Freight rail companies and union leaders representing tens of thousands of workers have reached a tentative deal to avoid an economically devastating strike, President Biden announced Thursday morning.
The deal, which must still be ratified by the workers themselves, was brokered during an all-night negotiating session led by Labor Secretary Marty Walsh.
The details of the agreement have not yet been released but the strike emerged as a possibility after the union leaders demanded workers be given more time off to deal with family and medical emergencies without being penalized.
"The tentative agreement reached tonight is an important win for our economy and the American people," Biden said in a statement. "It is a win for tens of thousands of rail workers who worked tirelessly through the pandemic to ensure that America's families and communities got deliveries of what have kept us going during these difficult years."
The strike, which was expected to cause crippling supply-chain issues, was set to begin Friday but will now be delayed as the workers ratification process plays out.
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