SA: Canadian Pacific & Norfolk Southern – top rail transportation stocks at Jefferies
SEEKING ALPHA reports: Jefferies initiated coverage on the Class 1 rail transportation sector on Monday. Analyst Stephanie ...
About 750 signals and communications workers at Canadian National Rail (CN) went on strike on Saturday, after the International Brotherhood of Electrical Workers and CN management failed to reach agreement in contract negotiations.
According to CN, the unresolved issues are primarily about wages and benefits.
Management has implemented a contingency plan, saying this would allow it to operate at a level of safe operations across its network as long as required, but the union has challenged that view.
The workers on strike maintain ...
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