MONTREAL, May 29, 2017 /PRNewswire/ - CN (TSX: CNR)
(NYSE: CNI) announced today that it has reached a tentative
agreement with the Teamsters Canada Rail Conference – Conductors,
Trainpersons and Yardpersons (TCRC-CTY) to renew the labour
contract for approximately 3,000 CN conductors and yard operations
employees in Canada.
Details of the agreement are being withheld pending ratification
by TCRC members, a process expected to take approximately 60
days.
Mike Cory, CN executive vice-president and chief operating
officer, said: "CN is very pleased to have reached this settlement
with TCRC-CTY without a service disruption. This new agreement
reinforces CN's commitment to working together with our employees
and their representatives to address workplace issues in a mutually
beneficial manner."
CN is a true backbone of the economy, transporting more than
C$250 billion worth of goods annually
for a wide range of business sectors, ranging from resource
products to manufactured products to consumer goods, across a rail
network of approximately 20,00 route-miles spanning Canada and mid-America. CN – Canadian National
Railway Company, along with its operating railway subsidiaries –
serves the cities and ports of Vancouver, Prince
Rupert, B.C., Montreal,
Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of
Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth,
Minn./Superior, Wis., and
Jackson, Miss., with connections
to all points in North America.
For more information on CN, visit the company's website at
www.cn.ca.
SOURCE CN