Loading…
RailState outlined the steps that could lead to a national Canadian rail strike as early as 22 May, including a conciliation period and a 72-hour notice. It estimated C$1 billion in goods move by rail each day.
It advised shippers on how to limit losses from disruption.
The guidance mainly describes shipper risk management and the timeline for a possible stoppage, so it has little direct effect on prices.
railstate.comRailStateMar 22, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
