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Economy |
Canadian Rail Strike Cuts US in Half - Twice! |
2024-08-22 |
[Yahoo Finance] Services have ground to a halt after a midnight (EST) deadline passed without agreement between rail companies Canadian National Railway Co. and Canadian Pacific Kansas City and union officials over working conditions. Engineering and conducting staff have been locked out. According to the Railway Association of Canada, some C$380bn (US$279.7m) of goods are moved on the country’s railways each year, ranging from cars to agri commodities and frozen foods. He said supply chains had already seen disruption as the deadline neared. "I do believe that it will be relatively short term but when you think we've pretty much been on strike for a week. They’ve stopped shipping stuff. By the time you get things up and running, it’s another week. It’s going to take six weeks to get the supply chain back into normalcy. Anybody think about the impact on the US economy? One Canadian route runs from Fargo thru Chicago to Mexico City and the other from Minneapolis to New Orleans. ![]() Mayor Pete will get right on it, now that he's finished speechifying at the DNC last night about the evils of JD Vance's approach to family matters. |
Posted by:Bobby |
#7 A lot of ship-based imports that used to come in via CA ports shifted to BC due to cost and delays to dock. So US-bound goods is now stuck before it even could hit the rails; expect Vancouver and Port Rupert to be jammed soon if not already. |
Posted by: USN, Ret. 2024-08-22 19:53 |
#6 a lot of bath tissue used in the USA is made in Canada don't know how much is by rail probably it can be delivered by truck the shippers are well aware of the urgency with which this product is needed |
Posted by: Lord Garth 2024-08-22 13:19 |
#5 ...now if they had completed that pipeline... BTW, who's fault is that? |
Posted by: Procopius2k 2024-08-22 13:03 |
#4 And they are stopping a supply of oil too! Time to declare war on Canada! |
Posted by: DarthVader 2024-08-22 12:47 |
#3 Canadian railway employee salaries are already the highest in Canada at up to $300,000.00/year. This is normally called a train robbery. |
Posted by: Glavinter Peacock7962 2024-08-22 12:23 |
#2 But think of all the CO2 that will be saved with the trains not running! /sarcasm |
Posted by: Rambler in Virginia 2024-08-22 11:47 |
#1 The media has not remembered the effects on US railroads. Any freight car going to or coming from a destination n a Canadian RR is dead in the water. Embargoed.![]() |
Posted by: Bobby 2024-08-22 11:21 |