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US Carriers Begin To Prepare For A Rail Strike
thefinancialtrends.com ^ | Sep 15, 2022 | David Greenberg

Posted on 09/14/2022 11:45:51 PM PDT by ransomnote

[H/T Farcesensitive]

Almost 115,000 rail workers are set to go on strike Thursday at midnight, absent intervention from the government, as a mandatory “cooling off” period comes to a close. As negotiations stall between rail unions and rail carriers, nearly 40% of long distance trade hangs in the balance.

Although only two of the twelve rail worker’s unions have failed to reach deals with the industry’s bargaining committee, all twelve unions agreed to walk off the job if even a single union fails to secure a contract.

It is estimated any strike will cost the US economy as much as $2 billion per day, according to figures from the Association of American Railroads (AAR). The US Chamber of Commerce has referred to a potential strike as a “national economic disaster,” and other industry leaders have warned the impact of such a strike would double each day as it continued. due to the growing backlog of cargo. Experts warn that coming at a time of record inflation, such a supply chain constraint would surely push consumer prices even higher.

The administration is looking to secure “other modes of transportation,” for any affected cargo, however it was noted that the trucking industry is already short 80,000 drivers, and it would require 467,000 long-haul trucks to move the cargoes.

MORE AT LINK: https://www.thefinancialtrends.com/2022/09/15/us-carriers-begin-to-prepare-for-a-rail-strike/

 



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1 posted on 09/14/2022 11:45:51 PM PDT by ransomnote
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To: ransomnote

Who will Joe Biden and the democrats blame this time?
It has been coming for months and it is the democrat party railroad union that is crippling the economy.


2 posted on 09/15/2022 12:05:45 AM PDT by minnesota_bound (Need more money to buy everything now)
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To: minnesota_bound

If this strike goes through and lasts for weeks, it might be the golden ticket for Oz in PA. And walker in GA. Fetterman and will have to side with labor. Oz will need to hammer this hard. This could give the GOP the Senate if the strike drags on.


3 posted on 09/15/2022 12:44:37 AM PDT by Poison Pill
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To: ransomnote

Please let me post an alternate idea, FRiend.

Let’s say the unions go on strike over the weekend. The MSM freaks out, everyone stocks up on food and toilet paper, and then Pres PoopyPants gets the unions (Democrat stooges) to agree to a deal.

Crisis averted.

Biteme is the hero.

It’s showtime…..


4 posted on 09/15/2022 2:27:12 AM PDT by datura (Eventually, the Lord and the Truth will win.)
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To: datura

I said the same thing yesterday. This reeks of a set-up.


5 posted on 09/15/2022 2:33:14 AM PDT by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: newnhdad

𝘐 𝘴𝘢𝘪𝘥 𝘵𝘩𝘦 𝘴𝘢𝘮𝘦 𝘵𝘩𝘪𝘯𝘨 𝘺𝘦𝘴𝘵𝘦𝘳𝘥𝘢𝘺. 𝘛𝘩𝘪𝘴 𝘳𝘦𝘦𝘬𝘴 𝘰𝘧 𝘢 𝘴𝘦𝘵-𝘶𝘱.

Various crises these days seem about as natural as a woman with breast implants, and a face lift.


6 posted on 09/15/2022 3:17:06 AM PDT by Antihero101607
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To: ransomnote

https://www.bloomberg.com/news/articles/2022-09-15/us-railroads-unions-agree-on-a-tentative-pact-government-says


7 posted on 09/15/2022 3:30:10 AM PDT by 9YearLurker
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To: newnhdad

WH has announced a tentative agreement. Statement from the Big Guy.


8 posted on 09/15/2022 3:32:35 AM PDT by mad_as_he$$ (Don't rush to your death.)
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To: ransomnote

Actually a brilliant move by the rail union.
Democrats will bend over backwards (or forwards) to avoid a strike and give the rail-raiders everything they want running up to the Nov. election.


9 posted on 09/15/2022 6:46:25 AM PDT by super7man (Madam Defarge, knitting, knitting, always knitting.)
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