Earliest Teamsters could strike is Tuesday morning
MONTREAL, May 27, 2017 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) said today that the Teamsters Canadian Rail Conference – Conductors, Trainpersons and Yardpersons (TCRC-CTY), which represents approximately 3,000 CN conductors and yard operations employees in Canada, has given the company a 72-hour notice of its intention to strike as of 0400 hours Eastern Daylight Time on May 30, 2017.
Mike Cory, executive vice-president and chief operating officer of CN, said: "We continue to negotiate in good faith with the assistance of a federally-appointed mediator in order to reach a fair agreement before the strike deadline. We are also offering to resolve our differences through binding arbitration with a neutral arbitrator. We remain optimistic that we can reach an agreement without a labour disruption."
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 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.