Mon. 19 Aug 2024, 2:40am ET
Benzinga
News
- CN issued notice to the Teamsters Canada Rail Conference (TCRC) formally advising them of its intention to lockout Canadian TCRC-represented employees on Aug. 22 at 00:01 ET unless an agreement or binding arbitration is achieved before that time.
- Despite negotiations over the weekend, no meaningful progress has occurred, and the parties remain very far apart.
- Unless there is an immediate and definite resolution to the labour conflict, CN will have no choice but to continue the phased and progressive shutdown of its network which would culminate in a lockout.