Transport Topics (Dec. 1, 2022)
The House of Representatives on Nov. 30 passed a bill outlining a labor agreement between freight rail carriers and workers to avert a strike projected to cost the economy $2 billion a day. The legislation, which advanced to the Senate, would implement provisions negotiated in a tentative agreement reached in September by the Presidential Emergency Board. The measure passed in the House by a vote of 290-137 with bipartisan support. Freight stakeholders, including American Trucking Associations, have called on Congress to act. \u201cFurther delays only result in more uncertainty and inflationary pressure at a time when the economy is straining under the weight of both,\u201d ATA President Chris Spear said.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices