# Senate passes railroad legislation to prevent strike : NPR

> The Senate approved, 80-15, a bill imposing the rail labor contract and making a strike illegal, and rejected a paid sick leave amendment. Biden said he would sign it quickly.

- Date: 2022-12-01 · published 2022-12-01T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/38252-senate-passes-railroad-legislation-to-prevent-strike-npr
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Passage removes the threat of a rail shutdown that would have halted grain and oilseed product movements, supporting normal basis and freight conditions for feed buyers.

## Read by commodity

- SBM: neutral
- BARGE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-12-02 | [US Senate approves legislation preventing rail strike \| World Grain](https://feedsoft.ai/events/38256-us-senate-approves-legislation-preventing-rail-strike-world-grain.md) | +10.1% | +12.6% |
| SBM | 2022-12-02 | [Biden signs bill to block U.S. railroad strike](https://feedsoft.ai/events/38250-biden-signs-bill-to-block-u-s-railroad-strike.md) | +10.1% | +12.6% |
| SBM | 2021-05-28 | [Argentine port strike ends after vaccination agreement - DatamarNews](https://feedsoft.ai/events/47127-argentine-port-strike-ends-after-vaccination-agreement-datamarnews.md) | -0.7% | -10.7% |
| SBM | 2023-03-30 | [Rosario Ports Operating Normally Despite Strike](https://feedsoft.ai/events/36873-rosario-ports-operating-normally-despite-strike.md) | -1.0% | -4.8% |
| SBM | 2020-08-28 | [Argentina: Grains Port Workers Delay Strike](https://feedsoft.ai/events/51435-argentina-grains-port-workers-delay-strike.md) | +3.5% | +14.2% |

## Sources

- npr.org: https://www.npr.org/2022/12/01/1140123647/rail-strike-bill-senate

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.