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Strike Postponed: Indian port workers reach agreement

Strike Postponed: Indian port workers reach agreement

Indian port workers have postponed their planned indefinite strike following successful negotiations. This update highli...

All, Global Trade, Industry insights, Industry News

28 August 2024

02 MINS. Read
Indian Port Workers Announce Indefinite Strike

Indian port workers announce indefinite strike

The All-India Port Workers' Federation has declared an indefinite strike starting August 28, 2024, affecting key ports a...

All, Global Trade, Industry insights, Industry News

23 August 2024

02 MINS. Read
The Teamsters union's strike against Canadian National Rail (CN) and Canadian Pacific Kansas City (CPKC) has commenced, potentially causing severe disruptions to US cargo and trade. This strike represents a historic challenge as it involves both major Canadian rail operators simultaneously. Canada's rail system is a crucial conduit for cross-border trade, transporting about C$380 billion worth of goods annually. The disruption threatens to halt shipments of critical commodities, including grain, potash, coal, and petroleum products. This could lead to significant delays in US-bound cargo, impacting industries reliant on timely deliveries, such as agriculture and energy. Moreover, the strike will affect the transport of chemicals and vehicles, with ripple effects likely to impact supply chains and inventory management across North America. Approximately C$1 billion worth of goods are transported daily by rail, including aviation fuel essential for major airports like Toronto’s Pearson. Industry groups are urging intervention to mitigate these disruptions. Stakeholders are advised to prepare for potential delays and monitor developments closely as negotiations continue.

Advisory Notice: Canadian Railway Strike and U.S. Cargo Disruptions

The Teamsters union's strike against Canadian National Rail (CN) and Canadian Pacific Kansas City (CPKC) commenced at 12...

All, Global Trade, Industry insights, Industry News

22 August 2024

02 MINS. Read

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