Off track: What a looming rail strike could mean for the US economy
2 years, 1 month ago

Off track: What a looming rail strike could mean for the US economy

Firstpost  

If freight trains stop running next month, nearly every industry in the United States will suffer. Jeff Sloan with the American Chemistry Council trade group said chemical plants could be close to shutting down by the time a rail strike actually begins because of that. Madrecki said big food companies don’t like to discuss the threat of a rail strike because of worries about product shortages can lead to panic buying. The National Grain and Feed Association said a rail strike now would hit pork and chicken producers in the southern US hardest, because their local supply of corn and soybeans from this year’s harvest is likely exhausted and they’d have to ship feed by truck, dramatically increasing costs. “But I think we will see the generalised disruption of really anything that moves by rail.” David Garfield, a managing director with the consulting firm AlixPartners, said a rail strike could still impact holiday items shipped to stores later in December, and would definitely hamper stocking of next season’s goods.

Trains Industry Supply Strike Freight Raw Materials Chemical Rail Railroads Rail Service Madrecki  supply  economy  rail  trains  nearly  track  railroads  freight  industry  feed  raw  mean  looming  strike

History of this topic

Rail strikes chaos brings Britain's creaking train lines to a halt - with commuters battling rush-hour travel hell as militant union stages fresh wave of walkouts amid pay row
7 months, 2 weeks ago

Rail strikes chaos brings Britain's creaking train lines to a halt - with commuters battling rush-hour travel hell as militant union stages fresh wave of walkouts amid pay row

Daily Mail  

Commuters are facing rush-hour travel hell today as rail services on some of the busiest commuter routes in the country will be hit by fresh strikes in long-running pay dispute. Greater Anglia Most routes will have no service on Tuesday, but there will be a reduced service on a small number of key routes into London for fewer hours of …

Train strike latest: Commuters' joy as rail strikes force millions to WFH on first day back
1 year, 11 months ago

Train strike latest: Commuters' joy as rail strikes force millions to WFH on first day back

Daily Mail  

Britain's cities look like they are in lockdown today after striking rail workers were accused of 'exploiting' the chance to walk out on the first day back at work for millions after the Christmas break in another hammer blow to the economy and businesses. Today was meant to be the first day back in the office for millions, but the …

A rail strike looms and impact on US economy could be broad
2 years, 1 month ago

A rail strike looms and impact on US economy could be broad

Associated Press  

— American consumers and nearly every industry will be affected if freight trains grind to a halt next month. Jeff Sloan with the American Chemistry Council trade group said chemical plants could be close to shutting down by the time a rail strike actually begins because of that. Madrecki said big food companies don’t like to discuss the threat of …

From carmakers to refiners, industries brace for rail strike
2 years, 3 months ago

From carmakers to refiners, industries brace for rail strike

Associated Press  

Car buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could be snarled. ___ COMMUTING Metra commuter rail service, which operates in the Chicago area, said Wednesday that it would suspend operations on four of its 11 lines on Friday if a work …

A last-minute deal stopped a massive railroad strike. Here’s how it happened
2 years, 3 months ago

A last-minute deal stopped a massive railroad strike. Here’s how it happened

LA Times  

President Biden on Thursday celebrated a last-minute agreement between railway companies and union leaders averting a potential strike that could have slowed commerce and delivered another blow to an already volatile economy. “Our nation’s rail system is the backbone of our supply chain.” Railroad and union officials applauded the agreement, reached after three years of bargaining. “We listened when our …

Businesses, White House plan for possible rail strike Friday
2 years, 3 months ago

Businesses, White House plan for possible rail strike Friday

Associated Press  

— Business and government officials are bracing for the possibility of a nationwide rail strike at the end of this week while talks carry on between the largest U.S. freight railroads and their unions. The railroads have already started to curtail shipments of hazardous materials and have announced plans to stop hauling refrigerated products ahead of Friday’s strike deadline. Ron …

As deadline looms, railroads say strike would cost $2B a day
2 years, 3 months ago

As deadline looms, railroads say strike would cost $2B a day

Associated Press  

— Major freight railroads, in a bid to apply pressure on unions and Congress, say a strike that could come after a key deadline passes next week would cost the economy more than $2 billion a day and disrupt deliveries of all kinds of goods and passenger traffic nationwide. The railroad trade group said a strike would idle some 7,000 …

Emergency plans to stop food crisis as biggest rail strike in modern British history looms
2 years, 7 months ago

Emergency plans to stop food crisis as biggest rail strike in modern British history looms

The Telegraph  

Rail bosses are drawing up emergency plans to stop what is expected to be the biggest rail strike in modern history leaving supermarket shelves empty and petrol pumps dry. The Rail, Maritime and Transport Workers union is midway through a ballot for strike action of workers at train operators and Network Rail, with voting due to close on Tuesday. Other …

Massive wave of rail strikes spark fear for food supply
2 years, 7 months ago

Massive wave of rail strikes spark fear for food supply

The Telegraph  

Rail reforms being considered fit into four broad sections: pensions reform, reducing headcount, agreeing new pay deals and plans to shut hundreds of train station ticket offices. A Government source says: “It’s very strongly felt … that we need to create a railway system that’s sustainable for the future. Is your local train company going to end up being the …

Rail passengers face severe New Year travel disruption
2 years, 11 months ago

Rail passengers face severe New Year travel disruption

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. LNER, the main operator on the East Coast main line from London King’s Cross to Yorkshire, northeast England and Scotland, …

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