A rail strike could lift spot truckload prices and support a market that’s been soft, sources said. But should a strike continue, expect congestion and higher costs.
If a prolonged rail worker strike happens, expect cross-border commodities such as cars, auto parts and Mexican beer to be bogged down.
President Joe Biden is compelling Congress to intervene if there is a rail strike — and hinting that both sides should accept the labor agreement as it stands.
In a letter sent Monday to legislative leaders, trade groups warn of a financial disaster should a railroad strike occur on Dec. 9.
Is a rail strike imminent? Here are five things that might help you understand how we got here.
One railroad union has voted to ratify its labor agreement while another has split its vote, raising the prospect of a rail strike.
The American Chemistry Council says a rail strike lasting a month or longer could significantly damage the U.S. economy.
TTD, a union coalition affiliated with the AFL-CIO, is asking Congress for regulation that would hold freight railroads to maintain sufficient infrastructure investments and workforce levels.
Both the railroads and the Brotherhood of Maintenance of Way – Employes Division say the extension will help all parties make the best decision on how to proceed with the outstanding tentative labor agreements.
The rail division of the International Association of Machinists and Aerospace Workers will ratify the latest tentative labor agreement between itself and the freight railroads.
