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BLET/CPR Tentative Agreement | |  |
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BLET reaches tentative
deal with CP's US subsidiary
Published: May 3rd 2007
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CALGARY, May 3 /CNW/ - Canadian Pacific today
announced it has reached a tentative contract
settlement with the Brotherhood of Locomotive
Engineers & 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 April 23, 2007 and
will cover a five-year period, from 2005-2009.
It contains 17 per cent 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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