U.S. Freight Railroads Prepare For Potential Strike Disruption (IB Times)

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    U.S. Freight Railroads Prepare For Potential Strike Disruption – By Lisa Baertlein and David Shepardson (IB Times) / Sept 10, 2022

    Major U.S. freight railroads said on Friday they were preparing for a possible strike and service disruption a week before a deadline in protracted labor talks.

    BNSF, owned by Berkshire Hathaway, and CSX said they were taking necessary steps to secure the shipments of hazardous and security-sensitive materials in the event of a strike.

    “While these preparations are necessary, it does not mean that a work stoppage is inevitable,” BNSF said in a statement to Reuters.

    Contract negotiations between railways including BNSF, Union Pacific, CSX and unions representing 115,000 workers hit an impasse this summer after more than two years of talks. Failure to reach a settlement before a cooling-off period expires on Sept. 16 could open the door to strikes, employer lockouts and congressional intervention.

    CONTINUE > https://www.ibtimes.com/us-freight-railroads-prepare-potential-strike-disruption-3611455

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