Business Brief: Coastal labour strife crunches supply chains

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 50 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 68%
  • Publisher: 66%

Newsletter Nieuws

Noastack,Newnewsletter,Cent

Also in today’s edition: Let’s dig a giant tunnel

Strikes at airlines and railways are out. Strikes at key ports of trade are in. Today, we look at how labour pains across North America are squeezing supply chains and running headlong into already damaging tariff wars. But first:Ships are being forced to stay at anchor after a strike at six Vancouver grain terminals created bottlenecks in the supply chain from the Prairies to the West Coast,

The potential closing of 36 ports covering the East and Gulf coasts, including five of North America’s 10 busiest ports, comes as the world is already grappling to move goods along in the wake of the pandemic. “While I doubt it would be enough to rekindle inflation in goods, it could aggravate a slowdown in manufacturing activity that we are seeing in many key economies, which could in turn affect Canadian plants.”

But Slack said it wouldn’t be possible for Halifax to handle anywhere close to the amount of traffic that typically lands at U.S. ports. “There is also the questions of whether Halifax longshoremen would handle ‘hot’ traffic,” he said. Wednesday’s vote isn’t likely to calm global executives who have taken notice of Canada’s railway saga. Jeremy Nixon, chief executive of Japanese shipping company Ocean Network Express, cited the “risk of a rail strike sometime in October and November” as a reason for caution over sending vessels to Halifax and Montreal.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 31. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Business Brief: At TD, a new CEO faces a tall orderAlso in today’s edition: How Canada’s middle class got shafted
Bron: globebusiness - 🏆 31. / 66 Lees verder »

Business Brief: The growing mess at Eagle mineAlso in today’s edition: A week of reports will paint a picture of the world‘s economic health
Bron: globebusiness - 🏆 31. / 66 Lees verder »

Business Brief: Why Apple’s new iPhone actually mattersAlso in today’s edition: A look at the week ahead
Bron: globeandmail - 🏆 5. / 92 Lees verder »

Business Brief: An electrifying future for a storied steel companyAlso in today’s edition: A new member of the $1-trillion club
Bron: globeandmail - 🏆 5. / 92 Lees verder »

Business Brief: Canada’s growing fights with China, the U.S. and itselfAlso in today’s edition: What’s in store for Couche-Tard? And Campbell Soup drops the “Soup”
Bron: globeandmail - 🏆 5. / 92 Lees verder »

Business Brief: Couche-Tard reports amid 7-Eleven takeover bidAlso in today’s edition: Expectations of another interest-rate cut
Bron: globeandmail - 🏆 5. / 92 Lees verder »