Forwarders eyeing higher costs as China cuts subsidies for rail freight
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Image: Vancouver Fraser Port Authority
Canadian rail operators are placing their bets on government intervention to prevent a nationwide rail strike rather than negotiating, according to the union.
The Teamsters Canada Rail Conference (TCRC) union began bargaining earlier this month with rail operators Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) after the parties’ collective agreement expired on 31 December 2023.
The union has vowed to strike at the earliest opportunity, which could cause widespread chaos across North American supply chains.
A strike was set for 22 ...
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