Canadian National Railway Ltd. has reached a tentative contract agreement with the Teamsters union, representing 3,000 freight train conductors, ahead of a Tuesday morning strike deadline.
The deal, which must be ratified by union members after being finalized, means the Montreal-based railway will not face a strike that could have slowed rail traffic, clogged ports and damaged the Canadian economy.
Teamsters negotiators can now turn their attention to negotiations with Canada's other major freight railway, Canadian Pacific Railway Ltd.
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