stoppage
(Reuters) – Canada’s freight rail transport could come to a grinding halt as the country’s two biggest railroad operators plan an unprecedented, simultaneous work stoppage following deadlocked talks over labor contracts. Both Canadian National Railway (TSX:) and Canadian Pacific (NYSE:) Kansas City will lock out workers on Thursday if last-minute…
By Anna Mehler Paperny and Nivedita Balu TORONTO (Reuters) – As Canada braced for a freight rail stoppage that could hit industries ranging from autos to agriculture, the trucking sector said it faced higher demand it could not meet. Unless labor agreements are reached, Canadian National Railway (TSX:) and Canadian…
By Tom Polansek and Promit Mukherjee CHICAGO/OTTAWA (Reuters) – A looming stoppage of freight railway operations across Canada would disrupt North America’s agricultural supply chain, snarling shipments of everything from wheat to fertilizer and meat. Unless last-minute labor agreements are reached, both Canadian National Railway (TSX:) and Canadian Pacific (NYSE:)…
OTTAWA (Reuters) – Canada is facing unprecedented simultaneous stoppages at both of its main freight rail operators which could inflict billions of dollars worth of economic damage. The two rail operators, Canadian National Railway (TSX:) and Canadian Pacific (NYSE:) Kansas City, are holding separate talks with the Teamsters’ union, which…
By David Ljunggren OTTAWA (Reuters) – For the first time, Canada’s two main railway companies – Canadian National Railway (TSX:) and Canadian Pacific (NYSE:) Kansas City – are on the verge of a simultaneous labor stoppage that could inflict billions of dollars’ worth of economic damage. WHY ARE BOTH COMPANIES…
