Canada’s federal authorities moved shortly 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 that he would ship the events to remaining binding arbitration and directed each railroads to renew operations as quickly as potential.
Canadian Nationwide Railway (CN) and Canadian Pacific Kansas Metropolis (CPKC) shut down almost 9,300 employees simply after midnight Thursday after failing to achieve an settlement with the Teamsters union.
About 75% of Canada’s exports to the US are transported primarily by rail. A protracted dispute might disrupt shipments of a variety of commodities, from grains and pulses to potash, coal and timber.