Canadian National rail strike over
Source: The Journal of Commerce On-line
March 20, 2004
The 5,000 striking workers at Canadian
National Railway Co. have ratified the company's latest contract
offer and agreed to end a four-week strike, their union said
on Friday.
The mechanics, sales clerks and container yard employees, accounting
for almost one quarter of CN's workforce, voted by wide margins
to accept the offer, the Canadian Auto Workers union said in
a statement.
The strike, which began Feb. 20, would end immediately, the
union said. Employees will return to work Saturday.
The three-year agreement provides wage increases of 3 percent
a year, improved pensions and a signing bonus of C$1,000 (US$750).
Union members, on strike since Feb. 20, rejected an earlier
proposal by the railroad that called for identical pay hikes.
CN, based in Montreal, also agreed to a key union demand to
roll back a controversial disciplinary system to pre-2001 standards.
The strike had slowed intermodal and wheat export shipment as
shippers scrambled for a shrinking supply of available railcars
or shifted to trucks.



