​Canadian Freight Rail Shuts Down As Labor Talks Collapse: Strike Declared, “Members Head To Picket Lines” – Tyler Durden

Canadian Freight Rail Shuts Down As Labor Talks Collapse: Strike Declared, “Members Head To Picket Lines” An unprecedented rail stoppage is underway after Canada’s largest railroads, Canadian National and Canadian Pacific Kansas City, locked out more than 9,000 union rail employees at 12:01 a.m. Eastern Time on Thursday. Simultaneously, the union declared a strike, escalating fears that this rail disruption could wreak havoc across North America’s complex supply chains.  “Canadian National has formally locked out employees represented by the Teamsters Canada Rail Conference (TCRC) as of Aug. 22 at 00:01 ET, after the union did not respond to another offer by CN…  — Continue at ZeroHedge News : Read More