CN CEO JJ Ruest says he is ”pleased to have reached the agreement,” which boosts wages and benefits and is retroactive to July 23, 2019. MONTREAL, May 23, 2018 (GLOBE NEWSWIRE) — CN (TSX:CNR) (NYSE:CNI) today announced that the company`s 1,800 locomotive engineers in Canada have successfully ratified a new collective agreement. The union says the agreement improves worker safety and exhaustion, but Teamsters Canada President François Laporte says that ”the central problem of fatigue in the rail industry can only be solved by government regulation.” CN is a true backbone of the economy, with a team of approximately 25,000 railway workers transporting more than $250 billion in goods each year for a wide range of activities, from commodities and industrial products to consumer goods to a rail network of approximately 20,000 miles of roads that spans Canada and Central America. CN – Canadian National Railway Company, with their operating railway subsidiaries – served the cities and ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans and Mobile, Ala, and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth, Minn./Superior, Wis., and Jackson, Miss, with connections with all points in North America. For more information about CN, please visit the company`s website at www.cn.ca. ”This new contract demonstrates THAT CN is committed to working with our employees and TCRC to address employment issues in a respectful and mutually beneficial manner,” said Mike Cory, CN`s Executive Vice President and Chief Operating Officer. ”CN is very pleased that we have extended collective agreements with the TCRC, without affecting the service we provide to our customers and the North American economy.” CN recognizes the support of Peter Simpson, head of the federal mediation and conciliation service, and his collaborators during collective bargaining. The new contract follows an agreement in principle reached at the end of November, which ended an eight-day strike that nearly brought the railways to a standstill. The five-year contract with teamsters Canada Rail Conference (TCRC), which runs until December 31, 2022, provides for an improvement in salaries and performance in each year of the agreement, in accordance with similar contracts in the sector, and changes work rules that were important to both THE NC and engineers.