CN Issues Lockout Notice to Teamsters

MONTREAL, Aug. 18, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has issued notice to the Teamsters Canada Rail Conference (TCRC) formally advising them of its intention to lockout Canadian TCRCrepresented 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 ...