MONTREAL, Aug. 8, 2017 /CNW/ - CN (TSX: CNR) (NYSE: CNI) has announced that the Teamsters Canada Rail Conference – Conductors, Trainpersons and Yardpersons (TCRC-CTY) union that represents the company's conductors and yard crews in Canada has ratified a new collective agreement with the company.
The three-year agreement retroactive to July 23, 2016, provides wage increases and benefit improvements to approximately 3,000 conductors.
Mike Cory, CN executive vice-president and chief operating officer, said: "We are pleased to have completed this agreement with TCRC-CTY members. This agreement is testament to the benefits of relationship building and we look forward to continuing to foster this relationship moving forward. Together, we reached this agreement without a labour disruption allowing us to continue providing quality service to our customers."
CN is a true backbone of the economy whose team of approximately 23,000 railroaders transports 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.
For further information: Media: Patrick Waldron, Senior Manager, Media Relations, (514) 399-8803; Investment Community: Paul Butcher, Vice-President, Investor Relations, (514) 399-0052