20:02:48 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Canadian Pacific Kansas City Ltd
Symbol CP
Shares Issued 931,258,863
Close 2023-06-30 C$ 107.00
Market Cap C$ 99,644,698,341
Recent Sedar Documents

Globe says CN, CPKC hear strike may crimp supply chain

2023-07-04 08:58 ET - In the News

See In the News (C-CNR) Canadian National Railway Company

The Globe and Mail reports in its Monday edition that a strike hitting ports across British Columbia is raising concerns about supply-chain disruptions. The Globe's Brent Jang writes that about 7,400 members of the International Longshore & Warehouse Union Canada walked off the job on Saturday, 72 hours after the waterfront union served its strike notice. The strike has led to the suspension of imports of consumer goods and most exports of raw materials. "Any disruption to port operations has a significant impact globally and on Canadians who rely on the businesses that import and export goods." Canada's largest port estimates that one-third of the value of Canadian trade in goods outside of North America gets handled by the various terminals in the Vancouver region. The Canadian Federation of Independent Business is among the groups warning about shipping delays potentially creating chaos as imported goods such as perishables, appliances and electronics move from the West Coast, across the Prairies and into Central Canada. On the export side, Canadian shipments of a wide range of raw materials such as fertilizer and lumber have been suspended. The previous five-year collective agreement expired on March 31.

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