Top industry trade groups have warned in a letter to Canadian Prime Minister Justin Trudeau to avert a rail strike that could snarl supply chains of critical commodities across North America.
"We request that you take action to ensure railroad operations continue before a lockout or strike occurs to prevent serious damage to the Canadian and US economies," 35 US industry groups wrote in a letter to PM Trudeau.
Bloomberg highlights the commodities that would be most impacted by a potential rail strike:
Larry Avila of SupplyChainDive provides more information on the potential labor action at Canada's major rail carriers, which could unfold as early as Thursday unless 10,000 union workers receive a new deal before then.
Avila continued:
Separately, unionized dockworkers across the East and Gulf Coast are threatening to strike in October.
- Labor Talks At Major US East Coast & Gulf Coast Ports "Very Far Apart" As Potential Paralyzing Strike Looms
The worst-case scenario, which would almost certainly re-ignite inflation, involves multiple strikes across various transportation modes in North America that could begin as early as Thursday.