CP Shutdown

[buzz456]

Anyone heard any late news on this?
A labor dispute has Canadian shippers facing disruptions as soon as this weekend. Canadian Pacific Railway says it will lock out employees Sunday if it can’t get a new contract or an agreement for binding arbitration with Teamster-represented workers. The WSJ’s Jacquie McNish writes an impasse would strand large volumes of manufacturing and consumer goods, and potentially stall shipments of potash ahead of the spring planting season. Canadian Pacific is a major carrier of the fertilizer and demand for the commodity has grown significantly since Western sanctions blocked supplies from Russia and Belarus. The farm sector could use some stability. Grain shipments carried by Canadian railroads are down by more than a quarter so far this year, according to the Association of American Railroads. A deadlock would also end a period of relative labor stability in North America even as broader events have roiled global supply chains.
From Saturday WSJ

[EngineerJohn]

I saw the headlines during the week but didn't read into all of the details. Interesting to point those out.

The logistics sector as a whole is in shambles. In my line of work some of our customers need product increasingly quickly and twist our arms over it but we have to tell them the raw materials to make their product won't be in our docks for weeks longer than you would otherwise expect going back a few years.

Things have to get worse before they get better in my view.

[buzz456]

"Things have to get worse before they get better in my view."
They don't have to we just need someone to get off their butt kick a few rear ends and not be afraid to offend anyone. This is mostly a self inflicted wound and just needs to get fixed. It's all fairly easily fixable just needs some focus, you know like find some problem solvers instead of a bunch of political weasels.

[buzz456]

Canadian Pacific Railway Ltd. CP 0.56% and the union representing its conductors and engineers agreed to shift stalled contract negotiations to binding arbitration, freeing the railway to resume freight shipments after a two-day work stoppage.