CN Pleased CAW Bargainers to Review Company's Enhanced Offer.Business Editors MONTREAL--(BUSINESS WIRE)--March 12, 2004 CN (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. ) (TSX:CNR) said today it's pleased that the bargaining committee of 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. (CAW) will meet in Toronto tomorrow to review the company's enhanced offer. CN on March 10 offered the CAW three choices to resolve the current labour dispute: a good faith cooling-off period; binding arbitration; and the CAW agreeing to submit an enhanced CN offer to a ratification vote. In response, the CAW turned town the first two options and invited CN to table an enhanced offer. Last night CN made that offer. CN hopes that the union will accept the enhanced offer and submit it to a ratification vote as soon as possible. This is the best way to end this unfortunate strike. 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, and Jackson, Miss., with connections to all points in North America. |
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