3 May 2007
Canadian Pacific Subsidiary Soo Line Railroad Reaches Negotiated Contract Settlement Covering its Locomotive Engineers
Canadian Pacific today announced it has reached a tentative
contract settlement with the Brotherhood of Locomotive Engineers and Trainmen, a Division of the Rail Conference of the International
Brotherhood of Teamsters (BLET).
The settlement is applicable on CP's US subsidiary, Soo Line Railroad, and covers 440 locomotive engineers.
The Soo Line and the BLET have agreed to apply the terms of the recently negotiated BLET national settlement, along with a commitment
by the Soo Line to place its locomotive engineers in the Railroad National Healthcare Plans.
The settlement was reached 23 Apr 2007 and will cover a five-year period, from 2005-2009. It
contains 17 percent in general wage increases over this term. It also includes increases in employee premium cost sharing as well as
several other benefit cost containment features.
The ratification process is expected to be completed by mid June.
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