CN locomotive engineers in Canada ratify new contract

MONTREAL, May 23, 2018 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that the company’s 1,800 locomotives engineers in Canada have successfully ratified a new collective agreement.

The five-year contract with the Teamsters Canada Rail Conference (TCRC), which runs through Dec. 31, 2022, provides wage and benefit improvements in each year of the agreement, in line with similar contracts in the industry, and modifies work rules that were of concern to both CN and engineers.  

“This new contract demonstrates CN’s on-going commitment to working together with our employees and the TCRC to address workplace issues, in a respectful and mutually beneficial manner,” said Mike Cory, CN executive vice-president and chief operating officer. “CN is very pleased to have renewed collective agreements with TCRC without any impact on the service we provide to customers and the North American economy.”

CN recognizes the assistance of Peter Simpson, head of the federal mediation and conciliation service, and his staff, during the collective bargaining process.  

CN is a true backbone of the economy whose team of approximately 25,000 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.