BNSF And CSX Both Are Preparing For A Rail-Strike As Talks Hit An Impasse
We could soon see how important coal is to the production of electricity in the US - despite the mothballing and de-commissioning of many coal-fired power plants, it still remains a very significant portion of the power generation mix. And while many plants are located close to the mines or receive their coal by barge, many others get coal shipped by rail. If these two giant railroads go on strike, the supply of coal to many plants is threatened.
Stockpiles of coal at plants isn't nearly as big as it used to be even 10 short years ago, so the lack of shipment is more of a threat than it would normally be.
If you want anything you know will be shipped by rail time to get it! (If you need lumber buy it now! Maybe fertilizer as well. )