Luke Sharrett/Bloomberg Freight railways warn that a strike by their workers threatened for midnight Thursday would cost the economy billions of dollars a day.Railroads carry nearly 30% of the country's freight, and unless the half dozen big operators reach a deal with workers before the early hours of Sept. 16, there could be a strike or a management lockout. Supply chains from agriculture to automobiles would get new snarls in a railroad work stoppage. The Biden administration is making an all-out push to avoid that.

https://www.barrons.com/articles/-rail-strike-economy-51663100305

#barrons