President Joe Biden announced a tentative agreement had been reached between rail worker unions and major freight carriers Thursday.
The agreement is expected to avert a potential strike in advance of a midnight Thursday deadline. Biden said the agreement included wins for both sides in the negotiations.
“The tentative agreement reached tonight is an important win for our economy and the American people,” Biden said. “It is a win for tens of thousands of rail workers who worked tirelessly through the pandemic to ensure that America’s families and communities got deliveries of what have kept us going during these difficult years.”