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STRIKES * Canada
* Canada - CP Says it Will Cut 3,400 Workers if Strike Continues
(Photo by Andy Clarke/Reuters)
Coquitlam,BC,CAN -The Journal of Commerce Online, by Mark Szakonyi -May 25, 2012: -- Railroad increases pressure on union to cave to pension cuts... Canadian Pacific Railway said it will have to lay off up 3,400 workers if the union doesn’t end a strike that has crippled the railroad’s Canadian freight network since Wednesday... The threat to lay off unionized employees not affiliated with the Teamsters Canada Rail Conference steps up pressure on the 4,800 striking members to accept a contract reducing pension plans. The average annual CP pension for TCR employees is $73,000, according to The Globe and Mail... The strike has delayed the shipment of tens of thousands of carloads of products ranging from grain to automobiles, and ports, including Port Metro Vancouver, are concerned there will be terminal delays if the strike continues... The Canadian government plans to legislate an end to the strike if it’s not settled by Monday...
Coquitlam,BC,CAN -The Journal of Commerce Online, by Mark Szakonyi -May 25, 2012: -- Railroad increases pressure on union to cave to pension cuts... Canadian Pacific Railway said it will have to lay off up 3,400 workers if the union doesn’t end a strike that has crippled the railroad’s Canadian freight network since Wednesday... The threat to lay off unionized employees not affiliated with the Teamsters Canada Rail Conference steps up pressure on the 4,800 striking members to accept a contract reducing pension plans. The average annual CP pension for TCR employees is $73,000, according to The Globe and Mail... The strike has delayed the shipment of tens of thousands of carloads of products ranging from grain to automobiles, and ports, including Port Metro Vancouver, are concerned there will be terminal delays if the strike continues... The Canadian government plans to legislate an end to the strike if it’s not settled by Monday...
* Canadian Pacific Resumes Operations as Strike Ends
Coquitlam,BC,CAN -Transport Topics (USA) -1 June 2012: -- Canadian Pacific Railway resumed operations Friday morning after a week-long strike, Reuters reported... Lawmakers concerned about the impact on economy pushed through back-to-work legislation late Thursday to end the strike... About 4,800 CP engineers, conductors and traffic controllers walked off the job May 23 after talks stalled on company efforts to cut pension payments... Canadian Pacific is Canada’s second-largest freight railroad, behind Canadian National...
Labels: strikes
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