“With less than two weeks until a railroad strike deadline, President Biden plans to call on Congress to take action to avert a shutdown of the country’s freight railroads,” the Washington Post reports.
“A rail strike could threaten the nation’s water supply, halt passenger rail travel and trigger major disruptions to the U.S. supply chain during the height of the holiday season, potentially worsening inflation. Already, some tech companies have begun rerouting cargo shipments from railroads to trucks in preparation for a potential shutdown.”
“Union officials have said it’s looking increasingly unlikely that the unions and major rail freight carriers would reach a deal over lingering issues before a Dec. 9 strike deadline, renewing pressure on Congress and the White House to intervene.”
