With the impending rail strike, freight distribution across the US could drastically slow down. Railroads are already halting shipments in anticipation of a stoppage later this week.
“The Association of American Railroads trade group put out a report last week estimating that shutting down the railroads would cost the economy $2 billion a day,”Josh Funk, Associated Press
They also suggested trucking in its current form wouldn’t be able to make up the slack: “roughly 467,000 additional trucks a day would be needed to handle all the freight railroads deliver.”
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Pressure mounts on US railroads and unions to reach a deal
As deadline looms, railroads say strike would cost $2B a day