CN's train conductors' union in Canada, representing roughly 3,000 CN workers, says tentative labor agreements negotiated in October 2013 have failed to be ratified; union, company to meet in coming week to discuss next steps

Cindy Allen

MONTREAL , January 31, 2014 (press release) – CN (CNR.TO) (CNI) said today that the Teamsters Canada Rail Conference - Conductors, Trainpersons and Yardpersons (TCRC-CTY) has advised the Company that the tentative labour agreements negotiated with the union in October 2013 have failed to ratify.

The TCRC-CTY represents approximately 3,000 CN train conductors, trainpersons, yardpersons and traffic coordinators on CN's network in Canada .

Jim Vena, CN executive vice-president and chief operating officer, said: "Last fall, after extensive negotiations, we reached progressive agreements with the union leadership of the TCRC-CTY representing our Canadian employees. We are disappointed to learn that those agreements failed to ratify. We have agreed to meet with the TCRC-CTY leaders next week to review the ratification results and discuss solutions on how we move forward from here."

CN (CNR.TO) (CNI) is a true backbone of the economy, transporting approximately C$250 billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network spanning Canada and mid-America. CN - Canadian National Railway Company, along with its operating railway subsidiaries -- serves the cities and ports of Vancouver , Prince Rupert, B.C. , Montreal , Halifax , New Orleans , and Mobile, Ala. , and the metropolitan areas of Toronto , Edmonton , Winnipeg , Calgary , Chicago , Memphis , Detroit , Duluth, Minn. / Superior, Wis. , and Jackson, Miss. , with connections to all points in North America . For more information on CN, visit the company's website at www.cn.ca.

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