Canadian National ‘in recovery mode’ after strike
CN CEO said railway is focusing on safety as it resumes normal operations after eight-day strike that rippled across Canada’s rail supply chain.
CN CEO said railway is focusing on safety as it resumes normal operations after eight-day strike that rippled across Canada’s rail supply chain.
Normal rail service to resume on Nov. 27, ending a week-long strike that has shaken Canada’s supply chain.
Federal Minister of Agriculture suggests government would consider back-to-work legislation or binding arbitration for striking Teamsters members as disruption brings 37% in drop in Canadian National revenue ton-miles and worsening supply-chain conditions across the country.
The bill introduced by Sen. Dick Durbin (D-Illinois) would allow Amtrak to sue freight railroads for not giving Amtrak preference on freight rail-owned track.
Rail executives discussed short-term strategies for growing rail volumes amid expectations that volumes won’t pick up until well into 2020.
Federal Emergency Management Agency’s advisory board recommends a pilot of the blockchain-based registry to ultimately improve claim processes and disaster responses.
Transport Minister Marc Garneau insists that a deal between Candian National and Teamsters offers the best way to get trains moving again as walkout by 3,200 workers hits Canada’s supply chain and threatens the economy.
The strike, coupled with and trade uncertainty, could hit businesses hard, groups say.
The railway is confident that the momentum to deploy technology initiatives will continue.
Ferrero USA, best known for being the maker of Nutella and Tic Tac, will deploy FourKites’ predictive supply chain technology for greater insight into its freight movements. Also, Canadian National workers strike and a Montana truck driver’s employer gives him a gift of a lifetime.
Federal minister urges Canadian National and Teamsters to reach agreement as walkout by 3,200 conductors, transpersons and yard workers continues.
Talks have been ongoing for seven months. Staffing levels appear to be a key issue.
The railway cited challenging economic headwinds and could release up to 1,600 employees.
Railway rebounds after slow start in August and September.
Ontario Trucking Association lauds crackdown by province’s workers’ compensation agency on companies that skirt payroll deductions by misclassifying drivers. But the OTA calls on Canada’s federal government to do more.
Canadian province will allow producers to exceed limits exclusively for rail shipments to meet higher demand.
Freight railroads need push to ensure Amtrak’s trains are on time, Durbin says.
The Teamsters Canada Rail Conference could go on strike as early as Nov. 19 should talks deteriorate with Canadian National.
Despite lowering its operating ratio, the railroad tempers its 2019 outlook.
Now Goldman thinks that ISM data won’t turn positive until Q2 2020.