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Dear Customer,
The following excerpt is taken from a Customer Bulletin received from CN:
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MONTREAL, January 31, 2020 — CN (TSX: CNR) (NYSE: CNI) is pleased to announce that the Teamsters Canada Rail Conference – Conductors, Trainpersons and Yardpersons (TCRC-CTY) union that represents the company’s train conductors and yard crews in Canada has ratified its collective agreements with the company.
The three-year agreements, retroactive to July 23, 2019, provide wage increases and benefit improvements to approximately 3,200 conductors represented by the union that initiated strike action in November 2019, severely impacting the Canadian economy.
“We are pleased to have completed these agreements,” said JJ Ruest, president and Chief Executive officer at CN.
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 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.
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We will continue to provide updates as they become available.
Sincerely,
HENSALL GLOBAL LOGISTICS
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