# Biggest U.S. rail union digs in on paid sick time, raising threat of strike

> The SMART-TD train and engine union, the largest U.S. rail union, narrowly voted to reject a tentative contract brokered by the Biden administration in September. Three other unions have also rejected the deal, raising the risk of a year-end national rail strike. The strike could strand food and fuel shipments.

- Date: 2022-11-21 · published 2022-11-21T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/38717-biggest-u-s-rail-union-digs-in-on-paid-sick-time-raising-threat-of-strike
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A rail shutdown would halt grain, ethanol and fertilizer movements, pushing up freight costs and disrupting feed supply chains. Buyers should expect firmer freight and basis pressure if talks fail.

## Read by commodity

- BARGE: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/us/two-largest-us-rail-unions-report-contract-vote-monday-2022-11-21/

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