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Reuters - 3 weeks ago

CSX loses bid in US appeals court to revive antitrust claims against Norfolk Southern

CSX loses bid in US appeals court to revive antitrust claims against Norfolk Southern By Mike Scarcella Aug 29 (Reuters) - Freight rail giant CSX CSX.O on Thursday failed to persuade a U.S. appeals court to revive a lawsuit accusing rival Norfolk Southern NSC.N of denying access to a major East Coast marine terminal, causing it hundreds of millions of dollars in damages.

Reuters - 3 weeks ago

US rails cancel embargoes after Canada work stoppage ends

UPDATE 1-US rails cancel embargoes after Canada work stoppage ends Adds details from BNSF, background throughout Aug 26 (Reuters) - U.S. railroads Norfolk Southern NSC.N and BNSF Railway on Monday said all embargoes associated with the potential Canadian work stoppage stand canceled and affected rail traffic has resumed, putting an end to an unprecedented service disruption in the movement of goods across the border.

Reuters - 3 weeks ago

Canada - Aug 26

PRESS DIGEST-Canada - Aug 26 Aug 26 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL - Hockey companies including Canada's CCM Hockey, Bauer Hockey LLC and the hockey division of True Temper Sports are all being auctioned by their long-time owners .

Reuters - 4 weeks ago

CSX Achieves Labor Agreements With Seven Additional Unions

BRIEF-CSX Achieves Labor Agreements With Seven Additional Unions Aug 23 (Reuters) - CSX Corp CSX.O : CSX ACHIEVES LABOR AGREEMENTS WITH SEVEN ADDITIONAL UNIONS, IMPROVES WAGES AND BENEFITS FOR RAILROAD WORKERS WITH THESE NEW AGREEMENTS, CSX HAS NOW REACHED A TOTAL OF 12 SEPARATE TENTATIVE AGREEMENTS, COVERING MORE THAN 50% OF ITS UNION TERMS OF AGR

Reuters - 4 weeks ago

CSX Says Reaches Early Agreement With Additional Labor Partners

BRIEF-CSX Says Reaches Early Agreement With Additional Labor Partners Aug 22 (Reuters) - CSX Corp CSX.O : CSX REACHES EARLY AGREEMENT WITH ADDITIONAL LABOR PARTNERS, BOOSTING WAGES AND BENEFITS FOR MORE RAILWAY WORKERS CSX CORP - SECURES NEW FIVE-YEAR TENTATIVE AGREEMENTS Source text for Eikon: ID:nGNX14YLgl Further company coverage: CSX.O

Reuters - 4 weeks ago

New York Times business news - Aug 22

PRESS DIGEST- New York Times business news - Aug 22 Aug 22 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Rail freight traffic in Canada came to a standstill early Thursday as the country’s two main rail companies, Canadian National CNR.TO and Canadian Pacific Kansas City CP.TO , locked out about 10,000 employees due to a labor dispute, a move that could cause supply chain disru

Reuters - 4 weeks ago

Canadian rail stoppage set to squeeze North American industries

FACTBOX-Canadian rail stoppage set to squeeze North American industries Recasts with lockout Aug 22 (Reuters) - Canada's freight rail transport could come to a grinding halt after the country's two biggest railroad operators announced an unprecedented, simultaneous work stoppage following deadlocked talks over labor contracts. Canadian National Railway CNR.TO and Canadian Pacific Kansas City CP.TO said they had locked out their workers and shut their networks in the country early on Thursday aft

Reuters - 4 weeks ago

Why the Canadian freight rail halt will roil North American supply chains

EXPLAINER-Why the Canadian freight rail halt will roil North American supply chains Recasts with lockout By David Ljunggren OTTAWA, Aug 22 (Reuters) - Canada's two main freight rail companies l ocked out around 10,000 of their Canadian unionized workers early on Thursday, starting an unprecedented simultaneous work stoppage that w ill grind almost all railway freight movement in the country to a halt.

Reuters - 4 weeks ago

CSX Finalizes Early Labor Agreements, Securing Wage Increases And Enhanced Benefits

BRIEF-CSX Finalizes Early Labor Agreements, Securing Wage Increases And Enhanced Benefits Aug 21 (Reuters) - CSX Corp CSX.O : CSX FINALIZES EARLY LABOR AGREEMENTS, SECURING WAGE INCREASES AND ENHANCED BENEFITS CSX CORP - TERMS INCLUDE AVERAGE WAGE INCREASES OF 3.5% PER YEAR OVER FIVE YEARS AND IMPROVEMENTS IN PAID VACATION AND HEALTH CARE CSX CORP - TENTATIVE AGREEMENTS COVER APPROXIMATELY 25% OF CSX'S FRONT-LINE UNION WORKFORCE CSX CORP - TENTATIVE AGREEMENTS COVER ABOUT 25% OF CSX'S FRONT-LINE

Reuters - 4 weeks ago

Canadian rail stoppage set to squeeze North American industries

FACTBOX-Canadian rail stoppage set to squeeze North American industries Adds comment from ratings agency Moody's in paragraph 4; farm impact details in paragraphs 18-19 Aug 21 (Reuters) - Canada's freight rail transport could come to a grinding halt as the country's two biggest railroad operators plan an unprecedented, simultaneous work stoppage following deadlocked talks over labor contracts.

Reuters - 4 weeks ago

Why a Canadian freight rail halt would roil North American supply chains

EXPLAINER-Why a Canadian freight rail halt would roil North American supply chains Adds Moody's cost estimate in paragraph 9 By David Ljunggren OTTAWA, Aug 21 (Reuters) - Canada's two main freight rail companies are set to lock out around 10,000 of their Canadian unionized workers on Thursday at 12:01 a.m. ET (0 401 GMT), starting an unprecedented simultaneous work stoppage that would grind almost all railway freight movement in the country to a halt.

Reuters - 4 weeks ago

Why a Canadian freight rail halt would roil North American supply chains

EXPLAINER-Why a Canadian freight rail halt would roil North American supply chains By David Ljunggren OTTAWA, Aug 21 (Reuters) - Canada's two main freight rail companies are set to lock out around 10,000 of their Canadian unionized workers on Thursday at 12:01 a.m. ET (4:01 GMT), starting an unprecedented simultaneous work stoppage that would grind almost all railway freight movement in the country to a halt.

Reuters - 4 weeks ago

Norfolk Southern says Canadian railroads issue all-commodity embargoes

Norfolk Southern says Canadian railroads issue all-commodity embargoes Aug 20 (Reuters) - Norfolk Southern NSC.N said on Tuesday railroad operators Canadian National CNR.TO and Canadian Pacific CP.TO have issued all-commodity embargoes ahead of a potential work stoppage. The embargo for goods to and from Canadian Pacific starts 12:01 am ET on Aug. 20, while Canadian National's starts at 12:01 am ET on Aug.

Reuters - 4 weeks ago

From fertilizers to coal, Canadian industries to feel the squeeze from rail stoppage

FACTBOX-From fertilizers to coal, Canadian industries to feel the squeeze from rail stoppage Adds comments from forest product firms Aug 21 (Reuters) - Canada's freight rail transport could come to a grinding halt as the country's two leading railroad operators plan an unprecedented, simultaneous, and indefinite work stoppage following deadlocked talks over labor contracts.

Reuters - 4 weeks ago

Canadian railroads FY EPS forecasts at risk if strikes last over 3 days, Desjardins says

BUZZ-Canadian railroads FY EPS forecasts at risk if strikes last over 3 days, Desjardins says ** Railroads Canadian National CNR.TO and Canadian Pacific CP.TO are bracing for a possible work stoppage by the Teamsters Canada Rail Conference Union that could start as early as Aug. 22 ** Canadian brokerage Desjardins says, "our rough calculations show

Reuters - 4 weeks ago

C.H. Robinson diverting some US customers' cargo away from Canadian ports

UPDATE 1-C.H. Robinson diverting some US customers' cargo away from Canadian ports Adds details throughout Aug 19 (Reuters) - U.S. freight forwarder C.H. Robinson CHRW.O said on Monday it was diverting some of its U.S. customers' ocean cargo away from Canadian ports as the threat of a rail strike looms. It said roughly 80% of its customers who had switched are now exporting through Los Angeles/Long Beach ports and the rest through Seattle/Tacoma ports.

Reuters - 4 weeks ago

Story on Maersk not accepting some Canada-bound cargo withdrawn (Aug. 19)

ADVISORY-(OFFICIAL)-Story on Maersk not accepting some Canada-bound cargo withdrawn (Aug. 19) Aug 19 (Reuters) - A story on Maersk from Aug. 19 has been withdrawn after the company withdrew its statement saying it was inaccurate. There will be a replacement story. STORY_NUMBER: L4N3K60R8 STORY_DATE: 19/08/2024 STORY_TIME: 1215 GMT

Reuters - 1 month ago

Norfolk Southern closes intermodal facility ingates after embargoes placed by Canadian rails

UPDATE 3-Norfolk Southern closes intermodal facility ingates after embargoes placed by Canadian rails Adds statement from Union Pacific in paragraph 3, changes throughout Aug 16 (Reuters) - U.S.-based Norfolk Southern NSC.N said on Friday it is closing all intermodal facility ingates to Canadian National R ailway CNR.TO with immediate effect f ollowing an embargo imposed by the Canadian railroad on all of its intermodal shipments.

Reuters - 1 month ago

Norfolk Southern closes all Intermodal facility ingates to Canadian National

Norfolk Southern closes all Intermodal facility ingates to Canadian National Aug 16 (Reuters) - Norfolk Southern NSC.N said on Friday it is closing all Intermodal facility ingates to Canadian National CNR.TO effective today, after the Canadian railroad issued an embargo on all of its Intermodal shipments. Reporting by Abhinav Parmar in Bengaluru; e

Reuters - 1 month ago

Canada railways warn of Aug. 22 lockout without labor deal

UPDATE 4-Canada railways warn of Aug. 22 lockout without labor deal Adds request by CN for federal intervention, comments from union paragraphs 1, 4-5, 8 OTTAWA, Aug 9 (Reuters) - C anada's two main rail companies said on Friday they would lock out employees on Aug. 22 if talks to negotiate a labor contract fail , a move that would bring the country's transport of goods to a halt .

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