tiprankstipranks
The Fly

Canadian National ends lockout, initiates recovery plan

Canadian National ends lockout, initiates recovery plan

Canadian National announced that effective 18:00 ET, it ended its lock out and immediately initiated its recovery plan. As CN awaits the formal order from the Canada Industrial Relations Board, the company is making this decision to expedite the recovery of the economy. While CN is satisfied that this labour conflict has ended and that it can get back to its role of powering the economy, the company said it is disappointed that a negotiated deal could not be achieved at the bargaining table despite its best efforts.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com