2024 Canada railroad shutdown
Appearance
This article documents a current event. Information may change rapidly as the event progresses, and initial news reports may be unreliable. The latest updates to this article may not reflect the most current information. (August 2024) |
2024 Canada railroad shutdown | |||
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Date | August 22, 2024 – present (0 days) | ||
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The 2024 Canada railroad shutdown is an ongoing freight railroad labor lockout. The shutdown began on August 22, 2024, when the Canadian National Railway Company and Canadian Pacific Kansas City failed to reach an agreement with the Teamsters Canada Rail Conference.[1]
Shutdown
[edit]Moody's Ratings estimated that the shutdown could cost the economy up to CA$341 million per day.[2]
References
[edit]- ^ Austen, Ian (August 21, 2024). "Labor Dispute Halts Rail Freight in Canada, Raising Supply Chain Concerns". The New York Times. Archived from the original on August 22, 2024. Retrieved August 21, 2024.
- ^ "Canada rail stoppage could cost C$341 mln per day, Moody's says". Reuters. August 21, 2024. Retrieved August 21, 2024.