Somalia: ‘I sold the last three goats, they were likely to die’Read more Merck Foundation and African First Ladies marking World Cancer Day 2023 through 110 scholarships of Oncology Fellowships in 25 countriesRead more Supporting women leaders and aspirants to unleash their potentialRead more Fake medicines kill almost 500,000 sub-Saharan Africans a year: United Nations Office on Drugs and Crime (UNODC) reportRead more Climate crisis and migration: Greta Thunberg supports International Organization for Migration (IOM) over ‘life and death’ issueRead more United Nations (UN) Convenes Lake Chad Countries, Amid Growing Regional CrisisRead more 11 Disruptive Startups Selected for Cohort 3 of the Africa Startup Initiative Program (ASIP) Accelerator Program powered by Startupbootcamp AfricaRead more Africa Data Centres breaks ground on new Sameer facility in NairobiRead more Coffee with a human face: A union that improves livelihoods for Ugandan farmersRead more Trends Predicted to drive the retail industry in 2023Read more

Negotiators reach ‘tentative’ deal to avert US freight rail strike

show caption
NEW YORK, US - A view of a train platform as negotiators have reached a "tentative" deal after US freight rail strike in New York, United States on September 15, 2022. (Lokman Vural Elibol - Anadolu Agency)
Print Friendly and PDF

Sep 16, 2022 - 02:29 AM

WASHINGTON (AA) – Negotiators have reached a “tentative” deal to avert a potential freight rail strike that could result in a multi-billion dollar blow to the American economy, President Joe Biden announced Thursday.

Biden said the agreement, which could avert a $2 billion per day blow to the economy, is “an important win for our economy and the American people.”

“It is 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 years,” he said in a statement.

Talks mediated by Labor Secretary Marty Walsh had been trying to reach compromise between rail companies and union negotiators for 20 consecutive hours before the deal was reached, according to the Labor Department.

“Secretary Walsh and the Biden Administration applauds all parties for reaching this hard-fought, mutually beneficial deal. Our rail system is integral to our supply chain, and a disruption would have had catastrophic impacts on industries, travelers and families across the country,” it added.

The announcement that a deal had been reached came one day after Amtrak, the US’s largest passenger rail operator, announced that it would suspend long-distance service as it uses freight rail lines to ferry passengers across the country.

The strike was set to take effect Friday.

Walsh lauded the parties involved “for reaching this hard-fought, mutually beneficial deal.”

“Our rail system is integral to our supply chain, and a disruption would have had catastrophic impacts on industries, travelers and families across the country,” he said on Twitter.

MAORANDCITIES.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.