Industry groups and companies fret ahead of a Canada-wide freight rail stoppage

- Several North American industries could be forced to shut down some capacity, temporarily lay off workers, and shift transport to trucks if Canada's two main freight rail operators proceed with plans to lock out union workers in Canada this Thursday.

"About C$531 million worth of manufactured goods stranded on the lines each day. It is an incredibly large amount and it will lead to potential layoffs, or shutdowns, or turning down plants, leading to penalties and additional costs to exporters.""Disruptions impacting all rail services across the country will cost the fertilizer industry an estimated C$55-C$63 million per day in lost sales revenue, not including logistical and operational costs.

LOS ANGELES — Listening to Irish post-punk band Fontaines D.C.’s latest album feels a lot like watching a movie about a complicated, sometimes painful, love story — albeit one with an edgy flair à la “Sid and Nancy.” Aftermarket for Motorcycle Full Exhaust Systems Market Strategic Business Report 2024: A $5.3 Billion Market by 2030, Growing at a CAGR of 6.3% from 2023 to 2030

PLANO, Texas, August 20, 2024--Tyler Technologies was named to Newsweek’s "America’s Greatest Workplaces for Parents and Families 2024" list.We recently published a list of Jim Cramer’s Latest Calls: Top 10 Stocks. Since NVIDIA Corp ranks 1st on the list, it deserves a deeper look. Jim Cramer in a latest program said that if companies would “own up” to the changing circumstances, things would be “so much easier” for them as well as investors.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fertilizer Canada says rail stoppage to cost industry up to $63 million a day(Reuters) -Fertilizer Canada warned on Tuesday disruptions impacting all rail services across the country will cost the fertilizer industry an estimated $55 ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Fertilizer Canada says rail stoppage will cost industry $55 million to $63 million per dayFertilizer Canada warned on Tuesday disruptions impacting all rail services across the country will cost the fertilizer industry an estimated $55 million to ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

It’s about time Canada’s lagging counterdrone industry gets a revampIn order to be a technologically advanced fighting force, the DND and CAF must double down on efforts to match the pace of drone proliferation
Source: globebusiness - 🏆 31. / 66 Read more »

Industry and shippers brace for Canada rail stoppage, fear 'catastrophe'North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of Canada's main railway companies that could...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

B.C. author writes his prescription for Canada's media industryIs Canada’s news media in trouble?
Source: TerraceStandard - 🏆 24. / 68 Read more »

Airline 'cost and quality' concerns prompt probe of industry in CanadaThe Competition Bureau says it is launching its market study of domestic airline service as concerns around prices and quality persist.
Source: CTVNews - 🏆 1. / 99 Read more »