Article

2024-08-22 Economy

Canadian Rail Strike Cuts US in Half - Twice!

[Yahoo Finance] Services have ground to a halt after a midnight (EST) deadline passed without agreement between rail companies Canadian National Railway Co. and Canadian Pacific Kansas City and union officials over working conditions. Engineering and conducting staff have been locked out.

According to the Railway Association of Canada, some C$380bn (US$279.7m) of goods are moved on the country’s railways each year, ranging from cars to agri commodities and frozen foods.

He said supply chains had already seen disruption as the deadline neared. "I do believe that it will be relatively short term but when you think we've pretty much been on strike for a week. They’ve stopped shipping stuff. By the time you get things up and running, it’s another week. It’s going to take six weeks to get the supply chain back into normalcy.
Anybody think about the impact on the US economy? One Canadian route runs from Fargo thru Chicago to Mexico City and the other from Minneapolis to New Orleans.

Asked when the impact of the stoppage may start to be seen on store shelves or on menus, Graydon suggested "probably two weeks". He added: "The other challenge is this is getting a lot of media in Canada right now and so what you end up with — very similar to what happened during Covid — is you get consumer hoarding and so the inventory strain is quite significant.
Mayor Pete will get right on it, now that he's finished speechifying at the DNC last night about the evils of JD Vance's approach to family matters.

Posted by Bobby 2024-08-22 09:44|| || Front Page|| [11133 views ] Top
File under: Commies

#1 The media has not remembered the effects on US railroads. Any freight car going to or coming from a destination n a Canadian RR is dead in the water. Embargoed.

Many of the rail crossings will be unaffected, but some crossings of US/Canadian railroads are controlled by the Canadian road. If a highway crossing gate sticks down on a Canadian RR in the US, you may wait quite a while to get it 'unstuck'. The Illinois Central - Main Line of Mid-America, is now owned by Canadian National.

Posted by Bobby 2024-08-22 11:21|| 2024-08-22 11:21|| Front Page Top

#2 But think of all the CO2 that will be saved with the trains not running!
/sarcasm

Posted by Rambler in Virginia 2024-08-22 11:47|| 2024-08-22 11:47|| Front Page Top

#3 Canadian railway employee salaries are already the highest in Canada at up to $300,000.00/year. This is normally called a train robbery.

Posted by Glavinter Peacock7962 2024-08-22 12:23|| 2024-08-22 12:23|| Front Page Top

#4 And they are stopping a supply of oil too! Time to declare war on Canada!

Posted by DarthVader 2024-08-22 12:47|| 2024-08-22 12:47|| Front Page Top

#5 ...now if they had completed that pipeline...

BTW, who's fault is that?

Posted by Procopius2k 2024-08-22 13:03|| 2024-08-22 13:03|| Front Page Top

#6 a lot of bath tissue used in the USA is made in Canada

don't know how much is by rail
probably it can be delivered by truck

the shippers are well aware of the urgency with which this product is needed

Posted by Lord Garth 2024-08-22 13:19|| 2024-08-22 13:19|| Front Page Top

#7 A lot of ship-based imports that used to come in via CA ports shifted to BC due to cost and delays to dock. So US-bound goods is now stuck before it even could hit the rails; expect Vancouver and Port Rupert to be jammed soon if not already.

Posted by USN, Ret. 2024-08-22 19:53|| 2024-08-22 19:53|| Front Page Top

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