Miscellaneous

Small businesses, truckers and the rail industry are warning that a major economic fallout would occur if railway unions follow through with a strike beginning Friday, including further supply chain delays, increased inflation, lost jobs and shuttered businesses.

Manufacturing and business groups from eight Midwestern states sent a letter to Capitol Hill on Tuesday urging congressional action, if necessary, to stop a possible rail strike that could stress an already struggling supply chain.

Roughly 4,900 members of the International Association of Machinists and Aerospace Workers (IAM) District 19 have voted to reject the Tentative Agreement with the National Carriers’ Conference Committee (NCCC).

A nationwide rail service interruption could cost more than $2 billion per day, a new Association of American Railroads (AAR) report found.