# UPDATE 4-Canadian Pacific reaches tentative agreement with striking workers

> Canadian Pacific Railway reached tentative four- and five-year agreements with Teamsters after a strike by more than 3,000 workers ended on May 30. Operations at affected facilities were set to resume Thursday. CP shares rose to a record.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/65031-update-4-canadian-pacific-reaches-tentative-agreement-with-striking-workers
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The strike had threatened grain, potash and canola shipments amid already tight Canadian rail capacity; resolution eases near-term logistics bottlenecks, reducing upward pressure on basis and freight costs for feed grains and canola meal.

## Read by commodity

- CORN: neutral
- WHEAT: neutral
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-08-05 | [Grain flows again as Argentina reaches deal with striking pilots](https://feedsoft.ai/events/13782-grain-flows-again-as-argentina-reaches-deal-with-striking-pilots.md) | -0.5% | +12.4% |
| CORN | 2026-09-08 | [Grain exports flow again as Argentina reaches deal with striking pilots \| World Ports Organization](https://feedsoft.ai/events/17500-grain-exports-flow-again-as-argentina-reaches-deal-with-striking-pilots-world.md) | -0.2% | -0.2% |
| CORN | 2025-07-07 | [STB backs CPKC in grain export dispute with Union Pacific - Trains](https://feedsoft.ai/events/23750-stb-backs-cpkc-in-grain-export-dispute-with-union-pacific-trains.md) | -6.0% | -6.0% |
| CORN | 2023-11-02 | [Farmers call for quick resolution to Seaway workers’ strike – The North Grenville Times](https://feedsoft.ai/events/33191-farmers-call-for-quick-resolution-to-seaway-workers-strike-the-north-grenville.md) | +1.4% | -2.0% |
| CORN | 2020-08-28 | [Argentina: Grains Port Workers Delay Strike](https://feedsoft.ai/events/51435-argentina-grains-port-workers-delay-strike.md) | +0.0% | +5.4% |
| WHEAT | 2024-09-28 | [Vancouver grain workers reach tentative deal to end strike - AgCanada](https://feedsoft.ai/events/27885-vancouver-grain-workers-reach-tentative-deal-to-end-strike-agcanada.md) | +0.6% | -6.3% |
| WHEAT | 2018-08-31 | [Agreement reached for people of Churchill, Union cautiously optimistic – Union of Canadian Transportation Employees](https://feedsoft.ai/events/63543-agreement-reached-for-people-of-churchill-union-cautiously-optimistic-union-of.md) | +4.7% | -1.4% |
| WHEAT | 2018-01-29 | [Viterra: 51 workers locked out at the Port of Montreal \| Canadian Union of Public Employees](https://feedsoft.ai/events/66995-viterra-51-workers-locked-out-at-the-port-of-montreal-canadian-union-of-public.md) | +0.2% | +2.1% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/05/30/reuters-america-update-4-canadian-pacific-reaches-tentative-agreement-with-striking-workers.html

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