CN and Unifor reach tentative agreement
MONTREAL, Dec. 14, 2018 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that a new tentative collective agreement has been reached between Unifor Local 100 and CN. Unifor represents approximately 2,100 locomotive and freight-car mechanics, electricians and apprentices who work at CN across Canada.
“We are pleased to conclude negotiations with railroaders who are part of what makes CN successful,” said JJ Ruest, president and chief executive officer of CN. “This new agreement reinforces CN’s commitment to working together with our people and their representatives to address workplace issues in a mutually beneficial manner.”
Negotiations began October 5, 2018 and now this tentative agreement will be presented for a ratification vote. The last collective agreement expires at the end of the month.
No details of the tentative agreement will be released publicly until the agreement is presented in a series of ratification meetings across the country.
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.
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