Ending the Railroad Labor Fight: Deal, Strike, Delay or Congress

Railroads and unions have until Friday to resolve a labor dispute that risks a crippling shutdown of the nation’s freight-rail network, wreaking havoc on the US economy.

President Joe Biden has become personally involved in trying to break the impasse, underscoring the stakes for Democrats with less than two months until the November midterm elections. The White House on Tuesday began contingency planning to ensure critical materials reach consumers, a signal negotiations aren’t progressing fast enough.

WATCH: The White House says a railroad shutdown is unacceptable.

Source: Bloomberg

The two major unions still working to reach a deal cover some 57,000 workers. In the event of a strike, the 75% of ...