I have introduced this resolution to prevent the labor dispute between our Nation's railroads and their labor unions from delivering a knockout punch to the U.S. economy just before the holiday season. The contract renegotiation that has been ongoing for some time has been through the National Mediation Board process and recommendations put forth by the Presidential Emergency Board selected by President Obama have been accepted by the majority of the unions. In fact, 10 of the 13 unions have reached agreement, and I congratulate both sides for coming to the table and working it out. Unfortunately, the threat of a nationwide rail strike still remains and that is something our economy simply cannot bear at this time. I have heard from numerous U.S. manufacturers about the negative consequences this strike will have on them. They are concerned not just for their companies but for the employees who may have to be laid off if they are unable to ship product and for the customers who will not be able to get supplies they need. A rail strike may start on December 6, but the impact of this threat is already being felt. As someone who comes from a State that relies on commercial rail for much of its economy, I know how serious this is and that is why I have introduced this resolution. I urge the Senate, the House and the President to act quickly to avert this manmade national disaster. ____________________
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