Railroads wind down some operations; White House eyes options to move freight

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...


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