Railroad strike, and the economic damage it would cause, looms closer | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

The first national rail strike in 30 years could start as early as Friday.

While two more rail unions reached tentative agreements with railroad management on new contracts Tuesday, the two most important unions — representing the engineers and conductors who make up the two-person crews on each train — remain at loggerheads in negotiations. If they don’t resolve their differences, the first national rail strike in 30 years could start early Friday.

Among the problems could be: The full economic impact would not be immediate, said Patrick Anderson, of Anderson Economic Group, which does economic impact estimates for work stoppages, although it would likely cost the economy tens of millions of dollars a day at the start. “The costs will grow geometrically the longer the strike lasts,” he said. “After a week, you’d see real damage in the US economy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

are we going to ignore her neck?

~ my dad took a train to new orleans and was supposed to take one back… flying back womp womp.

Biden just likes to cause trouble. That's his secret.

The strike will never happen, You/The Media are the largest Terror Organization in the world because you spread more terror than anybody else.

They must be literally crazy.

Thanks to Brandon

TRUMP WAS RIGHT

Curtis LIKE him

VVVANT TO HIRE Zach Vegas

What happened to cnn boycottcnn

Business Business Latest News, Business Business Headlines