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White House official on plans in the event of a rail strike disrupting supply chains

Started by forex4you, Sep 15, 2022, 06:38 am

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White House official on plans in the event of a rail strike disrupting supply chains

<p>I've been posting on the possible strike on the horizon since early this week.</p><p>ICYMI:</p><ul class="text-align-start vertical-align-baseline"><li><a href="https://www.forexlive.com/news/us-railroad-strike-looks-likely-to-trigger-another-surge-in-food-price-inflation-20220911/" target="_blank" data-article-link="true" class="article-link article-link article-link">US railroad strike looks likely to trigger another surge in food price inflation</a></li><li>More than 90,000 workers at the country's freight railroads could go on strike should the railroads fail to reach an agreement with unions by Friday, September 16</li><li>30% of US freight could halt</li></ul><p>Goldman Sachs are not fussed:</p><ul><li><a href="https://www.forexlive.com/news/goldman-sachs-on-us-railroad-strike-i-dont-think-its-a-black-swan-20220912/" target="_blank" data-article-link="true" class="article-link article-link">Goldman Sachs on US railroad strike - "I don't think its a black swan"</a></li></ul><p>And, most recently:</p><ul><li><a href="https://www.forexlive.com/news/more-on-the-us-rail-strike-to-disrupt-supply-white-house-looking-at-air-freight-instead-20220914/" target="_blank">More on the US rail strike to disrupt supply - White House looking at air freight instead!</a></li></ul><p>Now, comments from a White house official: </p><ul><li>Working with other modes of transportation to
see how they can step in and keep goods moving, in case of a rail
shutdown</li><li>Been working with
relevant agencies to assess what supply chains and commodities are
most likely to face severe disruptions, and the available authorities
keep goods moving</li></ul>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: White House official on plans in the event of a rail strike disrupting supply chains

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