# Congressional Record, Volume 168 Issue 148 (Wednesday, September 14, 2022)

> A Senate floor statement warned of a looming rail strike set for Friday that could cause a national rail shutdown. The unions representing more than 115,000 workers had not reached a contract agreement with the railroads. The speaker said rail carries nearly 30% of U.S. freight, including agricultural products.

- Date: 2022-09-14 · published 2022-09-14T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/39629-congressional-record-volume-168-issue-148-wednesday-september-14-2022
- 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 political attention signals the stakes of a possible rail stoppage for farm and feed shipments. The statement itself does not change supply, so its direct price impact is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2016-12-05 | [Federal Register, Volume 81 Issue 233 (Monday, December 5, 2016)](https://feedsoft.ai/events/73497-federal-register-volume-81-issue-233-monday-december-5-2016.md) | +4.0% | +3.3% |
| WHEAT | 2024-02-27 | [RailLine Volume 11 – Issue 7 \| Unifor](https://feedsoft.ai/events/31690-railline-volume-11-issue-7-unifor.md) | +7.9% | +0.5% |
| WHEAT | 2020-04-14 | [CN ships record grain volume in March - Manitoba Co-operator](https://feedsoft.ai/events/53679-cn-ships-record-grain-volume-in-march-manitoba-co-operator.md) | -2.1% | -2.2% |
| WHEAT | 2024-02-06 | [Suez Canal grain and oilseed volumes drop by 20% in December, IGC…](https://feedsoft.ai/events/31562-suez-canal-grain-and-oilseed-volumes-drop-by-20-in-december-igc.md) | -3.6% | -0.2% |
| WHEAT | 2016-12-13 | [Costs to ship grain by rail volatile \| World-grain.com \| December 13, 2016 14:49 \| World Grain](https://feedsoft.ai/events/73368-costs-to-ship-grain-by-rail-volatile-world-grain-com-december-13-2016-14-49.md) | -1.2% | +1.2% |

## Sources

- govinfo.gov: https://www.govinfo.gov/content/pkg/CREC-2022-09-14/html/CREC-2022-09-14-pt1-PgS4596-2.htm

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