Trump tariffs could intensify US trucking industry slump, experts say

Trump's threatened tariffs on China, Mexico, and Canada may harm the $1.7 trillion U.S. transportation industry and worsen the ongoing trucking recession, experts warn.

Citi shuffles transportation stock ratings after post-election sector rally

Citi analysts downgraded Knight-Swift and Schneider National stocks, citing valuation concerns after a post-election rally, yet upgraded C.H. Robinson and Canadian National due to favorable setups.

Earnings call: CPKC reports growth despite challenges in Q3 2024

Citi begins coverage on Transportation stocks, names its top picks

Citi begins research on 19 Transportation and Logistics companies, highlighting industry struggles and opportunities for investors as cyclic recovery approaches, with several top stock picks identified.

Unifor initiates negotiations with Canadian Pacific Kansas City

Unifor has started contract negotiations with Canadian Pacific, addressing issues affecting rail workers and emphasizing the importance of a stable rail service for Canada's economy.

US urges freight railroads to guarantee paid sick leave for all

The Biden administration urges major freight railroads to guarantee paid sick leave for all workers, highlighting the need and recent improvements in worker benefits.

Canada rail union launches court challenges to back-to-work order

The Teamsters union challenges labor board rulings forcing workers back to rail jobs, claiming it undermines bargaining rights, while seeking to set precedents for future labor disputes.

US rails cancel embargoes after Canada work stoppage ends

Norfolk Southern and BNSF Railway resume operations after Canadian work stoppage embargoes lifted, though recovery from disruptions will take weeks due to backlog issues.

Canada labor board orders end to railway work stoppage

The Canada Industrial Relations Board halted rail work stoppages affecting major freight carriers, ending disruptions threatening the economy, while the Teamsters plan to appeal the ruling.

Canada's rail shutdown could hit GDP hard, kill jobs if protracted

Canada's economy may face billions in losses due to a rail stoppage, impacting GDP and employment, unless the stoppage is resolved quickly.