MONTREAL, Jan. 30, 2015 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced
today that members of the United Steelworkers (USW) union Local 2004
have ratified a four-year labour agreement covering approximately 3,000
maintenance-of-way employees who inspect, maintain and repair CN's
track, bridges and structures in Canada. The new agreement was reached
prior to the expiry of the previous agreement and is retroactive to
Jan. 1, 2015.
Jim Vena, CN executive vice-president and chief operating officer, said:
"We commend the USW leaders and membership for reaching and ratifying
an amicable and mutually beneficial collective agreement with the
company before its expiration. The agreement recognizes the value of
negotiating an early deal, and it delivers solid wage and benefits
improvements to union members, along with work-rule changes that will
increase the efficiency of CN and its employees in maintaining and
improving the company's rail infrastructure critical to Canada."
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.
SOURCE CN