Crop and Car Shipments Set to Halt on US Rail-Strike Threat (2)

Sept. 14, 2022, 7:38 PM UTC

US railroads are poised to stop shipments of farm products and other key goods starting Thursday as the industry braces for a possible labor strike that could cost the world’s biggest economy more than $2 billion a day.

Norfolk Southern Corp. plans to halt unit train shipments of bulk commodities on Thursday ahead of a potential freight strike the following day. The railroad also said it would stop accepting automobiles for transit at its facilities starting Wednesday afternoon. Other freight railroads are likely to follow suit, according to one agriculture group.

“We are hearing several rail carriers are tentatively planning ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.