In late August, Canadian Pacific CEO Keith Creel anticipates a rail strike due to far-apart labor negotiations with Teamsters Canada Rail Conference, which could halt CPKC operations and disrupt the rail transport industry.
Canadian Pacific CEO Keith Creel expects a rail strike to occur in late August, as ongoing labor negotiations between the company and the Teamsters Canada Rail Conference remain far apart. The strike could halt operations at Canadian Pacific Kansas City Ltd. and impact the rail transport industry. The situation has prompted a cautious outlook for the near term, with potential disruptions already impacting operations.
July 30, 2024
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