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Ending the Railroad Labor Fight: Deal, Strike, Delay or Congress

  • Biden trying to broker deal on contract, avert work stoppage
  • Growing concern in Congress that workers will strike
Bloomberg business news
WATCH: The White House says a railroad shutdown is unacceptable.Source: Bloomberg

Railroads and unions have until Friday to resolve a labor dispute that risks a crippling shutdown of the nation’s freight-rail network, wreaking havoc on the US economy. 

President Joe Biden has become personally involved in trying to break the impasse, underscoring the stakes for Democrats with less than two months until the November midterm elections. The White House on Tuesday began contingency planning to ensure critical materials reach consumers, a signal negotiations aren’t progressing fast enough.