MONTREAL, May 10, 2010 — CN (TSX: CNR) (NYSE:CNI) and the Teamsters Canada Rail Conference/Rail Canada Traffic Controllers (TCRC/RCTC) are pleased to announce today that TCRC/RCTC members have ratified a new three-year labour agreement with the company. The union represents approximately 200 Rail Traffic Controllers at CN across Canada.
The contract, retroactive to Jan. 1, 2009, provides for wage increases of 1.8 per cent for 2009, 2.4 per cent for 2010 and 2.6 per cent for 2011, as well as dental plan benefit improvements that come into effect on June 1, 2010.
CN – Canadian National Railway Company and its operating railway subsidiaries – spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, St. Louis, and Jackson, Miss., with connections to all points in North America. For more information on CN, visit the company’s website at www.cn.ca.