Amtrak to suspend trains: Here's what you need to know as railroad strike looms
A possible national railroad strike is looming over the U.S. supply chain and adding to the inflation fears that have roiled markets this week.
Why are rail unions striking? Trouble has been brewing for close to three years. In July, President Joe Biden intervened to avert a strike, naming a panel of arbitrators to mediate the contract disputes. Half of commuter rail systems operate at least in part on tracks or rights of way owned by freight railroads, so “a shutdown would also disrupt hundreds of thousands of commuter daily rail trips across the country,” the AAR said.
Commuter railroads such as Southern California’s Metrolink on Wednesday put up service advisories in case of a strike. New York’s MTA and New Jersey Transit, two of the major commuter railroads in the U.S., told MarketWatch they don’t anticipate disruptions. In the Chicago area, however, the Metra commuter line said it will suspend operations on four of its 11 lines if there is a strike Friday.
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