Evening Edition: Rail Strike And Supply Chain Disaster Averted…For Now
After long negotiations, it was announced on Thursday morning that the looming railroad strike has been averted. The freight rail companies and rail workers unions reached a tentative agreement, with President Biden and his administration reportedly playing a role in brokering this deal. A potential national railroad strike would have disrupted freight and commuter lines, which economists agree would have devastated the U.S. economy. Fox Business’ Jeff Flock joins the podcast to break down the rail workers’ demands for better working conditions, the damage a national rail strike could have wreaked on American supply chains, and what comes next for ratifying this agreement among the rail unions.