# POLITICO 
 Politico Logo

> The heads of 13 rail unions and the largest freight rail carriers reached a tentative agreement early Thursday morning. The deal came less than 24 hours before workers could have walked off the job. The agreement is subject to ratification.

- Date: 2022-09-14 · published 2022-09-14T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/39628-politico-politico-logo
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The deal lowers the risk of a rail shutdown that would have disrupted grain and feed deliveries. Normal rail service should support steady origin basis and export flows.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-04-21 | [Agriculture minister pushes for end to CP Rail's labour woes - iPolitics](https://feedsoft.ai/events/65528-agriculture-minister-pushes-for-end-to-cp-rail-s-labour-woes-ipolitics.md) | +1.1% | +0.0% |
| WHEAT | 2022-07-19 | [Early, speedy harvest poses logistical challenges - Farmers Weekly](https://feedsoft.ai/events/40554-early-speedy-harvest-poses-logistical-challenges-farmers-weekly.md) | -11.3% | -0.2% |
| WHEAT | 2024-08-30 | [Ukraine. Logistics 2024/25 – Greater Odessa ports handling more and more grain](https://feedsoft.ai/events/14277-ukraine-logistics-2024-25-greater-odessa-ports-handling-more-and-more-grain.md) | +4.1% | +14.8% |
| WHEAT | 2019-08-23 | [Port Otago workers issue strike notice](https://feedsoft.ai/events/57598-port-otago-workers-issue-strike-notice.md) | +1.9% | +0.3% |
| WHEAT | 2017-11-24 | [Logistics slows down EU wheat exports and pushes prices](https://feedsoft.ai/events/67887-logistics-slows-down-eu-wheat-exports-and-pushes-prices.md) | -0.1% | +0.4% |

## Sources

- politico.com: https://www.politico.com/news/2022/09/14/first-railroad-union-authorize-strike-00056629

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