# CN Rail strike ends with tentative deal with union, but fallout continues for farmers, miners - Financial Post

> Canadian National Railway and Teamsters Canada reached a tentative deal to renew the collective agreement for about 3,200 conductors and yard crews, ending a week-long strike. Work is to resume Wednesday with no further job action during a roughly eight-week ratification process. Nutrien will still shut down some potash mining operations due to the backlog.

- Date: 2019-11-26 · published 2019-11-26T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/56076-cn-rail-strike-ends-with-tentative-deal-with-union-but-fallout-continues-for
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Grain and potash shipments face a backlog from the stoppage that left CN at about 10 per cent capacity, so near-term export flows from Canada may stay delayed. Shipping disruption tends to support basis and freight costs while the backlog clears.

## Read by commodity

- BARGE: neutral
- POTASH: bullish ▲
- CANMEAL: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/transportation/cn-rail-strike-ends-with-tentative-deal-with-union-but-fallout-continues-for-farmers-miners/

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