Pressure mounts on US railroads and unions to reach a deal - News Summed Up

Pressure mounts on US railroads and unions to reach a deal


Freight railroads and their unions are facing increasing pressure from business groups and the White House to settle their contract dispute. They face a looming strike deadline on Friday, Sept. 16, and business groups say a stoppage halting deliveries of raw materials and finished products that so many companies rely on would be an economic disaster. (AP Photo/Gene J. Puskar, File) APFreight railroads and their unions are facing increasing pressure from business groups and the White House to settle their contract dispute before Friday's looming strike deadline. And for the second time in the past week, Labor Secretary Marty Walsh sat down at the negotiating table Sunday to urge the parties to reach a deal. The Association of American Railroads trade group put out a report last week estimating that shutting down the railroads would cost the economy $2 billion a day.


Source: The Herald September 13, 2022 07:12 UTC



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