US nationwide rail strike risk escalates as largest freight rail union rejects labor contract

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US rail conductors, brakemen, and yardmen Nov. 21 turned down a tentative labor agreement brokered in September, setting up the potential for a nationwide rail strike in two weeks that could cripple the flow of US agricultural and energy product shipments. Analysts at S&P Global Commodity Insights have said that electricity reliability is likely not at stake from a strike,…