CN Negotiates Tentative Labor Agreement With Unifor Union - Quick Facts

(RTTNews) - Canadian National Railway Co. (CNR.TO, CNI) said it has negotiated a tentative labor agreement with the Unifor union. As a result, CN has withdrawn its lockout notice to Unifor, which would have come effective at 23.00 hours local time in the absence of a settlement.

Details of the tentative agreement are being withheld pending ratification by Unifor members. The union is expected to announce the results of the ratification vote in the next three weeks.

Unifor represents 4,800 CN employees in four bargaining units at CN - clerical/intermodal; mechanical; CNTL truck owner-operators; and excavator-operators.