The U.S.-based Class I railroads have been taking steps this week to prepare for a potential strike by union members after midnight Friday by embargoing security-sensitive material and even winding down operations for intermodal and temperature-controlled rail traffic.
On Wednesday, Norfolk Southern (NYSE: NSC) will close all its gates to intermodal traffic at 5 p.m. local time as part of a controlled shutdown of its network ahead of a possible strike. This includes in-gates for loaded and empty...