Canadian rail lockout leaves billions in U.S. trade stranded, with economic impact to grow day by day
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Over 9,000 rail union workers locked out by Canadian National Railway and Canadian Pacific Kansas City; billions in U.S.-bound trade stranded during peak shipping season; 20% of U.S. trade arrives via Canadian ports; 66% of cargo at Port of Vancouver moved by rail; U.S.-Canada bilateral trade totaled $382.4 billion in H1 2024; $572 million in container trade arrives daily from Canada; 30% of clothing and accessories transported by rail; disruptions could lead to higher trucking rates; Teamsters Canada union president Francois Laporte calls for negotiations; Canadian National claims good faith negotiations; Canadian Pacific offers binding arbitration; economic impact increases with duration of disruption; $28.5 billion in U.S. chemical exports to Canada in 2023; Canadian railways transport $277 billion worth of goods annually; previous strikes caused significant trade disruptions.

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https://www.cnbc.com/2024/08/22/canadian-rail-lockout-leaves-billions-in-us-trade-stranded.html