OMAHA, Neb. —
“A potential rail strike only adds to the headwinds facing the U.S. economy,” the businesses wrote. “A rail stoppage would immediately lead to supply shortages and higher prices. The cessation of Amtrak and commuter rail services would disrupt up to 7 million travelers a day. Many businesses would see their sales disrupted right in the middle of the critical holiday shopping season.
Rep. Brian Fitzpatrick, R-Pa., said on Fox News Sunday that Congressional intervention is a last resort, but lawmakers will have to be ready to act. Both the unions and railroads have been lobbying Congress while contract talks continue. Four rail unions that represent more than half of the 115,000 workers in the industry have rejected the deals that President Joe Biden helped broker before the original strike deadline in September and are back at the table trying to work out new agreements.
Biden delayed this until after the midterms, now he's stuck.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: svbizjournal - 🏆 334. / 59 Read more »
Source: NBCDFW - 🏆 288. / 63 Read more »