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Dear Customer,


Please find the following excerpt from a press release issued by CP late yesterday.



The Teamsters Canada Rail Conference-Train & Engine (TCRC) provided Canadian Pacific (CP) with its 72-hour strike notice late evening on Wednesday, March 16, 2022, to be effective 00:01 ET on Sunday, March 20, 2022. For greater clarity, CP’s 72-hour lockout notice issued on March 16, 2022, as previously communicated, also to be effective 00:01 ET Sunday, March 20, 2022, remains in effect.

CP will continue to meet with the TCRC in the hopes of reaching agreement that is in the best interests of the entire CP family, its customers, shareholders and the broader North American economy.



Hensall Global will continue to do our best to keep you informed of new developments as they are communicated to the industry.





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