More than 400 groups on Monday called on Congress to intervene in an ongoing railroad labor standoff that threatens to idle shipments of food and fuel and strand rail travelers while inflicting billions of dollars of economic damage.
Workers in four unions have rejected a tentative contract deal announced in September, while eight approved it. A rail traffic stoppage could freeze almost 30 per cent of U.S. cargo shipments by weight, stoke inflation and cost the American economy as much as $2-billion per day by unleashing a cascade of transport woes affecting U.S. energy, agriculture, manufacturing, healthcare and retail sectors.
Last week, the U.S. Chamber implored lawmakers to step in one day after members of the country’s biggest railroad union rejected a tentative agreement.
Source: Financial Digest (financialdigest.net)
Those bread lines are coming folks because if these train stop moving the goods stop moving and layoffs are in the future just before the holiday season! Sorry folks it looks like it’s going to be a hard Candy Christmas!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COVID update for Nov. 24-30: Number of people in ICU increases | Clinics help patients get through their day | Omicron still driving surges and worriesHere\u0027s your weekly update with everything you need to know on the COVID situation in B.C. and around the world. Bill 36 should help with this.
Source: VancouverSun - 🏆 49. / 61 Read more »
Wind, winter storm warnings posted throughout B.C., conditions to ease SundayThe heaviest snow is forecast for Fort Nelson, where the weather office says accumulations could exceed 30 centimetres Dang cLiMatE ChAnGe ..... and so it begins polarvortex 🥶🥶🥶
Source: globeandmail - 🏆 5. / 92 Read more »
Things to know to help you plan your week in Newfoundland and Labrador Nov. 28-Dec. 4 | SaltWireST. JOHN'S, N.L. — The deadline to apply for a rebate for the Newfoundland and Labrador government's home heating supplement program is Wednesday, Nov. 30.
Source: SaltWire Network - 🏆 45. / 63 Read more »
Cloudy, chance of flurries or rain in Ottawa on MondayEnvironment Canada’s weather forecast calls for a 30 per cent chance of flurries or rain showers this morning. ottnews Wow, my app says just cloudy with no precipitation wow is this supposed to scare people? really ctv? the horror...
Source: ctvottawa - 🏆 29. / 67 Read more »
W5: Qatar's World Cup, part fourMidfielder Ismael Kone made an immediate impression in his debut with the Montreal Impact and caught the eye of the Canadian national team.
Source: CTVCalgary - 🏆 26. / 68 Read more »
Somali forces still battling with al-Shabab in hotel attackThere were reports of gunfire Monday morning at the hotel in Somalia’s capital. There has been no immediate word of any casualties
Source: globeandmail - 🏆 5. / 92 Read more »