Canadian Pacific Kansas City Says Railroad Strike Unlikely in Next 60 Days.

Canadian Pacific Kansas City (CPKC) has stated that it could take up to two months for a regulator to rule on whether the country's two major railroads must transport certain goods during a labor disruption, potentially delaying a strike until the summer. The Teamsters Canada union had planned a simultaneous strike at CPKC and Canadian National Railway, which could have significant impacts on North American supply chains. CPKC has offered binding arbitration to avoid a work stoppage, but the union declined. Canadian National has presented a revised offer to the union, withdrawing proposed pay and scheduling changes. The Canadian Industrial Relations Board is reviewing the issue, and a decision is expected before any strike can occur. [Extracted from the article]