximately 20,000 route miles and employing 20,000 railroaders [7]. - The company provides extensive rail service and logistics solutions across North America, aiming to grow alongside its customers [7].
CPKC to report third-quarter 2025 earnings results on October 29
Prnewswire· 2025-10-01 14:59
Core Points - Canadian Pacific Kansas City (CPKC) will release its third-quarter 2025 financial and operating results on October 29, 2025, after market close [1] - A conference call to discuss the results will take place at 4:30 p.m. ET on the same day, with access numbers provided for both Canada/U.S. and international callers [1] - CPKC is the first and only single-line transnational railway linking Canada, the U.S., and Mexico, with a network of approximately 20,000 route miles and 20,000 employees [1] - The company offers a suite of freight transportation services, logistics solutions, and supply chain expertise to its North American customers [1]
CPKC Increases Dividend By 20 Percent
Prnewswire· 2025-04-29 22:46
Core Points - Canadian Pacific Kansas City Limited (CPKC) announced a quarterly dividend increase of 20% from $0.19 to $0.228 per share [1][2] - The dividend is part of CPKC's commitment to returning cash to shareholders and reflects the company's successful debt repayment following the merger of Canadian Pacific and Kansas City Southern [2] - The dividend will be payable on July 28, 2025, to shareholders on record as of June 27, 2025, and qualifies as an "eligible" dividend under Canadian tax legislation [2] Company Overview - CPKC is the first and only single-line transnational railway connecting Canada, the United States, and Mexico, with extensive access to major ports across North America [3] - The railway spans approximately 20,000 route miles and employs around 20,000 railroaders, providing comprehensive rail service and network reach to key markets [3] - CPKC is focused on growth alongside its customers, offering a range of freight transportation services, logistics solutions, and supply chain expertise [3]