CN Closing In on New Labour Contracts With Train and Engine Employees in Canada.Business Editors MONTREAL--(BUSINESS WIRE)--Dec. 18, 2001 Canadian National (NYSE NYSE See: New York Stock Exchange :CNI) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CNR.) announced today it has negotiated a tentative new three-year labour contract with the United Transportation Union (UTU) in Canada. UTU members will vote on the contact in early 2002. CN said it is also finalizing a new collective agreement with 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. (BLE) that will be voted on early next year. Details of the two pacts are being withheld pending final union approvals. The UTU represents about 2,700 train service employees on CN's Canadian network, while the BLE represents about 1,900 CN locomotive engineers in Canada. CN has already secured new three-year collective agreements with four unions representing more than 8,100 of its 13,000 unionized employees in Canada. CN is optimistic it can soon reach a new labour agreement with the 240-member Rail Canada Traffic Controllers union. 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 spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east , serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key cities of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, St. Louis, Jackson, Miss., with connections to all points in North America. |
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