MONTREAL, April 16, 2015 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced today that locomotive engineers in Canada represented by the Teamsters Canada Rail Conference (TCRC) union have ratified a new collective agreement with the company.
The three-year agreement retroactive to Jan. 1, 2015, provides wage increases and benefit improvements to approximately 1,800 locomotive engineers.
Jim Vena, CN executive vice-president and chief operating officer, said: "We are pleased with the TCRC members' ratification of this new labour agreement, which was bargained by the parties in February 2015 without the threat of labour disruption. With this ratification, CN has concluded its current round of collective bargaining in Canada and remains focused on delivering solid service to our customers and acting as a true backbone of the economy."
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.