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財經新聞

US rails cancel embargoes after Canada work stoppage ends

UPDATE 1-US rails cancel embargoes after Canada work stoppage ends Adds details from BNSF, background throughout Aug 26 (Reuters) - U.S. railroads Norfolk Southern NSC.N and BNSF Railway on Monday said all embargoes associated with the potential Canadian work stoppage stand canceled and affected rail traffic has resumed, putting an end to an unprecedented service disruption in the movement of goods across the border.
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Canadian rail stoppage set to squeeze North American industries

FACTBOX-Canadian rail stoppage set to squeeze North American industries Recasts with lockout Aug 22 (Reuters) - Canada's freight rail transport could come to a grinding halt after the country's two biggest railroad operators announced an unprecedented, simultaneous work stoppage following deadlocked talks over labor contracts. Canadian National Railway CNR.TO and Canadian Pacific Kansas City CP.TO said they had locked out their workers and shut their networks in the country early on Thursday aft
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Canadian rail stoppage set to squeeze North American industries

FACTBOX-Canadian rail stoppage set to squeeze North American industries Adds comment from ratings agency Moody's in paragraph 4; farm impact details in paragraphs 18-19 Aug 21 (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.
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As Canada braces for rail stoppage, truckers scramble to meet demand

As Canada braces for rail stoppage, truckers scramble to meet demand Canadian National Railway and Canadian Pacific Kansas City plan to halt operations on Thursday Trucking sector sees increased demand it struggles to meet 85% of U.S.-Canada cross-border road freight handled by Canadian carriers Higher trucking demand leads to rising costs and longer lead times CN and CPKC begin phased network shutdowns By Anna Mehler Paperny and Nivedita Balu TORONTO, Aug 20 (Reuters) - As Canada braced for a f
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Union Pacific warns of 'devastating consequences' from Canada rail strike

Union Pacific warns of 'devastating consequences' from Canada rail strike By Ananta Agarwal Aug 20 (Reuters) - U.S. railroad operator Union Pacific has warned that a potential rail strike in Canada will have "devastating consequences" on the North American economy. More than 2,500 Union Pacific cars per day would not move across the border, CEO Jim Vena said in a letter to Canadian Labor Minister Steve MacKinnon on late Monday.
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