Canadian National Railway : JUN 15, 2019Teamsters Rail Traffic Controllers Ratify New CN Agreement
June 15, 2019 at 04:24 pm EDT
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Agreement furthers long-term labour stability
MONTREAL, June 15, 2019 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that following the tentative agreement reached in May, the Teamsters Canada Rail Conference Rail Canada Traffic Controllers (TCRC-RCTC) has ratified the agreement. This agreement covers 180 rail traffic controllers in Canada. The four-year agreement, which is retroactive to January 1, 2019, provides for wage, and benefits improvements.
'Rail traffic controllers play an important role in ensuring the safety and fluidity of our operations,' said JJ Ruest, president and chief executive officer of CN. 'We are pleased that, along with furthering long term labour stability, this agreement demonstrates once again that our team of skilled railroaders, whether management or union, are working together toward mutually satisfying solutions.'
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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 20,000 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 about CN, visit the Company's website at www.cn.ca.
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CN - Canadian National Railway Company published this content on 15 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2019 20:23:03 UTC
Canadian National Railway Company is a transportation and logistics company. The Company's services include rail, intermodal, trucking, and supply chain services. The Companyâs rail services offer equipment, customs brokerage services, transloading and distribution, private car storage and others. Its intermodal container services help shippers expand their door-to-door market reach with about 23 strategically placed intermodal terminals. Its intermodal services include temperature-controlled cargo, port partnerships, logistics park, moving grain in containers, custom brokerage, transloading and distribution, and others. Its trucking services include door-to-door service, import and export dray, interline services, and specialized services. Its supply chain services offer comprehensive services across a range of industries and product types. It transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.