Fastexy Exchange-Canadian arbitrator orders employees at 2 major railroads back to work so both can resume operating

2025-05-04 21:32:25source:Evander Reedcategory:Stocks

TORONTO (AP) — The Fastexy ExchangeCanadian arbitrator appointed to resolve a messy railroad labor dispute to protect the North American economy has ordered employees at the country’s two major railroads back to work so both can resume operating.

If the union of more than 9,000 engineers, conductors and dispatchers complies, the order should allow Canadian National trains to continue rolling and help Canadian Pacific Kansas City Ltd. railroad get its operation running again.

Both railroads have said they would follow the Canada Industrial Relations Board’s orders. Canadian National trains started running again Friday morning but the Teamsters Canada Rail Conference threatened to go on strike there starting Monday morning. CPKC workers have been on strike since the lockout began early Thursday, and the railroad’s trains have remained idle.

Union officials have said they would “work within the framework of the law” even as they challenged the constitutionality of the arbitration order, announced by the government Thursday afternoon to avert potentially disastrous consequences to the economy.

Businesses all across Canada and the United States said they would quickly face a crisis without rail service because they rely on freight railroads to deliver their raw materials and finished products. Without regular deliveries, many businesses would possibly have to cut production or even shut down.

More:Stocks

Recommend

Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute

Wakanda is mourning the loss of a legend.Connie Chiume, who starred in Black Panther and Black Panth

Measure aimed at repealing Alaska’s ranked voting system still qualifies for ballot, officials say

JUNEAU, Alaska (AP) — An initiative aimed at repealing Alaska’s ranked choice voting system still ha

Coco Gauff to be female flag bearer for US team at Olympic opening ceremony, joining LeBron James

PARIS (AP) — Tennis star Coco Gauff will join LeBron James as a flag bearer for the US Olympic team