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Railway service disruption to affect US steel shipping

发布时间:[2022-9-16 16:26:16]    浏览量:386次

According to the Steel Manufacturers Association, if US railroads and unions failed to reach an agreement on the new contract before September 16, the potential rail strikes would negatively impact shipments of finished and semi-finished steel products as well as steel-making raw materials.

Any disruption of freight railway services will lead to delays and cost increases, hurting businesses of the whole industry, said the association.

Currently, 10 of the 12 major unions have reached an agreement, except the Brotherhood of Locomotive Engineers and Trainmen and the SMART Transportation Division. If the two parties cannot resolve their differences voluntarily, Congress will intervene to avoid any disruption of railway services.

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