President Biden announced the agreement after negotiations brokered by the labor secretary lasted deep into the night.
Tag: Strikes
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Biden Maneuvers to Try to Avoid Devastating Rail Strike
The Biden administration is considering executive action to try to avoid a shutdown of the nation’s rail network that would harm the economy ahead of the midterm elections.
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Amtrak Halts Long-Distance Service Over Freight Rail Labor Dispute
The passenger railroad said trains would operate only if they could complete trips by 12:01 a.m. Friday. Most Northeast Corridor service will continue.
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How a Rail Strike Could Reinvigorate Supply Chain Disruption
If freight trains stop rolling, the result could be chaos for business, shortages for consumers, and fresh momentum for rising prices.
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Strike Threat on Freight Railroads Is New Supply Chain Worry
Administration officials are pushing for a settlement to head off a walkout by tens of thousands of workers on Friday.