Reuters reports possible good news on US rail strike saga
U.S. railroad parties have agreed to a cooling-off period as part of the ratification process after reaching a tentative deal overnight, a move that would avoid any shutdowns in the event unions don’t ratify it, an official said on Thursday. source close to the situation.
US President Joe Biden called negotiators around 9 p.m. Wednesday night as talks continued in a move the source said was “crucial” as talks progressed through 8 p.m. into the night.
As a reminder, almost 30% of freight in the United States travels by rail, and with the harvest season, a national strike would be very damaging.
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