ILA doubles down on strike threat as shippers brace for port chaos
Bombastic ILA leader Harold Daggett doubled down on his uncompromising stance at the weekend, increasing ...
RXO: RIGHTS ISSUEGXO: DEFENSIVEMAERSK: MSC RIVALRY INTENSIFIESWTC: REMARKABLY STRONG BA: LABOUR DEALFDX: NEW PARTNERATSG: RIVAL IPODSV: 'AHEAD IN BIDDING FOR SCHENKER'DSV: UNLUCKY FRIDAYSMAERSK: WEAK AGAINWMT: NEW PARTNERSHIPXPO: HAMMEREDKNIN: LEGAL FIGHTF: UPDATEMAERSK: CROSS-BORDER BOOST
RXO: RIGHTS ISSUEGXO: DEFENSIVEMAERSK: MSC RIVALRY INTENSIFIESWTC: REMARKABLY STRONG BA: LABOUR DEALFDX: NEW PARTNERATSG: RIVAL IPODSV: 'AHEAD IN BIDDING FOR SCHENKER'DSV: UNLUCKY FRIDAYSMAERSK: WEAK AGAINWMT: NEW PARTNERSHIPXPO: HAMMEREDKNIN: LEGAL FIGHTF: UPDATEMAERSK: CROSS-BORDER BOOST
The Canadian National rail strike has come to an end one week after workers downed tools over pay and conditions. The Teamsters Canada Rail Conference Union said it had reached a tentative deal, a move that will quell fears of big hole in Canada’s GDP, which was expected to lose as much as C$2.2bn ($1.65bn) if the strike had lasted until Saturday, according to Bloomberg. CN carries about C$250bn-worth of goods annually. Its chief executive said it would “resume full rail operations as soon as possible”.
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