CN Negotiates Early Tentative Collective Agreement With Track Workers' Union in Canada.Business Editors MONTREAL--(BUSINESS WIRE)--Sept. 6, 2000 Canadian National (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 (1) (Certified NetWare Instructor) See Novell certification. (2) (Coalition for Networked Information, Washington, DC, www.cni.org) A partnership of the Association of Research Libraries, CAUSE and EDUCOM, founded in 1990. ) said today it has reached a new tentative collective agreement with the Brotherhood of Maintenance of Way Employees (BMWE BMWE Brotherhood of Maintenance of Way Employees (Canada) ) four months before the current agreement expires. The BMWE is one of the largest rail unions in Canada and represents more than 3,400 employees at CN. Its members repair and maintain the Company's track, buildings and bridges in Canada See also: List of bridges for any bridge Alberta
The BMWE's existing agreement expires at year-end 2000. Details of the new three-year contract will not be released publicly until the pact is ratified. In general terms, the agreement provides for wage increases, benefit improvements and increased productivity. Ron Bowden, eastern system federation general chairman of the BMWE in Canada and chairman of the union bargaining committee, said: "Never before has the BMWE been able to renegotiate a labour agreement with CN so far in advance of a current agreement's expiry. This reflects a new partnership with CN and greater management awareness of the BMWE's importance in maintaining the railway's infrastructure and the safety of operations. This bodes well for BMWE members at CN." These sentiments were echoed by Ron F. Liberty, system federation general chairman of the western system federation. Paul M. Tellier, CN's president and chief executive officer, said: "CN invited all of its unions to begin early bargaining this year in a bid to improve communications between management and labour. The BMWE was the first union to accept our offer. Like the BMWE, I take pleasure in seeing this contract renewed so early in the process. The agreement supports and advances CN's major business objective of sustained revenue growth through the delivery consistent, reliable service." CN has six bargaining units, including the BMWE, representing seven unions in Canada whose three-year collective agreements expire on Dec. 31, 2000. These unions represent about 14,300 active CN employees. 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 key cities of Toronto, Buffalo, Chicago, Detroit, Memphis, St. Louis, and Jackson, Miss., with connections to all points in North America. |
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