logo
Plus   Neg
Share
Email

CN Reaches Tentative Deal With IBEW System Council 11 To Renew Labour Contract

Canadian National Railway Co. (CNI, CNR.TO) announced Friday that it has reached a tentative agreement with the International Brotherhood of Electrical Workers or IBEW System Council 11 to renew the labour contract for approximately 700 CN signals and communications employees in Canada.

Details of the agreement - negotiated prior to the expiry of the current contract on December 31, 2012 -- are being withheld pending ratification by the union's membership.

The company expects to hear the results of the union's ratification vote before the end of January 2013.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Walmart is ditching its dress code policy and is testing a new dress code that will allows "associates" to wear blue denim and shirts of any solid color. The updated dress coded guidelines now allow employees to wear blue "jeggings" and blue jeans and shirts of any solid color, according to a Walmart... Canadian investment firm Fairfax Financial Holdings Ltd. has submitted a "stalking horse" bid worth C$300 million, or $237 million, for the Canadian unit of Toys "R" Us, according to court documents. A stalking horse bid is an initial bid on the assets of a bankrupt company. The bankrupt company will choose an entity from a pool of bidders who will make the first bid on its assets. The car rental market in the U.S. is consolidating as large car rental companies are buying smaller, local companies to expand their portfolio of premium and value brands. The key players in the U.S. market include Enterprise Holdings, Hertz Global Holding and Avis Budget Group. Let's take a look at some of the best and worst car rental companies in the U.S.
Follow RTT