News Formal

CP Rail goes on hiring spree in lead-up to final regulator decision on Kansas City Southern merger

  • 📰 financialpost
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 85%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

CP Rail has hired nearly 2,000 conductors as it bulks up its workforce in anticipation of final approval on its KCS merger. Read on.

Play Video

“In spite of a historically tight labour market in ’22, it was a record year of hiring at CP,” Creel said. “We added more than 1,600 conductors over the course of last year, and we made some significant progress with our labour agreements.”Article content “Assuming a positive response from the STB, the synergies that we one day will realize will take some people. So we’re hiring a few thousand at a time, and we’re spending cap-ex at record levels on our property and KCS on their properties.”

All of the activity comes against the backdrop of an uncertain economic environment. On Tuesday, CP Rail said it earned $1.27 billion in the fourth quarter of 2022, compared with $532 million in the same period of 2021.Article content

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 7. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

CP Rail hires thousands as it awaits regulatory go-ahead for acquisition of Kansas City SouthernCP Rail CEO Keith Creel said the Calgary-headquartered railway is in growth mode as it awaits a decision by the U.S. Surface Transportation Board The holding company hired thousands? CorruptionPacific
Fonte: globeandmail - 🏆 5. / 92 Leggi di più »

CP Rail hires thousands as it awaits regulatory go-ahead for KCS mergerCanadian Pacific Railway Ltd. is on a hiring spree as it awaits regulatory go\u002Dahead for its acquisition of Kansas City Southern.
Fonte: TheTorontoSun - 🏆 23. / 68 Leggi di più »

CP Rail hires thousands as it awaits regulatory go-ahead for KCS merger - BNN BloombergCanadian Pacific Railway is on a hiring spree as it awaits regulatory go-ahead for its acquisition of Kansas City Southern.
Fonte: BNNBloomberg - 🏆 83. / 50 Leggi di più »

CP Rail hires thousands as it awaits regulatory go-ahead for KCS mergerCanadian Pacific Railway Ltd. is on a hiring spree as it awaits regulatory go-ahead for its acquisition of Kansas City Southern. How much of this this does Gates own, sneaky bastard?
Fonte: CTVNews - 🏆 1. / 99 Leggi di più »