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More than 3,000 CP conductors and engineers went on strike Tuesday night, halting commodity shipments including grain, coal and ethanol. The Teamsters rejected CP's offer by 98.1%, while a tentative three-year deal was reached with the electrical workers union.
A standstill on a Class I railroad backs up grain and intermodal freight, delaying port transfers and raising logistics costs that feed through to feed grain and meal prices.
supplychaindive.comShefali KapadiaMay 30, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
