POTENTIAL STRIKE - Leaders warn of costly consequences as two major labor unions say they’re ready to go on strike if an agreement is not reached by Friday night.
The Association of American Railroads said it estimates that a potential rail-freight strike could cost the United States nearly $2 billion a day.
One of the unions, the International Association of Machinists and Aerospace Workers, rejected a contract offer, but agreed to hold off going on strike until Sept. 29. SMART-TD and BLET, two of the largest freight labor unions, said they are prepared for a potential strike to begin at the end of Friday.
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