Congress “Likely” to Pass a Rail Deal this Week, According to Soy Transportation Coalition’s Steenhoek

House Speaker Nancy Pelosi (D-Calif.) said in a statement that the House this week would “take up a bill adopting the tentative agreement — with no poison pills or changes to the negotiated terms — and send it to the Senate.”
House Speaker Nancy Pelosi (D-Calif.) said in a statement that the House this week would “take up a bill adopting the tentative agreement — with no poison pills or changes to the negotiated terms — and send it to the Senate.”
(Lindsey Pound)

President Joe Biden late Monday called on Congress to pass legislation immediately to adopt the tentative agreement between railroad workers and operators that was approved by labor and management negotiators in September “without any modifications or delay — to avert a potentially crippling national rail shutdown.” 

Biden noted the deal “provides a historic 24% pay raise for rail workers. It provides improved health care benefits. And it provides the ability of operating craft workers to take unscheduled leave for medical needs,” adding that “since that time, the majority of the unions in the industry have voted to approve the deal.

Biden said a rail shutdown “would devastate our economy. Without freight rail, many U.S. industries would shut down.”

 

According to Biden’s economic advisors, as many as 765,000 Americans — many union workers themselves — could be put out of work in the first two weeks alone. 

Meanwhile, the advisors say communities could lose access to chemicals necessary to ensure clean drinking water. Farms and ranches across the country could be unable to feed their livestock.

“As a proud pro-labor president,” Biden said he is “reluctant to override the ratification procedures and the views of those who voted against the agreement. But in this case — where the economic impact of a shutdown would hurt millions of other working people and families — I believe Congress must use its powers to adopt this deal.”

Next Steps in Congress

House Speaker Nancy Pelosi (D-Calif.) said in a statement that the House this week would “take up a bill adopting the tentative agreement — with no poison pills or changes to the negotiated terms — and send it to the Senate.”

Mike Steenhoek, executive director at the Soy Transportation Coalition, feels this action will lead to a solution.

“I think the [odds Pelosi will reach an agreement] is really high because the republicans will support it,” Steenhoek says. “There may be some on the democratic side that say they need to hold out on concessions for workers. But with the President urging it, along with the board recommendations, I think there will be quick passage.”

If an agreement isn’t made by the cooling-off deadline of Dec. 5 (Brotherhood of Railroad Signalmen), Steenhoek says there will likely be a reduction in rail service as early as the end of this week.

More on the rail strike:

Rail Strike Update: Labor Deal Deadline Shortened to Dec. 5
A Possible Rail Strike is Quickly Approaching Unless Congress Steps In

 

Latest News

RhizeBio’s Doug Toal Talks Soil Microbiology, Ag Entrepreneurship With Top Producer
RhizeBio’s Doug Toal Talks Soil Microbiology, Ag Entrepreneurship With Top Producer

RhizeBio cofounder Doug Tole joins host Paul Neiffer for Episode 143 of the Top Producer Podcast.

 A Message to the Ag Industry about H5N1
A Message to the Ag Industry about H5N1

The livestock industry needs a comprehensive, cohesive plan to address the virus. Producers, their employees and veterinarians need clear answers and support from U.S. agricultural leadership, moving forward.

USDA Now Requiring Mandatory Testing and Reporting of HPAI in Dairy Cattle as New Data Suggests Virus Outbreak is More Widespread
USDA Now Requiring Mandatory Testing and Reporting of HPAI in Dairy Cattle as New Data Suggests Virus Outbreak is More Widespread

USDA is now ordering all dairy cattle must be tested prior to interstate travel as a way to help stop the spread of HPAI H5N1. This comes a day after FDA confirmed virus genetic material was found in retail milk samples.

5 Smart Farming Insights from America’s Largest Ag Publication
5 Smart Farming Insights from America’s Largest Ag Publication

A recent Farm Journal Farm Country Update webinar took a deep dive into the data behind farmer’s technology adoption motivations and how ag marketers can reach early ag tech adopters.

Who Is The Driving Force Buying Farmland?
Who Is The Driving Force Buying Farmland?

David Muth of Peoples Company Capital Markets, the Investment platform for Peoples Company, shares how institutional investors have reacted to higher interest rates on their land investments pursuits.

How Many Interest Rate Cuts Will We See in 2024?
How Many Interest Rate Cuts Will We See in 2024?

Dr. Vince Malanga shares insights on the U.S. economic outlook, and what areas demand the most attention.