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Stake in Canadian Pacific Railway CP. Shippers brace for possible CP Rail strike latest supply-chain disruption.
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Shippers brace for possible CP Rail strike latest supply chain disruption March 15 2022 700 AM Reuters 0 Comments Thousands of workers at Canadas second-biggest railway Canadian Pacific Railway Ltd have threatened to strike starting Wednesday potentially disrupting the movement of grain potash and coal at a time of soaring.
. Their concerns come a day after Calgary-based CP Rail issued a 72-hour notice to the Teamsters Canada Rail Conference of its plan to lock out almost 3000 employees on Sunday if the union and the. Activist investor Bill Ackman has revealed a new 12 billion US. A labour dispute at CP Rail is threatening to further cripple the flow of goods at a time when supply chains are already strained due to the COVID-19 pandemic and Russias invasion in Ukraine.
Ackmans new stake in CP Rail comes a decade after he replaced the railroads board. Thousands of workers at Canadas second-biggest railway Canadian Pacific Railway Ltd have.
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