Posts tagged tentative agreements
BACKGROUNDER: Potential Railroad Strike
September 14, 2022 // On Friday, September 16, 2022, railroad workers could go on strike. This would effectively shut down the nation’s freight rail system and have spillover effects on commuter rail like Amtrak, which is already canceling long-distance routes. If a strike or lockout occurs, Congress has the ability to intervene and has done so in the past. An economic analysis by the American Association of Railroads using the Federal Railroad Administration’s model found a railroad shutdown could cost our economy $2 billion per day. Similarly, a coalition of agricultural organizations said in a letter to Congress, “Uninterrupted rail service is vital to the American agricultural economy.”