Railway union warns work stoppage looms after CN, CPKC seek conciliation [BNN Bloomberg (Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: BNN Bloomberg
Teamsters Canada president François Laporte said demands by Canadian National Railway Co. and Canadian Pacific Kansas City Ltd. are "non-negotiable." “CN and CPKC aim to eliminate all safety-critical rest provisions from our collective agreements. These provisions are necessary to combat crew fatigue and ensure public safety," he said in a press release on Monday. "We want to reach a negotiated settlement, but their demands are non-starters for the teamsters." As a result, a "work stoppage looms," the union said. CN and CPKC asked the federal labour minister Friday to appoint a conciliator for the bargaining process over a new collective agreement for train conductors, engineers and yard workers. The notice of dispute starts the clock on a possible strike or lockout, which could occur as soon as 81 days after the request, in early May. CN says recent regulatory changes to rest provisions have made it harder to find available crews. "Our offer, which was refused by the u
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CNI
Earnings
- 4/23/24 - Beat
CNI
Sec Filings
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/23/24 - Form 6-K
- CNI's page on the SEC website