Potential railroad strike could make supply chain issues worse

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Potential railroad strike could make supply chain issues worse
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Two major union coalitions are negotiating contracts with freight rail companies, including Jacksonville-based CSX.

As the nation continues to grapple with supply chain issues, concerns are growing that more than 100,000 railroad workers could strike as early as Friday.– As the nation continues to grapple with supply chain issues, concerns are growing that more than 100,000 railroad workers could strike as early as Friday.

If negotiations aren’t settled by Friday, what’s called a “cooling off” period ends and the strike could begin. An estimate by the railroad industry is it could cost the country roughly $2 billion a day.James Poindexter, a labor and employment attorney with Delegal and Poindexter, says large negotiations like these often involve several unions.

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Crippling nationwide railroad strike could happen as soon as FridayCrippling nationwide railroad strike could happen as soon as FridayIf the two sides can't agree on a deal by the end of the week, Congress is expected to step in to block a strike because of the dire economic consequences it would create.
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