EXPLAINER: Rail strike would impact consumers, businesses

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EXPLAINER: Rail strike would impact consumers, businesses
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Here are key things to know ahead of a possible strike this Friday.

A worker rides a rail car at a BNSF rail crossing in Saginaw, Texas, Wednesday, Sept. 14, 2022. Business and government officials are preparing for a potential nationwide rail strike at the end of this week while talks carry on between the largest U.S. freight railroads and their unions.

Government mediators tried to broker agreements, but that didn’t work. President Joe Biden then appointed a presidential emergency board, which held hearings andMany of the unions have reached tentative agreements with the railroads, but two large unions representing engineers and train conductorson working conditions. Workers represented by the machinists’ union rejected a deal negotiated by their leaders, although that union agreed to delay any strike until Sept. 29.

The major railroads have cut nearly one-third of their jobs in the last six years, and unions say that's making the work of their members harder. They want railroads to ease strict attendance policies that make it difficult to take time off for things like doctor appointments.Railroads such as Union Pacific, BNSF, CSX and Norfolk Southern carry cars, coal, chemicals, grain, imported goods and other products and raw materials throughout the country.

Around the country, some local commuter rail lines also depend on tracks owned by the big freight railroads. The Chicago area’s Metra commuter line said that if there is a strike it will suspend operations on four of its 11 lines on Friday.The White House is clearly worried that any disruption in supply chains just weeks before the November midterm elections could anger consumers, who are already facing the highest inflation in 40 years.

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