Ground Freight & Logistics

The following are the leading stories in the Wall Street Journal. Reuters has not confirmed these stories and does not attest their precision. - Skydance Media has implicated Paramount special committee of directors of breaching the terms of its offer by extending the duration when it can engage with other bidders for the company and has demanded the company to stop negotiating with Edgar Bronfman Jr. - Canada ordered an end to a work interruption at the nation's. two primary railroads, Canadian National Railway and. Canadian Pacific Kansas City, stating an arbitrator would. fix disputes in between the companies and...

Canada's economy might diminish by billions of dollars this year if a rail stoppage that started on Thursday continues for weeks, and the knockon results would swell unemployed numbers and customer costs, economic experts and analysts alerted. However, the financial impact could be very little if the stoppage lasts less than a week, they said. Canada's 2 greatest freight rail operators Canadian National Train and Canadian Pacific Kansas City locked out employees affiliated with the Teamsters union on Thursday, after both business and the union failed to conclude labor deals. If you have a blockage that is extended, that drags...

Rio Tinto anticipates the labor conflict in between Canada's 2 most significant railway companies and their employees to affect its capability to get basic materials at a number of sites throughout Canada and ship items to customers in North America, the miner informed Reuters on Thursday. A Rio Tinto representative added that the business has contingency strategies to minimize the effect, such as trucking particular materials and items and increasing use of its own rail network. Canada's leading 2 railroads, Canadian National Train and Canadian Pacific Kansas City locked out more than 9,000 unionized workers on Thursday, triggering an unmatched...

Canada is seeing an extraordinary simultaneous blockage at its two primary freight rail operators that might cause billions of dollars worth of financial damage. The two rail operators, Canadian National Railway and Canadian Pacific Kansas City, are holding different talks with the Teamsters' union, which represents more than 9,000 employees including locomotive engineers, conductors, train and backyard employees and rail traffic controllers. The companies locked out workers on Thursday after stopping working to reach a labor deal. Here are a couple of crucial facts about the two rail operators: HISTORICAL BACKGROUND CN Rail's history dates back to the 1830s, however...

For the first time, Canada's. two primary railway business Canadian National Railway. and Canadian Pacific Kansas City are seeing a. synchronised labor blockage that might cause billions of. dollars' worth of economic damage. WHY HAVE OPERATIONS AT BOTH BUSINESS STOPPED? Contract talks in between the Teamsters union and the business. typically take place a year apart, however in 2022, after the federal. federal government presented new guidelines on fatigue, CN requested a. year-long extension to its existing deal instead of work out a. brand-new one. This suggested both companies' labor agreements expired at the. end of 2023 and talks have...

The following are the top stories on the New York Times organization pages. Reuters has actually not confirmed these stories and does not vouch for their precision. - Rail freight traffic in Canada came to a standstill early Thursday as the country's two main rail business, Canadian National and Canadian Pacific Kansas City, locked out about 10,000 employees due to a labor disagreement, a move that could trigger supply chain disturbances in the United States and serious economic repercussions within Canada. - Ford Motor said on Wednesday that it is once again slowing the rate of its investments on brand-new...

Canada's two main freight rail business are set to lock out around 10,000 of their Canadian unionized workers on Thursday at 12:01 a.m. ET (0401. GMT), starting an unprecedented synchronised work interruption that. would grind practically all railway freight movement in the nation. to a halt. HOW INTEGRATED ARE THE RAIL NETWORKS THROUGHOUT NORTH AMERICA? Canadian National Train Co and Canadian Pacific. Kansas City have said their rail networks south of the. border will continue to run, however market groups fear that a. work stoppage would have far-reaching impacts on the motion of. goods and commodities across The United States...

Maersk said on Tuesday it continues to accept bookings to and from Canada, withdrawing its statement from a. day ago that it would stop accepting some Canada-bound deliveries. ahead of a possible rail interruption. Canada's two main train business, Canadian National. Train and Canadian Pacific Kansas City, are. on the edge of a synchronised labor action by Teamsters union. members, amid continuous negotiations for a new labor agreement. We can verify that we continue to accept reservations to and. from Canada, consisting of ocean, rail, truck and air at this time,. a business spokesperson said, after it pulled back a...

U.S. railroad operator Union Pacific has warned that a possible rail strike in Canada will have ravaging consequences on the North American economy. More than 2,500 Union Pacific cars per day would stagnate across the border, CEO Jim Vena said in a letter to Canadian Labor Minister Steve MacKinnon on late Monday. A few of these impacts have actually currently begun, Vena stated. Railway operators Canadian Pacific Kansas City and Canadian National Railway are bracing for a work stoppage by Teamsters union members, which could begin as early as Thursday as speak with work out a brand-new labor agreement are...

U.S. freight forwarder C.H. Robinson stated on Monday it was diverting some of its U.S. clients' ocean freight away from Canadian ports as the threat of a rail strike looms. It stated roughly 80% of its consumers who had actually changed are now exporting through Los Angeles/Long Beach ports and the rest through Seattle/Tacoma ports. Canadian railroads, Canadian National and Canadian Pacific Kansas City, are bracing for a possible work blockage by the Teamsters Canada Rail Conference Union. Now that a strike notification has been declared, a few of our Canadian export consumers are beginning to deliver time-sensitive products to...

For the very first time, Canada's. 2 primary railway companies Canadian National Train. and Canadian Pacific Kansas City are on the edge of a. synchronised labor stoppage that could cause billions of. dollars' worth of economic damage. WHY ARE BOTH BUSINESS POISED TO STOP? Contract talks between the Teamsters union and the business. typically happen a year apart, but in 2022, after the federal. government introduced brand-new guidelines on tiredness, CN requested a. year-long extension to its existing offer rather than negotiate a. new one. This indicated both business' labor arrangements expired at the. end of 2023 and talks have...

Canada's 2 primary train companies and the Teamsters union must do the hard work needed to reach labor offers and avoid a full stoppage, federal Labour Minister Steve MacKinnon said on Monday. In a post on the X social network, MacKinnon stated Canadian National Train and Canadian Pacific Kansas City would shut down early on Aug 22 unless offers were reached. MacKinnon said the impacts of the talks would be borne by all Canadians. The parties should do the hard work required to reach contracts at the bargaining table and prevent a complete work stoppage, he stated. Canada relies greatly...