# Railway container shipments plummet due to B.C. port strike that's poised to end

> Canadian railways reported a sharp drop in container shipments during the B.C. port strike, which halted more than half of container cargo. CN's revenue ton miles fell 60% in the first week of the job action and CPKC's fell 45%. A tentative deal reached on Thursday is expected to end the strike.

- Date: 2023-08-18 · published 2023-08-18T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/34606-railway-container-shipments-plummet-due-to-b-c-port-strike-that-s-poised-to-end
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Container disruption raised shipping costs and delayed export containers, including grain and oilseed shipments, which tends to lift ocean freight rates while the backlog lasts.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- ombalicargo.com: https://www.ombalicargo.com/news/railway-container-shipments-plummet-due-to-bc-port-strike-thats-poised-to-end

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