CN's Tentative Labor Contracts Now Cover 63 Per Cent of Its Unionized Workforce in Canada.MONTREAL, Quebec--(BUSINESS WIRE)--March 17, 1998--CN(ME:CNR.) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CNR.) (NYSE NYSE See: New York Stock Exchange :CNI) Canadian National said today national labor negotiations have produced tentative collective agreements with four labor organizations representing 63 per cent of its unionized work force of 17,460 in Canada. CN's latest labor agreements were signed last week with the Brotherhood of Maintenance of Way Employees, and the Rail Canada Traffic Controllers. Their agreements are subject to ratification. The BMWE represents almost 4,000 CN employees who maintain the railway's track, buildings and bridges. The RCTC represents more than 300 employees who dispatch CN trains. The International Brotherhood of Electrical Workers The International Brotherhood of Electrical Workers (IBEW) is a labor union which represents workers in the electrical industry in the United States and Canada, particularly electricians, or Inside Wiremen, in the construction industry and linemen and other employees of public , meanwhile, has concluded negotiations with CN and commenced a ratification vote on a tentative agreement. The IBEW represents 845 signals and communications employees. Its latest agreement with the company was modified with the assistance of a federal conciliation conciliation: see mediation. officer. In mid-February, CN announced a tentative agreement with the Canadian Council of Railway Operating Unions. The CCROU, the bargaining agent for the Brotherhood of Locomotive Engineers The Brotherhood of Locomotive Engineers (BLE) was a labor union founded in Marshall, Michigan on May 8, 1863, as The Brotherhood of the Footboard; a year later, its name was changed to The Brotherhood of Locomotive Engineers. and the United Transportation Union, represents 5,820 employees who operate CN trains. All tentative agreements provide for wage increases and pension and benefit improvements. Details will not be released until the pacts are ratified. CN now has renewed labor agreements, subject to ratification, with unions representing almost 11,000 employees. Except for the assistance of a conciliator in the IBEW's negotiations, these collective agreements were freely negotiated without the assistance of a third party. CN remains in conciliation with the Canadian Auto Workers The Canadian Auto Workers (CAW; formally the National Automobile, Aerospace, Transportation and General Workers Union of Canada) is one of Canada's largest and highest profile trade unions. union, which represents about 6,400 clerical, shopcraft and independent contractors. CN expects to conclude negotiations soon with the Canadian National Railways Police Association. The CNRPA has 70 members. Canadian National Railway Company Canadian National Railway Company (NYSE: CNI, TSX: CNR) is a Canadian rail transportation company that operates the Canadian National Railway. It was created in December, 1918 as a Crown corporation of the Government of Canada to nationalize several bankrupt rail systems is Canada's largest and North America's sixth-largest railway based on revenue. It serves all of Canada, including the key ports of Vancouver, Montreal and Halifax, and the key gateways of Chicago and Detroit, with connections to all points in North America. CONTACT: Canadian National Railway Company Mark Hallman, 416/217-6390 http://www.cn.ca |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion