Canadian Pacific Kansas City (CP,CP.TO) announced a new tentative five-year collective agreement with the Brotherhood of Locomotive Engineers and Trainmen.
The tentative agreement providing increased wages and more flexible work rules covers approximately 300 locomotive engineers on the Soo Line property operating trains in Illinois, Indiana, Minnesota, North Dakota and Wisconsin.
Last week, CPKC announced a series of 13 tentative five-year collective agreements with various unions representing approximately 360 employees across the United States. All the tentative agreements announced this month are pending ratification by the unions' membership.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.