3 March 2005
UTU-Represented
Yardmasters at CPR's Soo Line Ratify Contract
United Transportation
Union-represented yardmasters recently ratified an agreement with Canadian Pacific
Railway. The yardmasters work at the Class I's 3,200-mile Soo Line subsidiary.
The contract provides three wage increases (retroactive to 1 Aug 2002), a $500 signing
bonus and a performance incentive plan that could boost pay up to 5 percent. The pact also improves
life, accident and dismemberment benefits; increases supplemental sickness benefits, enhances 401k
plans and adds health-care insurance plan
choices.
The railroad and union reached a tentative agreement in early February.
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