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The U.S. House voted 290-137 to pass a resolution blocking a national rail strike that was set for as early as December 9. A separate bill granting seven days of paid sick leave to rail workers passed 221-207.
The package now moves to the Senate, where the sick-leave provision faces a harder path.
Passage in the House lowers the probability of a rail stoppage that would disrupt grain and fertilizer freight. The remaining Senate uncertainty keeps some freight risk premium in the market.
dtnpf.comChris ClaytonNov 30, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
