Canada’s federal authorities moved rapidly to finish a labor dispute that simply shut down two of the nation’s largest railways and threatened provide chains throughout North America.
Labor Secretary Steve McKinnon introduced he would ship the events to ultimate binding arbitration and directed each railroads to renew operations as quickly as doable.
Canadian Nationwide Railway (CN) and Canadian Pacific Kansas Metropolis (CPKC) shut down almost 9,300 employees simply after midnight Thursday after failing to succeed in an settlement with the Teamsters union.
About 75% of Canada’s exports to the USA are primarily transported by rail. A protracted dispute may disrupt shipments of a variety of commodities, from grains and pulses to potash, coal and timber.
