On Tuesday, a pair of investment funds proposed shareholder resolutions at freight rail giants Union Pacific (US:UP) and Norfolk Southern (US:NSC) that would provide covered workers paid sick leave.
With the rail strike not materializing, the U.S. economy heaves a sigh of relief as a strike might have cost more than $2 billion a day.
Despite a 14% fall year-to-date, we believe Union Pacific stock (NYSE: UNP) has little room for growth.

House passes bill to avert rail strike

02:30pm, Wednesday, 30'th Nov 2022
Fertilizer Institute President and CEO Corey Rosenbusch discusses the impact on multiple industries, especially fertilizer if Congress failed to pass timely rail vote. Subscribe to Fox Business!
The House passed legislation Wednesday that would force a tentative rail labor agreement and thwart a national strike.

White House, Congress seek to avert rail strake

12:51pm, Wednesday, 30'th Nov 2022
Yahoo Finance's Jennifer Schonberger discusses Congress beginning to move to avert a rail strike via legislation.
Union Pacific Corporation (NYSE:UNP ) Credit Suisse's 10th Annual Global Industrials Conference November 30, 2022 8:00 AM ET Company Participants Jennifer Hamann - CFO Conference Call Participants Ari
Rich Edelman, labor attorney with Mooney, Green, Saindon, Murphy & Welch Law Firm, joins CNBC's 'Squawk Box' to discuss Congress' decision to support legislation that would avert a rail strike.
There has been a threat of a freight railroad strike since early September. Railroads offer a unique combination of fuel efficiency and capacity, and there is no perfect substitute (especially with th
With President Biden urging Congress to prevent a rail strike, both rails and unions are drawing their lines in the sand on labor deal terms and consequences.
Yahoo Finance's Rick Newman joins the Live show to discuss President Biden calling on Congress to take action to avoid a looming rail strike.
Shares of railroad operators rallied Tuesday, as Evercore ISI analyst Jonathan Chappell said President Joe Biden's urging of Congress to step into the stalled talks between labor unions and rail opera
The Zacks Transportation - Rail industry is gaining from a favorable freight environment. This bodes well for stocks like UNP, CP, CSX and NSC.
Union Pacific's (UNP) shareholder-friendly measures underpin its financial flexibility. However, high operating costs on account of steep fuel expenses are denting its bottom line.
CNBC's Lori Ann LaRocco joins 'The Exchange' to report on a potential of railroad worker strike next month and how it could impact the U.S. economy.
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