CN Wraps up Bargaining on Northern Quebec Territory with BLE Ratification of New Labour Agreement.Business Editors MONTREAL--(BUSINESS WIRE)--March 19, 2003 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 TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CNR) said today members of 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) on its 1,200-mile Northern Quebec Territory (NQT) have ratified a new collective agreement that preserves flexible work practices and hourly rates of pay. The five-year agreement will increase wages and benefits for 65 BLE members retroactive to May 1, 2000. With this settlement, CN has completed all labour negotiations on the NQT with unions representing more than 250 employees. Keith L. Heller, senior vice-president of CN's Eastern Canada Division, said: "The NQT was established in 1995 with flexible work rules and hourly pay for train and engine personnel that are similar to those employed by low-cost short-line railways. "The new approach has worked - the NQT is now a competitive component of CN's network and an important generator of traffic for the railway. The wage increases in these new agreements - the first in eight years - recognize the contribution that NQT employees have made to CN since 1995." 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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