• DATVF.VSU
    1.385
    0.016
    1.2%
  • DATVF.PHLCHI
    0.943
    -0.053
    -5.3%
  • DATVF.VEU
    1.652
    0.027
    1.7%
  • DATVF.LAXSEA
    2.155
    0.031
    1.5%
  • DATVF.CHIATL
    2.209
    0.102
    4.8%
  • DATVF.VWU
    1.764
    0.049
    2.9%
  • DATVF.SEALAX
    1.373
    0.067
    5.1%
  • DATVF.VNU
    1.600
    0.030
    1.9%
  • DATVF.DALLAX
    1.030
    -0.019
    -1.8%
  • DATVF.ATLPHL
    1.803
    0.030
    1.7%
  • DATVF.LAXDAL
    1.740
    0.050
    3%
  • ITVI.USA
    10,250.710
    -46.410
    -0.5%
  • OTRI.USA
    7.920
    -0.400
    -4.8%
  • OTVI.USA
    10,244.810
    -70.470
    -0.7%
  • TLT.USA
    2.620
    0.010
    0.4%
  • WAIT.USA
    158.000
    8.000
    5.3%
  • DATVF.VSU
    1.385
    0.016
    1.2%
  • DATVF.PHLCHI
    0.943
    -0.053
    -5.3%
  • DATVF.VEU
    1.652
    0.027
    1.7%
  • DATVF.LAXSEA
    2.155
    0.031
    1.5%
  • DATVF.CHIATL
    2.209
    0.102
    4.8%
  • DATVF.VWU
    1.764
    0.049
    2.9%
  • DATVF.SEALAX
    1.373
    0.067
    5.1%
  • DATVF.VNU
    1.600
    0.030
    1.9%
  • DATVF.DALLAX
    1.030
    -0.019
    -1.8%
  • DATVF.ATLPHL
    1.803
    0.030
    1.7%
  • DATVF.LAXDAL
    1.740
    0.050
    3%
  • ITVI.USA
    10,250.710
    -46.410
    -0.5%
  • OTRI.USA
    7.920
    -0.400
    -4.8%
  • OTVI.USA
    10,244.810
    -70.470
    -0.7%
  • TLT.USA
    2.620
    0.010
    0.4%
  • WAIT.USA
    158.000
    8.000
    5.3%
CanadaNewsRail

Canadian National and Teamsters reach deal to end strike

Canadian National (NYSE: CNI) and the Teamsters reached a tentative agreement to end the rail strike by about 3,200 rail workers.

Normal rail operations resume at 6 a.m. tomorrow, Nov. 27, Teamsters Canada and CN said in on Nov. 26. 

“We want to thank our customers for their patience and support and assure them that CN is preparing to resume full rail operations as soon as possible,” said CN CEO JJ Ruest said in a statement.

CN conductors, transpersons and yard workers went on strike on Nov. 19. The strike has hit supply chains across Canada, bringing trade disruptions, goods shortages and layoffs. 

Canadian National’s stock plunged after the strike began on Nov. 19.

The tentative agreement must be approved by Teamsters’ members. 

Details of the agreement have not been disclosed. But the CN workers have pushed for changes in working conditions, citing safety concerns, in addition to better benefits. 

“I would like to thank our members for their incredible courage and solidarity,” said Teamsters Canada President François Laporte said in a statement.

The agreement followed the release of a recording that the Teamsters said was an exchange between a CN supervisor and a conductor, in a dispute over the continued operation of a train despite the crew reporting fatigue.  

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Nate Tabak, Canada Correspondent

Nate Tabak is a Toronto-based journalist who covers Canada for FreightWaves. He spent seven years as an investigative reporter, producer and editor based in Kosovo. He previously worked at newspapers in the San Francisco Bay Area, including the San Jose Mercury News. He graduated from UC Berkeley.

One Comment

  1. La sécurité des travailleurs au cœur du conflit
    TVA Nouvelles
    | Publié le 25 novembre 2019 à 21:20

    4 minutes 20 seconds

    François Laporte the Canadian Teamsters president delivers an explicit message in French on national TV .

    Among other points he stated (at 2minutes 5 seconds) that “the Union” made an offer to the employer(CN) on November 24th and CN counter offered approximately 2 hours before the TVA broadcast on November 25th . Today November 26th it has been reported that they both came to a “tentative” agreement . It should take approximately 8 weeks before the public will know if the Union members have accepted it or renegotiate .

    At least for the time being the current “crisis” has curtailed .

    In my humble opinion ………….

    Cover “Imagine” by Chris Kläfford’s AGT 2019 , 2 minutes 4 seconds

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