# B.C. port strike cost Canadian Pacific's newly amalgamated railway $80M, exec says | CBC News

> Canadian Pacific Kansas City estimated the 13-day B.C. port strike cost it about $80 million in revenue, with CMO John Brooks saying the company will try to recover much of it in the remaining quarters. The strike halted operations at most West Coast ports and sharply reduced container hauling in the first week.

- Date: 2023-07-28 · published 2023-07-28T12:00:00.000Z
- Category: logistics · region Canada · magnitude low
- Page: https://feedsoft.ai/events/35055-b-c-port-strike-cost-canadian-pacific-s-newly-amalgamated-railway-80m-exec-says
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The disruption shows the strike's cost to rail carriers but does not change grain or feed supply; the effect on feed prices is small since the strike has ended.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-03-22 | [Canadian Pacific Railway labor strike ends after two days \| S&P Global](https://feedsoft.ai/events/42317-canadian-pacific-railway-labor-strike-ends-after-two-days-s-and-p-global.md) | +2.0% | -9.1% |
| WHEAT | 2024-05-01 | [Canadian Pacific girds for potential rail strike next month](https://feedsoft.ai/events/30761-canadian-pacific-girds-for-potential-rail-strike-next-month.md) | +2.2% | +15.0% |
| WHEAT | 2024-03-25 | [Strike concerns curb Canadian wheat exports \| Latest Market News](https://feedsoft.ai/events/31234-strike-concerns-curb-canadian-wheat-exports-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2026-10-29 | [Port strike in Prince Rupert set to impact B.C. propane exports \| CBC News](https://feedsoft.ai/events/17142-port-strike-in-prince-rupert-set-to-impact-b-c-propane-exports-cbc-news.md) | -0.4% | — |
| WHEAT | 2018-07-24 | [Strike at Canadian Pacific has 'no lingering effects' on rail operations \| Supply Chain Dive](https://feedsoft.ai/events/64058-strike-at-canadian-pacific-has-no-lingering-effects-on-rail-operations-supply.md) | -1.0% | -0.2% |

## Sources

- cbc.ca: https://www.cbc.ca/news/canada/british-columbia/port-strike-cpkc-railway-1.6920737

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