# Canadian Pacific girds for potential rail strike next month

> Canadian Pacific Kansas City is preparing for a possible strike by about 3,300 workers next month as negotiations near a deadline. CEO Keith Creel says positions have not changed much and a conservative volume forecast reflects strike risk. Combined with 6,000 CN workers, a stoppage could halt most Canadian freight rail traffic.

- Date: 2024-05-01 · published 2024-05-01T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/30761-canadian-pacific-girds-for-potential-rail-strike-next-month
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A near-total halt of Canadian rail would strand grain and potash shipments, pushing up freight costs and tightening feed grain supply to export buyers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-03-25 | [Potential rail strike would cause historic disruption of Canadian supply chains: union](https://feedsoft.ai/events/31237-potential-rail-strike-would-cause-historic-disruption-of-canadian-supply-chains.md) | -0.6% | +1.9% |
| WHEAT | 2018-04-19 | [CP Rail strike could be devastating for Western Canadian farmers](https://feedsoft.ai/events/65532-cp-rail-strike-could-be-devastating-for-western-canadian-farmers.md) | +0.3% | -1.2% |
| WHEAT | 2024-03-25 | [Canadian rail workers vote to launch strike: Correction \| Latest Market News](https://feedsoft.ai/events/31236-canadian-rail-workers-vote-to-launch-strike-correction-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2024-07-09 | [Rail workers, grain growers await CIRB decision on potential strike – Brandon Sun](https://feedsoft.ai/events/29278-rail-workers-grain-growers-await-cirb-decision-on-potential-strike-brandon-sun.md) | -4.0% | -2.8% |
| WHEAT | 2018-03-01 | [Rail shipment delays causing 'dire situation' for Canadian farmers \| CBC News](https://feedsoft.ai/events/66016-rail-shipment-delays-causing-dire-situation-for-canadian-farmers-cbc-news.md) | +1.2% | +0.1% |

## Sources

- biv.com: https://www.biv.com/news/canadian-pacific-girds-for-potential-rail-strike-next-month-8645241

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.