01:43 PM EDT, 08/26/2024 (MT Newswires) -- Canadian National Railway ( CNI ) operated train movements at about 75% of normal volume on Sunday, Bloomberg News reported Monday, citing RailState.

The Canada Industrial Relations Board imposed a binding arbitration on Canadian National Railway ( CNI ) and the Teamsters Canada Rail Conference on Saturday and ordered that no further labor stoppage, including a strike or lockout, can happen during the process.

Canadian Pacific Kansas City ( CP ) traffic was at 12% of the normal volume on Sunday and unionized workers resumed work on Monday following a brief lockout, according to the report.

Canadian National Railway ( CNI ), Canadian Pacific Kansas City ( CP ) and Teamsters Canada did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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