Cargo chaos looms as strikes threaten Canada's ports and rail networks
Strike action has threatened to erupt at both Canada’s ports and rail networks, leaving the ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
SEEKING ALPHA reports:
– Earlier Sunday, Canadian Pacific (CP) locked out 3,000 employees over a labor dispute, the Company is the 2nd largest rail business in Canada, with service extending as far south as Kansas City.
– Last week, Nutrien (NTR) warned that it would need to reduce potash production if the shutdown were to last more than a few days; the statement came as fertilizer prices in the US hit record levels.
– Intermodal transport accounted for ~40% of Canadian Pacific (CP) carloads year to date, followed by grain (13%), energy (12%), coal (11%), and potash (5%).
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