United Steelworkers and Canadian Pacific reach tentative contract agreement

Sep 28, 2012, 16:32 ET from Canadian Pacific

CALGARY, Sept. 28, 2012 /PRNewswire/ - Canadian Pacific (TSX:CP)(NYSE: CP) and the United Steelworkers (USW), Local 1976, have announced a tentative contract agreement.

The USW represents 800 clerical and intermodal employees at CP. The current contract was due to expire December 31, 2012.

The ratification process will take place over the next few weeks. Details of the contract will be disclosed following ratification.

About Canadian Pacific Canadian Pacific (TSX:CP)(NYSE: CP) operates a North American transcontinental railway providing freight transportation services, logistics solutions and supply chain expertise. Incorporating best-in-class technology and environmental practices, CP is re-defining itself as a modern 21st century transportation company built on safety, service reliability and operational efficiency. Visit www.cpr.ca to learn more.

SOURCE Canadian Pacific