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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (32980)	4/9/2018 8:19:01 AM
From: Goose94	Read Replies (1) of 203376

Canadian Pacific Railway (CP-T) faces a possible work stoppage by more than 3,000 train engineers, conductors and yard workers on April 21 after union members authorized strike action as contract talks drag on. Walkout by members of Teamsters Canada Rail Conference would be a blow to CP's efforts to clear a freight backlog that has angered grain firms, farmers and other commodity shippers and drawn rebukes from governments in Canada and the United States. The union said that 94 per cent of members who voted okayed the strike action. The train crews have been without a contract since the start of 2018 and have been in talks since November. CP is demanding "cuts and concessions" despite posting rising profit, the union said. Talks between the two sides are scheduled in Calgary for the week of April 16. CP head Keith Creel has said that one of his main goals is to improve the fractious relations between the company and its largest union. Mr. Creel's vow to replace striking train operators with managers and his successful push for legislation that allows CP access to in-cab cameras have done little to reduce tensions.

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