A U.S. port shutdown is nearing. The impact on Canada could be ‘severe’ – National

Canadian businesses are nervously bracing for the impacts of a fast-approaching dockworkers strike at U.S. East Coast ports that could cripple continental supply chains — a situation that could become even worse if the labour disruptions spread north. The International Longshoremen’s Association (ILA), which represents roughly 45,000 dockworkers at 36 seaports from Texas to Maine,…

Read More

Tupperware files for bankruptcy as demand slumps for its containers – National

Descrease article font size Increase article font size Tupperware Brands TUP.N filed for Chapter 11 bankruptcy protection late on Tuesday, succumbing to mounting losses amid poor demand for its once-iconic food storage containers. The company’s popularity exploded in the 1950s as women of the post-war generation held “Tupperware parties” at their homes to sell food storage…

Read More