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CNR Canadian National Railway Company

172.48
0.00 (0.00%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Canadian National Railway Company TSX:CNR Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 172.48 173.53 173.53 0 12:30:08

Canadian National Railway Conductors Set Tuesday Strike Deadline

17/11/2019 3:37pm

Dow Jones News


Canadian National Railway (TSX:CNR)
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From May 2019 to May 2024

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By Kim Mackrael 

OTTAWA -- The union representing Canadian National Railway Co. conductors says its members will go on strike early Tuesday if they haven't reached a deal by then for a new collective agreement.

Teamsters Canada Rail Conference said more than 3,000 conductors, yard workers and other train workers plan to begin their strike on Tuesday at 12:01am EST. The workers' previous collective agreement with the company expired in July, the union said.

Canadian National said that it continues to negotiate in good faith and that is had offered to enter into binding arbitration with the union. It said the union had declined the offer of binding arbitration.

"We remain committed to constructive talks to reach an agreement without a work stoppage," Canadian National Chief Operating Officer Rob Reilly said.

The union said its biggest concerns relate to rail safety, including worker fatigue, and prescription drug benefits. It said wages were not a major sticking point in the negotiations.

"The union hopes to reach a negotiated settlement that its members can ratify, and to move forward without a service disruption," it said.

Canadian National is Canada's largest railroad operator and transports more than 250 billion Canadian dollars ($189 billion) of goods annually, according to the company.

Write to Kim Mackrael at kim.mackrael@wsj.com

 

(END) Dow Jones Newswires

November 17, 2019 10:22 ET (15:22 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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