NRF Asks Congress to Prevent Freight Railroad Strike
National Retail Federation CEO Matthew Shay said Congress needs to "intervene immediately to avoid a rail strike and a catastrophic shutdown of the freight rail system." His statement was released Nov. 21, after news that a fourth union has rejected…
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a tentative agreement between the railroads and 12 unions that work for them. “American businesses and families are already facing increased prices due to persistent inflation, and a rail strike will create greater inflationary pressures and will threaten business resiliency," he said. There is a cooling off period that ends Dec. 8, and Shay said Congress must step in before then.