Potential stoppage in operations for CN and CP Rail
Created on: May 8th, 2024 Categories:Press Releases
We continue to closely monitor the situation regarding a potential stoppage in operations for CN and CP Rail. As negotiations continue between the rail companies and their respective workers’ unions, it’s crucial for businesses to stay informed and prepared for any potential disruptions to supply chains.
Here’s what you need to know:
The possibility of a rail stoppage will impact the movement of goods across Canada which also includes import and export containers.
The earliest a walkout or lockout could occur is May 22nd, 2024.
Industries relying on rail transportation, including manufacturing, agriculture, and retail, will experience delays in shipments should a labour disruption happen.
In the event of a rail stoppage, trucking capacity will be negatively affected as industries pivot to move product over the road to destination. This will impact both pricing and availability.
Proactive planning and communication with stakeholders are essential to mitigate any potential disruptions.
We are advising our customers that have volume and require product to arrive at destination by the end of May to ship that product before the May long weekend.
As your partner, FMi will keep you updated as negotiations progress. We are ready to assist with any contingency planning you require to ensure your supply chain keeps moving.
FMi Logistics Team FMi Logistics Team
Our team, comprising seasoned professionals, is dedicated to offering a range of services including freight management, warehousing, distribution, and supply chain management. We specialize in creating customized solutions that meet the unique needs of our clients, ensuring their goods are transported safely, efficiently, and sustainably. At FMi Logistics, we are committed to leveraging the latest technology and industry best practices to deliver excellence in every aspect of our services. Our insights and updates in the logistics field are driven by our passion for excellence and our commitment to helping businesses succeed in a dynamic global market.
