Crisis averted on U.S. railroads, with carriers and unions reaching tentative agreements

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Leading up to this development, there had been a high level of uncertainty and anxiety among supply chain stakeholders through multiple modes of freight transportation, with a 12:01 A.M. September 16 deadline marking the end of a 30-day “cooling off” period between the 12 United States-based railroad labor unions and six largest freight railroad carriers (even though the majority of the 12 unions had reached tentative labor agreements prior to the tentative deal being struck).

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