A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day. FOX13
A BNSF freight train with 76 container cars and FedEx freight trailers travels from Seattle to points east on August 23, 2021 in Livingston, Montana.
A stoppage of freight cars impacts shipments and could be detrimental to the U.S. economy because there would be a scarcity of items on store shelves, and the cost of goods would increase amid high inflation.projecting that the economy would take a $2-billion-a-day hit if trains stop moving. The report added that passenger traffic could be disrupted because Amtrak and other commuter railroads use tracks owned by the freight railroads.
In the contract talks, the unions also opposed railroad proposals to cut train crews down from two people to one. Union officials tell the AP they don’t want to strike but they appear ready to act if it does come to that. The Brotherhood of Locomotive Engineers and Trainmen said that more then 99% of its members voted to authorize the union to go on strike if a deal can’t be reached.
Five of the 12 railroad unions that together represent 115,000 workers had already reached tentative agreements based on the PEB’s recommendations that will deliver 24% raises and $5,000 in bonuses over a five-year contract that's retroactive to 2020.
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