Possible work stoppage at Canada's two largest railroads could disrupt US supply chain
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Canada's two largest railroads, Canadian Pacific Kansas City (CPKC) and Canadian National, are shutting down shipping networks due to a labor dispute with the Teamsters union; potential lockouts or strikes could disrupt cross-border trade with the U.S.; CPKC will stop all shipments starting August 20, 2024; Canadian National has barred container imports from U.S. railroads; both railroads handle about 40,000 carloads of freight daily, valued at $1 billion; negotiations have been ongoing since November 2023, with contracts expired at the end of 2023; union demands focus on crew scheduling, rail safety, and worker fatigue; CPKC spokesman Patrick Waldron emphasizes commitment to avoid a work stoppage; analyst Jeff Windau warns of significant supply chain issues if stoppages last longer than a few days.
#Railroads #LaborDispute #Teamsters #SupplyChain #Canada #Us #Shipping #Negotiations #Lockout #Freight
https://thenationaldesk.com/news/americas-news-now/possible-work-stoppage-at-canadas-two-largest-railroads-could-disrupt-us-supply-chain
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2024-08-19 00:04:22
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npub1jv9qnnr4yvz5rvmm5xrepzy6zhy2dv9kaajd54fdsq8lxkrcnv4q8jr5m0Published at
2024-08-19 00:04:22Event JSON
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"content": "Possible work stoppage at Canada's two largest railroads could disrupt US supply chain\n==========\n\nCanada's two largest railroads, Canadian Pacific Kansas City (CPKC) and Canadian National, are shutting down shipping networks due to a labor dispute with the Teamsters union; potential lockouts or strikes could disrupt cross-border trade with the U.S.; CPKC will stop all shipments starting August 20, 2024; Canadian National has barred container imports from U.S. railroads; both railroads handle about 40,000 carloads of freight daily, valued at $1 billion; negotiations have been ongoing since November 2023, with contracts expired at the end of 2023; union demands focus on crew scheduling, rail safety, and worker fatigue; CPKC spokesman Patrick Waldron emphasizes commitment to avoid a work stoppage; analyst Jeff Windau warns of significant supply chain issues if stoppages last longer than a few days.\n\n#Railroads #LaborDispute #Teamsters #SupplyChain #Canada #Us #Shipping #Negotiations #Lockout #Freight\n\nhttps://thenationaldesk.com/news/americas-news-now/possible-work-stoppage-at-canadas-two-largest-railroads-could-disrupt-us-supply-chain",
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