Canadian National and the International Brotherhood of Electrical Workers of Canada have reached a tentative agreement on a new four-year contract, averting a strike that was slated to begin Tuesday.
The union represents approximately 750 signals and communications employees across Canada. They have been working without a contract since Dec. 31, 2024.
Montreal-based CN (NYSE: CNI) said in a release that terms of the agreement would not be disclosed until the contract is ratified.
The union had issued a 72-hour strike notice last weekend. The sides had begun negotiations on Sept. 24, 2024.
A work stoppage would have threatened more than a third of CN’s revenue tied to U.S. trade.
Related coverage:
CSX, NS tab Begeman, Ryerkerk as new board members
Railcar builder GATX profit up on fleet utilization, lease renewal rates
Freight Fraud Symposium
Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.
Supply Chain AI Symposium
Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.
Future of Rail Symposium
Reshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.
Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.
Rock & Roll Hall of Fame • Cleveland, OH Register NowPast the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.
The Old Post Office • Chicago, IL Register NowReshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now