CN says rail traffic controllers in Canada ratify new collective agreement

May 28, 2012, 10:00 ET from CN

MONTREAL, May 28, 2012 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced today that members of the Teamsters Canada Rail Conference-Rail Canada Traffic Controllers (TCRC-RCTC) have ratified a new collective agreement covering approximately 210 train dispatchers in Canada.

The three-year contract, retroactive to Jan. 1, 2012, provides wage increases along with standard benefit improvements to the TCRC-RCTC members at CN.

Keith Creel, executive vice-president and chief operating officer, said: "CN welcomes ratification of this new collective agreement by the TCRC-RCTC. This agreement, reached without third-party assistance, demonstrates the strong working relationship we have developed with the TCRC."

CN - Canadian National Railway Company and its operating railway subsidiaries - spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, 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.

SOURCE CN