Negotiations between Canada's two major freight railroads and their union representatives are on a ticking clock, with a potential full shutdown looming if disputes aren't resolved.
Canadian Prime Minister Trudeau emphasized the urgency of reaching an agreement to prevent significant economic damage, urging both sides to continue negotiations.
CSX's recent contract deal with its unions showcases a different negotiation approach that could potentially influence outcomes in Canadian rail negotiations.
Both CN and CPKC have begun shutting down operations in anticipation of a contract deadline, prioritizing the handling of hazardous and perishable goods before a full stop.
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