CP Rail Union on Strike

[Klause]

http://www.cbc.ca/m/news/business/topstories/teamsters-give-cp-rail-72-hour-strike-notice-1.2952765





Oh great. We really needed this.

[bucket]

It never ceases to amaze me that there are people that get paid to negotiate contracts with a set deadline and a heads up as to what might be a sticking point.

And for whatever reason they choose to shut the country down. Management and union folk working on this should have their asses kicked hard.

[Braveheart]

Essential service. Legislate them back.

[Oliver88]

Yes, this should be an essential service.

Get them back to work.

[farmaholic]

When does the demmurage clock start ticking and who$e paying?

[bucket]

Considering they are not meeting the weekly targets of 650000 tonnes missing them by 100000 tonnes - chances are the demurage is racking up quite nicely.

[BTO_farmalll]

Lets Study it Some More!!!!!!!!!!

[farmaholic]

Shhhh, listen...... can you hear the basis widening?

Okay, now what are the guys supposed to do who need cash flow and face the possibility of a wider basis in the future due to "circumstances beyond their control". Damned poor marketers they are, eh!!!!

[Braveheart]

If they didn't have some, at least some, decent basis locked in for the near future, let's just say, they could have done better.

[farmaholic]

Brave, if this lasts too long it may result in wider basis further out than anyone who "did do better" planned for. That may well be you too....