A CN Railway executive says there's lots of track left ahead before it comes down to a labour disruption. The organization has been dealing with multiple workforce disputes over the past year, and another is impending.
Tag Archives canadian national
CN optimistic despite potential strike risk
Senior executive tells Agribition grain panel that railway remains 'at the table'
Canada’s railways grind to a halt
12:01 AM EDT on August 22, after negotiations that began last year failed to bring about a resolution to the dispute, CN and CPKC announced at that they would lockout their employees who are members of the Teamsters Canada Rail Conference (TCRC). The move affects roughly 9,000 employees at the two companies.
North American agriculture groups ask US, Canadian governments to stop rail strike
Nearly three dozen North American agriculture groups, in a joint letter to the U.S. and Canadian governments today, urged action to avoid a rail stoppage.
Industry and shippers brace for Canada rail stoppage, fear ‘catastrophe’
North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of Canada's main railway companies that could inflict billions of dollars' worth of economic damage.
CN’s mechanics, intermodal staff ratify labour deal
Agreement averted strike in March
Mechanics, intermodal and clerical workers at Canadian National Railway (CN) who were on the brink of striking in March have voted to ratify the agreements that kept them off the picket line. Unifor, which represents about 3,000 CN employees, said Friday its members voted to ratify four new two-year collective bargaining agreements taking them through […] Read more
CN, mechanics avert strike with tentative deal
Ratification votes pending
Canadian National Railway and the union representing its mechanics and intermodal and clerical workers have reached a tentative labour deal, averting a potential strike. CN, Unifor Local 100 and Unifor Council 4000 on Monday announced they have reached four new tentative collective agreements to cover about 3,000 railway employees, who had voted earlier this month […] Read more
CN names new CEO, easing tussle with investor
Former CP executive Tracy Robinson returns to rail
Reuters — Canadian National Railway on Tuesday named industry veteran Tracy Robinson as its new chief executive officer, soothing a months-long tussle with its second-largest shareholder over leadership at the railroad operator. Robinson will replace Jean-Jacques Ruest, who announced his decision to step down from the role in October following investor demands for his exit […] Read more
Hedge fund TCI seeks delay in CN CEO search
Reuters — TCI Fund Management said on Thursday Canadian National Railway’s search for a new chief executive officer should be delayed until shareholders at the nation’s top rail operator vote for a new search committee to elect a CEO. The announcement comes days after CN said TCI’s pick and former Union Pacific executive Jim Vena […] Read more
U.S. regulator rejects CN’s voting trust to buy Kansas City Southern
CP rips CN's play as 'illusory and not achievable'
Reuters — The U.S. rail regulator on Tuesday rejected a voting trust structure that would have allowed Canadian National Railway (CN) to proceed with its US$29 billion proposed acquisition of U.S. peer Kansas City Southern. The decision was a blow to the deal that would create the first direct railway linking Canada, the U.S. and […] Read more
Railways overshoot grain revenue limits for 2019-20
Grain revenues run $5.3 million over caps, CTA rules
Canada’s big two railways have about two more weeks to hand over about $5.6 million in Prairie grain revenue overages and related penalties for the 2019-20 crop year. The Canadian Transportation Agency (CTA) on Dec. 22 ruled Canadian National Railway (CN) and Canadian Pacific Railway (CP) each overshot their maximum revenue entitlements (MREs) for the […] Read more
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