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Governments offer bid to end Vancouver Port strike

  • The governments of Canada and British Columbia unveil a plan to try to end the strike by container-truck drivers that's costing C$885M/week, but the union representing the striking workers has yet to sign off on the plan (earlier).
  • Port Metro Vancouver and the two governments say that, as part of the new plan, the port will reform its truck licensing system to help ensure that drivers serving the port are paid "fair compensation."
  • Two terminals operating at the port declared force majeure yesterday because of the strike, with their operator saying it soon wouldn't be able to take in any shipments if the strike continues.
  • CN Rail (CNI -0.8%) has filed an application in B.C. Supreme Court for an injunction against striking truckers, who CNI says are blocking access to a container yard near Vancouver; CP -0.6%.
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