A newly released report from the Association of American Railroads (AAR) has found that interruption to the country’s rail service could impact economic output and cost more than $2 billion per day.
A shutdown looms as unions continue to negotiate with major railroads over the terms of their contracts. If contract negotiations cannot be settled by Sept. 16, a service interruption could idle more than 7,000 trains daily, and trigger retail product shortages, widespread manufacturing shutdowns, job losses and disruptions to hundreds of thousands of passenger rail customers, AAR said.
