Biden, unions, rail executives struggle for deal as shutdown looms


September 15, 2022

DETROIT/LOS ANGELES, Sept 14 (Reuters) - Biden administration officials hosted labor contract talks late on Wednesday to avert a potential rail shutdown that could disrupt cargo shipments and impede food and fuel supplies, but one small union rejected a deal and Amtrak canceled all long-distance passenger trips.

Railroads including Union Pacific (UNP.N), Berkshire Hathaway's (BRKa.N) BNSF and Norfolk Southern (NSC.N) have until a minute after midnight on Friday to reach deals with three holdout unions representing about 60,000 workers before a work stoppage affecting freight and Amtrak could begin.

Talks between labor unions and railroads, which started at 9 a.m, were still underway more than 12 hours later after 9 p.m. ET on Wednesday at the U.S. Labor Department's headquarters in Washington.


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