Ottawa orders end to port work stoppages [Yahoo! Finance]
Freightcar America, Inc. (RAIL)
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Source: Yahoo! Finance
Labor Minister Steven MacKinnon on Tuesday asked the Canada Industrial Relations Board to order an end to lockouts of union employees and restart of port operations at the Port of Montreal and the ports of Vancouver and Prince Rupert in British Columbia. The order would also direct binding arbitration in the bicoastal longshore contract disputes, and extend the current collective agreements until new pacts are agreed to. Vancouver and Montreal are ranked one and two in container handling among Canadian ports. MacKinnon's order also covers a long-running labor dispute at the Port of Quebec. “The work stoppages at the ports of British Columbia and the Port of Montreal are significantly impacting our supply chains, thousands of Canadian jobs, our economy, and our reputation as a reliable trading partner,” MacKinnon said in a statement posted to X. “We simply cannot afford this uncertainty and instability at the moment.” It's the second time in recent months that Prime Minister
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RAIL
Earnings
- 11/12/24 - Beat
RAIL
Sec Filings
- 11/18/24 - Form 4
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- RAIL's page on the SEC website