CN and machinists' union sign five-year collective agreement covering U.S. employees.CHICAGO -- CN and the International Association of Machinists and Aerospace Workers The International Association of Machinists and Aerospace Workers is an AFL-CIO/CLC trade union representing approx. 646,933 workers as of 2006 in more than 200 industries. (IAMAW IAMAW abbr. International Association of Machinists and Aerospace Workers ) have signed a five-year collective agreement covering 215 CN employees in the United States. The labor pact, providing improved wages, benefits and employment security for affected employees, consolidates into one collective agreement seven separate agreements previously in force at CN operations in the U.S. and at U.S. railroads acquired by CN in recent years. The new CN-IAMAW agreement, which has been ratified by the union's membership, is effective immediately and runs through the end of 2009. The five-year term of the contract is consistent with recent collective agreement extensions at CN's Canadian operations, a development that provides greater labor relations stability for the company and its unionized 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 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. www.cn.ca Canadian National Railway Company (TSX:CNR) (NYSE NYSE See: New York Stock Exchange :CNI) |
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