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Thursday, February 6, 2025
Logistics

CN, IBEW reach tentative agreement, avoid strike

Canadian National and the International Brotherhood of Electrical Workers of Canada have reached a tentative agreement on a new four-year contract, averting a strike that was slated to begin Tuesday.

The union represents approximately 750 signals and communications employees across Canada. They have been working without a contract since Dec. 31, 2024.

Montreal-based CN (NYSE: CNI) said in a release that terms of the agreement would not be disclosed until the contract is ratified.

The union had issued a 72-hour strike notice last weekend. The sides had begun negotiations on Sept. 24, 2024.

A work stoppage would have threatened more than a third of CN’s revenue tied to U.S. trade.

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The post CN, IBEW reach tentative agreement, avoid strike appeared first on FreightWaves.

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