Strike action Rail transport | Rail closed in AAR report AAR report said rail closure would cost $2 billion a day

WASHINGTON — A nationwide interruption of rail service costs more than nearly $2 billion per day, said

a report released today, Sept. 8, through the Association of American Railroads, a railroads trade group.

AAR says the report is based heavily on historical Federal Railroad Administration data, updating a 1992 study

 to better measure the impact of national rail closures on employment economic output in today's dollars.

It also describes the impact on manufacturers, distributors, retailers as well as consumers. The AAR report came as railroads

and unions kept getting closer to a possible strike lockdown. The 30-day cooling-off period for negotiations begins

at 12:01 p.m. EDT on Sept. 16, beginning with the issuance of the recommendations of the President's Emergency Board.

Those recommendations included a wage increase of about 22% (24%) in the five-year agreement. Of the 12 unions

involved on the new national contract, five have not yet ratified the tentative agreements reached based on the PEB's

recommendations. The talks took place on Thursday and are expected to be held again on Friday at the National Arbitration

Board in Washington. The Brotherhood of Trainmen and the International Association of Sheet Metal, Air and Rail

Transportation Workers-Transportation Division (SMART-TD) along with the unions Locomotive Engineers representing

the operating crew indicated they had a deep understanding of the working conditions as well as the rules of the work. Worry

Unions' heads in Labor Day statement said that due to rules, BLET and SMART-TD members are located differently

at negotiation stage than members of rail unions News report: Shramik joined well in rail negotiation session In the report

of the Secretary, Train News Y, September 8, 2022 Thursday's report AAR CEO Ian Jefferies stresses wage increases in a statement

asking Congress to implement PEB's recommendations in the event of a halt, rewarding employees with unnecessary

economic losses for rail customers. prevent uncertainty. The report said more than 75,000 carloads of intermodal units

each day to replace containers or trailers would require 467,000 additional long-distance trucks to begin traveling

by rail in the average day. The American Trucking Association says that there are already 80,000 . is lacking

The FRA's 1992 report concluded that the two-week halt of national rail work would result in approximately 570,000 layoffs

in rail-serving industries, a loss of $1 billion per day. The AAR report estimates the financial cost could double today. 

Rail transport No data on potential job losses. It outlines the potential loss of power generation capacity due to

Rail transport capacity due to coal shortages, with potential impacts on items ranging from food to automobiles.