Canadian Railway Strike Averted

Canadian National Railway (CN) reached a tentative contract agreement on Monday with the union Teamsters Canadian Rail Conference – Conductors, Trainpersons and Yardpersons (TCRC-CTY) , the Journal of Commerce reports.

On Saturday, the union informed CN of an impending strike beginning May 30 at 4 a.m. EDT (08:00 GMT).  The strike was called  after the railroad announced new work rules during negotiations to replace an expired contract.

However, CN and TCRC-CTY on Monday reached a settlement on a new labor contract, thus avoiding a strike. The details of the deal were being withheld pending ratification by Teamsters Canada Rail Conference members, CN said. The ratification process takes about 60 days.

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