Texas agriculture and petroleum industries, among others, could face major transportation backlogs if a new contract is not reached by railroad companies and two major unions by Thursday night.
The Union Pacific Englewood rail yard in Houston. Rail workers have threatened a national strike to begin Thursday night, which could have far-reaching impacts in Texas., our daily newsletter that keeps readers up to speed on the most essential Texas news.
The Biden administration is urging the two sides to compromise as the deadline for resolving quickly approaches: At 11:01 p.m. Central time Thursday, a federally mandated 30-day “cooling off” period ends. “Over half of rail freight is bulk goods such as agricultural or petroleum products, clearly important Texas industries,” said Ray Perryman, an economist based in Waco. “A rail strike at this time would be another blow to an already weakened supply chain.”
Pedro Reyes, a professor of supply chain management at Baylor University, said no matter what happens, motorists could see gas prices increase as a result of the dispute because petroleum products are often transported via railroad. If the parties don’t come to an agreement, the work stoppage would be the first railroad strike in decades.
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Key Texas industries could face bottlenecks over railroad labor disputeIf railroad companies and workers can’t resolve their dispute by Thursday night, the country could see its first railroad strike in 30 years.
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Pressure mounts on US railroads and unions to reach a dealFreight railroads and their unions are facing increasing pressure from business groups and the White House to settle their contract dispute.
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Amtrak Suspends Texas Eagle Service Ahead of Looming Freight Railroad StrikeAmtrak announced that service on the Texas Eagle would be suspended starting Wednesday, as it prepares for a freight railroad strike that could impact its trains.
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US govt seeks deal as freight rail strike loomsBiden administration races to avert rail shutdown as smaller union rejects tentative deal with the largest US freight railroads ahead of a strike on Friday, expected to bring 7,000 trains to a halt and cost $2 billion a day
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Amtrak cancels some trips as national railway strike loomsThe schedule changes come amid a potential railroad work stoppage due to a labor dispute between railroad companies and unionized workforces. If the two sides aren't able to come to an agreement this week, the stoppage could begin late Friday.
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