CN Formally Offers Binding Arbitration to TCRC
CNICanadian National Railway pany(CNI) Newsfilter·2024-06-07 00:15

MONTREAL, June 06, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced that earlier this week, it had formally offered the Teamsters Canada Rail Conference (TCRC) to enter into binding arbitration. This process has a mutually agreed upon independent arbitrator settle the labour dispute by evaluating the demands of each side and deciding on the terms of the new collective agreement. The TCRC has rejected all offers put to them and has now rejected a voluntary arbitration process. Background on C ...