BBG: German union prefers CVC as Schenker buyer to save jobs
BLOOMBERG reports: Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private ...
Rail capacity in Canada has shrunk at a critical time as Canadian Pacific Railways (CP) moved on Sunday to shut down its network over the current contract dispute with labour.
Members of the Teamsters Canada Rail Conference (TCRC), which represents some 3,000 CP employees, went on strike on Saturday night after the company announced a shut-out.
Contract negotiations between the Teamsters and CP management failed to reach agreement over worker benefits, and according to the company, one of the sticking points was ...
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