Businesses urge the White House to intervene as rail strike concerns grow

With another union rejecting a prior labor deal, businesses are asking Congress and the White House to step in.

A group of more than 300 businesses from various industries penned a letter to President Biden, urging him to step in and get the deal he brokered approved. The President approved a board of arbitrators over the summer to try and resolve the dispute to no avail.

All 12 unions must sign off on the deal to prevent a rail strike by November 19th. Six smaller unions have already signed off on the deal with four others expected to vote in the coming weeks. Two have rejected it.

LATEST STORIES BY THIS AUTHOR:

UNL Animal Science Ph.D candidate Anna Kobza joined us on Tuesday’s Market Day Report to share her agriculture story and tips for other producers hoping to share their ag stories online or with the media.
Herd rebuilding looks slow, keeping cattle prices supported; beef-on-dairy crosses help fill feedlots, while imports temper—but don’t erase—tightness.
China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
Lamb prices have seen a surprising surge driven by a tight supply and increasing demand in non-traditional markets.
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.