Resilinc Special Report

Canadian Rail Stoppage: Impact and Outlook

Canada’s two major railroad operators, CN and CPKC, shut down operations on Thursday, August 22, after talks of a 2024 Canadian rail strike peaked and labor union negotiations failed to reach a deal. The work stoppage lasted less than 17 hours before the Canadian government ordered Canada’s two largest rail companies and the Teamsters into binding arbitration. According to Moody’s, the shutdown would have cost over $251M per day, with numerous sectors, including mining, agriculture, and manufacturing, facing crippling supply chain delays, increased costs, and potential shutdowns. This Canadian rail strike report explores the background behind the shutdown alongside exclusive Resilinc data on impacted industries.
Discover how companies responded to this massive rail disruption and learn how to maintain continuity and manage your supply chain risk management program during supply chain disruptions like the Canadian rail stoppage.
Key Insights:
  • 16,000+ total sites have been impacted according to Resilinc’s SCRM event monitoring software data
  • The shutdown could cost $251M+ per day according to Moody’s
  • The stoppage could cause significant economic damage and affect trade with the U.S. and Mexico