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CNI Canadian National Railway Co

126.11
-1.31 (-1.03%)
Last Updated: 18:53:46
Delayed by 15 minutes
Share Name Share Symbol Market Type
Canadian National Railway Co NYSE:CNI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.31 -1.03% 126.11 127.70 125.89 127.54 245,463 18:53:46

CN and Unifor Affiliated CNTL Drivers Reach Tentative Agreement

17/01/2024 12:30pm

GlobeNewswire Inc.


Canadian National Railway (NYSE:CNI)
Historical Stock Chart


From Nov 2023 to May 2024

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CN (TSX: CNR) (NYSE: CNI) announced today that CNTL, a CN subsidiary dedicated to first and last mile trucking container pickup and deliveries, has reached a tentative agreement with owner-operators affiliated with Unifor. This four-year agreement covers approximately 750 owner-operators under contract with CNTL in Canada until December 31, 2027.

“We are pleased that CNTL reached an agreement with Unifor and wish to thank the Union for their hard work throughout this process. We believe that this deal is good for the owner-operators and will support business needs, ensuring that they can continue delivering critical first mile and last mile services.”

- Doug MacDonald, Executive Vice-President and Chief Marketing Officer at CN

About CNCN is a world-class transportation leader and trade enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. CN’s network connects Canada’s Eastern and Western coasts with the U.S. South through an 18,800-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.

 

Contacts:
MediaInvestment Community
Jonathan AbecassisStacy Alderson
Director, Public Affairs andAssistant Vice-President
Media RelationsInvestor Relations
438-455-3692media@cn.ca 514-399-0052investor.relations@cn.ca

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