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News & Press: Industry

U.S. Railroad Strike Averted by Tentative Late-Night Deal

Thursday, September 15, 2022   (0 Comments)
Posted by: Alyce Ryan

Sept 15 (Reuters) - Major U.S. railroads and unions secured a tentative deal after 20 hours of intense talks brokered by the Biden administration to avert a rail shutdown that could have hit food and fuel supplies across the country and beyond.

U.S. President Joe Biden announced the deal in a statement early on Thursday morning, calling it "a win for tens of thousands of rail workers who worked tirelessly through the pandemic to ensure that America's families and communities got deliveries of what have kept us going during these difficult year. Read More