Author Topic: How a railroad strike could send food prices soaring  (Read 143 times)

0 Members and 1 Guest are viewing this topic.

Offline Ptarmigan

  • Bunny Slayer
  • Hero Member
  • *****
  • Posts: 22196
  • Reputation: +738/-225
  • God Hates Bunnies
How a railroad strike could send food prices soaring
« on: September 11, 2022, 08:55:49 PM »
How a railroad strike could send food prices soaring
https://wgntv.com/news/nexstar-media-wire/how-a-railroad-strike-could-send-food-prices-soaring/

Quote
(The Hill) – The nation’s supply of food could take a hit if railroad workers go on strike, driving up prices at the grocery store and limiting U.S. grain exports to countries facing famine. 

As soon as next week, 115,000 freight rail workers could walk out if they cannot reach a new contract with railroads, potentially shutting down the national rail network that transports 20 percent of all grain shipments.

While unions say they want to avert a strike, and Congress has the power to block it, the U.S. food sector is rattled by the prospect of a national railroad shutdown in the middle of peak harvest season.

A railroad strike is possible. If they go, it is likely to cause food prices to rise even further and lead to more supply chain problems.

Quote
U.S. rail workers could legally strike as soon as Sept. 16 after the White House-appointed Presidential Emergency Board (PEB) released recommendations last month meant to bring railroads and unions closer to a deal.

Five unions have reached tentative agreements with railroads on a new contract based on the PEB recommendations, which call for 24 percent raises over five years and back pay but don’t address workers’ concerns about grueling hours and limited time off.

The bulk of rail workers belong to unions that haven’t struck a deal. And a recent online survey from grassroots group Railroad Workers United found that more than 9 in 10 railroad workers would vote to reject the PEB recommendations and go on strike. 

If workers vote for a strike, Congress would likely intervene to block it. They could then vote to fast-track a new contract. Railroads, retailers, growers and other industries are largely urging lawmakers to simply implement the terms laid out by the PEB. 

Even if strike is averted, food prices are going to continue rising.

Even If Freight Railways Avoid a Strike, Costs Will Rise
https://www.barrons.com/articles/stocks-poised-to-open-higher-on-monday-51662936602
« Last Edit: September 11, 2022, 09:10:36 PM by Ptarmigan »
Never interrupt your enemy when he is making a mistake.
-Napoleon Bonaparte

Allow enemies their space to hate; they will destroy themselves in the process.
-Lisa Du

Offline Ptarmigan

  • Bunny Slayer
  • Hero Member
  • *****
  • Posts: 22196
  • Reputation: +738/-225
  • God Hates Bunnies
Re: How a railroad strike could send food prices soaring
« Reply #1 on: September 14, 2022, 06:22:01 PM »
Bernie Sanders Blocks Proposal Which Would Avoid Rail Strike
https://www.zerohedge.com/political/rail-shutdown-looms-large-even-congress-steps

Quote
Update (1750ET):

Sen. Bernie Sanders (I-VT) blocked a Republican effort to require railroad employees and companies to accept recommendations of a nonpartisan panel in order to avoid a strike which, if it goes through, will impact millions of Americans.

The GOP resolution - introduced by Senate Health, Education, Labor and Pension Commission Ranking Member Richard Burr (R-NC) and Sen. Roger Wicker (R-MI), would have required railroad workers to adopt the outlines of a labor deal, The Hill reports.

According to the Vermont Senator, railroad companies are making 'huge profits' and should treat employees more fairly.

"The rail industry has seen huge profits in recent years and last year alone made a record breaking $20 billion in profit," he said. "Last year the CEO of CSX made over $20 million in total compensation while the CEOs of Union Pacific and Norfolk Southern made over $40 million each in total compensation."

Sanders contrasted that to freight rail workers who are "entitled to a grand total of zero sick days."

Senator Bernie Sanders blocked a deal that could avoid a rail strike soon.
Never interrupt your enemy when he is making a mistake.
-Napoleon Bonaparte

Allow enemies their space to hate; they will destroy themselves in the process.
-Lisa Du

Offline Ptarmigan

  • Bunny Slayer
  • Hero Member
  • *****
  • Posts: 22196
  • Reputation: +738/-225
  • God Hates Bunnies
Re: How a railroad strike could send food prices soaring
« Reply #2 on: September 14, 2022, 06:24:36 PM »
BREAKING: Amtrak cancels passenger service ahead of railroad strike
https://thepostmillennial.com/breaking-amtrak-cancels-passenger-service-ahead-of-railroad-strike

Quote
US passenger railroad Amtrak on Monday canceled trips on three long-distance routes due to potential worker strikes that may begin as soon as Friday, reported Reuters.

Amtrak workers are not involved in a labor dispute, but the company's trains operate almost all of their 21,000 route miles outside the Northeast Corridor (NEC) on tracks owned, maintained, and dispatched by freight railroads, whose union workers are gearing up to strike. According to a Daily Mail report, International Association of Machinists and Aerospace Workers announced on Wednesday that its 4,900 workers voted to reject a deal its leaders reached with freight railroad companies.

Amtrak announced it will begin suspending service for the Southwest Chief route from Chicago to Los Angeles, the Empire Builder route from Chicago to Seattle, the California Zephyr route from Chicago to San Francisco, and the Los Angeles to San Antonio portion of the Texas Eagle route starting Tuesday.

Amtrak has cancelled long distance routes due to looming railroad strike.
Never interrupt your enemy when he is making a mistake.
-Napoleon Bonaparte

Allow enemies their space to hate; they will destroy themselves in the process.
-Lisa Du

Offline DefiantSix

  • Starship Captain and all around
  • Hero Member
  • *****
  • Posts: 15834
  • Reputation: +1377/-185
Re: How a railroad strike could send food prices soaring
« Reply #3 on: September 14, 2022, 07:07:00 PM »
Amtrak has cancelled long distance routes due to looming railroad strike.

#JoeThePedophile and the other five regular riders disappointed...
"Stand your ground. Don't fire unless fired upon, but if they mean to have a war, let it begin here." -- Capt. John Parker


"I'm not looking for forgiveness, and I'm way past asking permission" -- Capt. Steve Rogers

Offline Ralph Wiggum

  • It's unpossible that I'm a
  • Hero Member
  • *****
  • Posts: 17433
  • Reputation: +1461/-47
Re: How a railroad strike could send food prices soaring
« Reply #4 on: September 14, 2022, 07:29:11 PM »
#JoeThePedophile and the other five regular riders disappointed...

It is actually affecting regular commuter trains in major cities throughout the country (Chicago, NY, DC, Boston, Philly). Read that Chicago has already suspended service on their METRA lines.

Somehow the libtards will claim this is Putin's fault or the Ultra-MAGA folks.
Voted hottest "chick" at CU - My hotness transcends gender


Offline SVPete

  • Hero Member
  • *****
  • Posts: 23422
  • Reputation: +1649/-225
Re: How a railroad strike could send food prices soaring
« Reply #5 on: September 15, 2022, 08:31:57 AM »
SecTrans Pete is MIA, unsurprisingly, since he was a check-of-box choice with zero experience or competence.
Anti-Covid-Vaxxer pig crap claim/prediction, Doctor: Heart Failure from mRNA Jabs "Will Kill Most People" | Principia Scientific Intl. ; Dr. Geert Vanden Bossche Warns COVID-19 Jab Injuries and Deaths Will Soon "Collapse Our Health System" (VIDEO) ; Fully Vaxxed May 2021; Since that time I've done 9 5Ks, 1 8K, 8 10Ks, and 4 half marathons

Offline ADsOutburst

  • Hero Member
  • *****
  • Posts: 3128
  • Reputation: +608/-9
Re: How a railroad strike could send food prices soaring
« Reply #6 on: September 15, 2022, 09:50:24 AM »
Sounds like there is now a tentative deal.

Offline enslaved1

  • If you choke a Smurf, what color does it turn?
  • Hero Member
  • *****
  • Posts: 1152
  • Reputation: +207/-2
Re: How a railroad strike could send food prices soaring
« Reply #7 on: September 15, 2022, 10:28:38 AM »
Sounds like there is now a tentative deal.

Darn, I was kind of hoping to be able to tell moonbats that Biden can't even get the trains to run on time.   :bolt:
Romans 6:17-18 But thanks be to God, that you who were once slaves of sin have become obedient from the heart to the standard of teaching to which you were committed, and, having been set free from sin, have become slaves of righteousness.

Offline SVPete

  • Hero Member
  • *****
  • Posts: 23422
  • Reputation: +1649/-225
Re: How a railroad strike could send food prices soaring
« Reply #8 on: September 15, 2022, 11:56:44 AM »
Looks like LIEden arm-twisted the railroads into taking the BOHICA treatment from the unions, https://pjmedia.com/news-and-politics/rick-moran/2022/09/15/biden-head-knocking-leads-to-tentative-sweet-deal-for-rail-unions-n1629718 .
Anti-Covid-Vaxxer pig crap claim/prediction, Doctor: Heart Failure from mRNA Jabs "Will Kill Most People" | Principia Scientific Intl. ; Dr. Geert Vanden Bossche Warns COVID-19 Jab Injuries and Deaths Will Soon "Collapse Our Health System" (VIDEO) ; Fully Vaxxed May 2021; Since that time I've done 9 5Ks, 1 8K, 8 10Ks, and 4 half marathons