# Biden intervenes in railroad contract fight to block strike - Chattanooga Times Free Press

> President Biden blocked a freight rail strike for at least 60 days by naming an arbitration board covering 115,000 rail workers. If the railroads and 12 unions fail to agree within 60 days, Congress would likely step in to impose terms.

- Date: 2022-07-15 · published 2022-07-15T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/40502-biden-intervenes-in-railroad-contract-fight-to-block-strike-chattanooga-times
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Removing the near-term strike threat eases logistics risk to grain and feed shipments during harvest, though the unresolved dispute keeps freight risk elevated into the fall.

## Read by commodity

- BARGE: neutral

## Sources

- timesfreepress.com: https://www.timesfreepress.com/news/2022/jul/15/deadline-block-freight-rail-strike-looms-biden/

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