Business is booming.

Strike Threat on Freight Railroads Is New Supply Chain Worry

“Failing to finalize an agreement by the September 16 deadline will hurt American consumers and jeopardize the availability, affordability and accessibility of everyday essential products,” says the Consumer Brands Association, which represents food, beverage, household and personal manufacturers. care products represents, said in a letter to Mr Biden last week.

In a statement over the weekendCorey Rosenbusch, the president of the Fertilizer Institute, an industry group, said a possible work stoppage would be “bad news for farmers and food security.”

The Association of American Railroads, a freight train industry group, said a service disruption would: costs more than $2 billion a day in economic output, stopping thousands of trains and leading to widespread product shortages and job losses. Rail accounts for about 28 percent of freight traffic in the US, second only to nearly 40 percent of freight traffic. according to federal data.

It would take more than 460,000 additional trucks each day to carry the goods that would otherwise be delivered by rail, the American Trucking Associations, another industry group, said in a statement. a letter last week urging lawmakers to be willing to intervene. The trucking industry faces a shortage of 80,000 drivers, so a disruption to the rail line would “wreak havoc in the supply chain and fuel inflationary pressures across the board,” it said.

In a message on Friday, Steve Bobb, the chief marketing officer of one of the rail carriers, BNSF, said encouraged customers to ask Congress to intervene. His counterpart at Norfolk Southern also repeated that request to his clients over the weekend.

Senator Roger Wicker of Mississippi, the highest-ranking Republican on the Committee on Commerce, Science and Transportation, said on Friday that he hoped a strike could be averted, but was willing to intervene if it couldn’t.