12/3/2009

About 1,700 unionized locomotive engineers ended a five-day walkout Wednesday after Canadian National Railway Co. withdrew a proposed increase in the mileage engineers cover each month. The railroad now faces a recovery from both the strike, which interrupted shipments across Canada, and the economic downturn. "It may take a few years" before cargo shipments return to the peak levels of 2006 and 2007, said Claude Mongeau, who replaces retiring CEO Hunter Harrison as CEO on Jan. 1.

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