The threat of a U.S. freight rail strike remains possible, as some rail unions have yet to ratify last week’s tentative deal reached by their leadership, with some local members already rejecting the terms.
If just one of the unions decides to reject the brokered deal, the agreement would collapse and strikes may begin.
The Biden administration mediated a deal directed by Labor Secretary Marty Walsh between railroad executives and union leaders, in order to avert a national rail strike and service shutdown that would have threatened to disrupt most rail operations throughout the nation and wreak havoc on the economy….