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

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Canada أخبار

Fertilizer Industry,CANADIAN MANUFACTURERS AND EXPORTERS,Manufactured Goods

The unprecedented simultaneous work stoppage will affect not only the flow of goods in Canada, but across North America as the rail networks for both...

- 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.

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