INDEPENDENCE, Ohio — The Brotherhood of Locomotive Engineers and Trainmen has ratified a new five-year U.S. agreement with Canadian Pacific and its subsidiary Soo Line.
The CP/Soo agreement is similar to the national agreement signed in 2022, including a 22% wage increase over the life of the contract, compounding to 24% over the life of the agreement; five $1,000 annual bonus payments, and an extra personal leave day per year. Health and welfare benefits remain nationally negotiated, according to the BLET website.
“We thank the BLET for working collaboratively to reach this negotiated collective agreement,” CP CEO Keith Creel said in a press release. “The ratification of this agreement, which provides improved pay and flexibility, is a positive for our railroaders, further demonstrating CP’s commitment to reaching new negotiated collective agreements.”
Union members employed by the Springfield Terminal Railway also ratified an agreement regarding Berkshire & Eastern operation of the Pan Am Southern, a condition of the CSX Transportation acquisition of Pan Am Railways. The agreement, covering approximately 60 workers, applies protective conditions to those workers, sets forth the process to divide the workers between Springfield Terminal and Berkshire & Eastern, and defines the limits of the railroad.
— Updated at 10:15 a.m. CDT with comment from CP CEO Keith Creel.