CN, TCRC to resume negotiations after tentative agreements aren't ratified

CN on Friday announced members of the Teamsters Canada Rail Conference-Conductors, Trainpersons and Yardpersons (TCRC-CTY) didn't ratify tentative labor agreements that the parties negotiated in October 2013.

Now, the union — which represents about 3,000 CN conductors, trainpersons, yard workers and traffic coordinators in Canada — could issue a 72-hour strike notice to CN and/or the railroad could serve a 72-hour lockout notice to TCRC-CTY. However, both parties have expressed a desire to return to the bargaining table.

"We have agreed to meet with the TCRC-CTY leaders [this] week to review the ratification results and discuss solutions on how we move forward from here," said Jim Vena, CN's executive vice president and chief operating officer, in a press release.