A Possible Railroad Strike During the Holiday Season Would Risk $2 Billion Per Day

A threatened railroad worker strike that appeared to have been derailed by the Biden administration is now back on track and chugging quickly toward the holiday season.

Four of the 12 unions representing workers on America's freight rail lines have voted to reject a new contract proposed by a special presidential mediation board, once again raising the possibility of an economy-crippling strike next month. The unions that rejected the deal are now indicating that they want additional concessions from the railroads beyond what was negotiated by the Biden administration during...