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CONRAIL REACHES TENTATIVE AGREEMENT WITH BMWE

 CONRAIL REACHES TENTATIVE AGREEMENT WITH BMWE
 PHILADELPHIA, June 29 /PRNewswire/ -- Consolidated Rail Corporation


(NYSE: CRR) (Conrail) said it reached a tentative agreement Saturday on a new contract with its employees represented by the Brotherhood of Maintenance of Way Employes (BMWE).
 The agreement is subject to ratification by the BMWE.
 If ratified, the agreement would end negotiations that began in 1988 and led last week to congressional legislation requiring the parties to submit their dispute to binding arbitration if they cannot reach a negotiated settlement.
 "We have said all along that the right way to settle contractual differences is at the bargaining table," said James A. Hagen, Conrail's chairman, president and chief executive officer. "The task now is to move beyond this process and meet the challenge of providing the quality service our customers need and are coming to expect from us."
 Conrail operates a rail-freight transportation network in 14 Northeastern and Midwestern states, the District of Columbia, and the Province of Quebec.
 /delval/
 -0- 6/29/92
 /CONTACT: Robert L. Libkind or Andrea L. Just of Conrail, 215-977-4594/
 (CRR) CO: Consolidated Rail Corporation; Brotherhood of Maintenance of Way
 Employes ST: Pennsylvania IN: TRN SU:


CC -- PH038 -- 4791 06/29/92 14:07 EDT
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Publication:PR Newswire
Date:Jun 29, 1992
Words:203
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