# Canadian Pacific Railway labor strike ends after two days | S&P Global

> The Canadian Pacific Railway strike ended after two days when the company and the Teamsters agreed to binding arbitration, with service to resume at noon Tuesday. The stoppage had affected shipments of crude oil, petroleum products, agricultural goods, fertilizers and mining products.

- Date: 2022-03-22 · published 2022-03-22T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/42317-canadian-pacific-railway-labor-strike-ends-after-two-days-s-and-p-global
- 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

Quick resolution limits the lasting supply-chain damage to North American fertilizer and agricultural shipments, reducing the risk of a prolonged price squeeze. Backlogs from the stoppage may still take weeks to clear.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-07-28 | [B.C. port strike cost Canadian Pacific's newly amalgamated railway $80M, exec says \| CBC News](https://feedsoft.ai/events/35055-b-c-port-strike-cost-canadian-pacific-s-newly-amalgamated-railway-80m-exec-says.md) | -0.1% | -2.1% |
| 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% |
| WHEAT | 2019-12-20 | [Grain backlog still looms large as CN Rail returns to normal service after strike  \| Globalnews.ca](https://feedsoft.ai/events/55604-grain-backlog-still-looms-large-as-cn-rail-returns-to-normal-service-after.md) | +0.3% | +2.3% |
| WHEAT | 2020-12-01 | [CP Rail Strike Ends \| Feed & Grain](https://feedsoft.ai/events/49666-cp-rail-strike-ends-feed-and-grain.md) | +9.5% | +8.9% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/032222-canadian-pacific-railway-labor-strike-ends-after-two-days

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