# CP Rail train crews go on strike as contract negotiations fail, talks continue - The Globe and Mail

> More than 3,000 Canadian Pacific train crews walked off the job Tuesday night after contract talks with the Teamsters failed. A separate union of 360 signal workers reached a tentative three-year deal, and industry groups urged Ottawa to legislate an end to the stoppage.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/65032-cp-rail-train-crews-go-on-strike-as-contract-negotiations-fail-talks-continue
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A rail strike halts grain and potash movement on Canada's second-largest network, stranding exports and tightening supply to buyers, which supports canola meal and grain basis prices until service resumes.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-04-26 | [Possible dual railway strike looms as contract negotiations remain stalled - RealAgriculture](https://feedsoft.ai/events/30758-possible-dual-railway-strike-looms-as-contract-negotiations-remain-stalled.md) | -2.3% | +21.2% |
| WHEAT | 2019-12-20 | [One month after CN strike, major grain backlogs remain - The Globe and Mail](https://feedsoft.ai/events/55600-one-month-after-cn-strike-major-grain-backlogs-remain-the-globe-and-mail.md) | +0.3% | +2.3% |
| WHEAT | 2017-04-12 | [Rail strikes on hold as enterprise bargaining continues - Grain Central](https://feedsoft.ai/events/71504-rail-strikes-on-hold-as-enterprise-bargaining-continues-grain-central.md) | -1.0% | +1.6% |
| WHEAT | 2024-04-18 | [Rail strike looms as CN, CPKC workers take action to a vote - Grainews](https://feedsoft.ai/events/30759-rail-strike-looms-as-cn-cpkc-workers-take-action-to-a-vote-grainews.md) | +0.5% | +2.4% |
| WHEAT | 2018-03-07 | [Western ports clogged on slowdown in crop shipments by rail - The Globe and Mail](https://feedsoft.ai/events/66013-western-ports-clogged-on-slowdown-in-crop-shipments-by-rail-the-globe-and-mail.md) | -0.2% | -0.3% |
| CORN | 2021-01-06 | [Argentina grain inspectors, agro-export companies continue talks as strike drags on](https://feedsoft.ai/events/49001-argentina-grain-inspectors-agro-export-companies-continue-talks-as-strike-drags.md) | +5.2% | +12.7% |
| CORN | 2022-07-14 | [Could Rail Workers Now Strike Starting Monday As Concerns Of a Feed Shortage Continue In the West?](https://feedsoft.ai/events/40503-could-rail-workers-now-strike-starting-monday-as-concerns-of-a-feed-shortage.md) | -12.5% | -12.4% |
| CORN | 2024-10-23 | [Freight rates for grain transportation continue to rise \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/28066-freight-rates-for-grain-transportation-continue-to-rise-ukrainian-and-world.md) | -0.6% | +0.9% |

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/business/article-cp-rail-train-crews-go-on-strike-as-contract-negotiations-fail/

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