Railroad workers may have had enough
Good morning! Everybody’s working for the weekend… 🎶
“The way to get started is to quit talking and begin doing.” - Walt Disney, co-founder of The Walt Disney Company
Railroad strikes, Congressional intervention, and talks of labor unions and constraints have been ripe within the transportation industry. North American railroad workers have had the limits tested, and the latest updates from the Biden Administration have done little to calm the waters.
Check out today’s featured article from Slate to read about the growing issues within the rail freight sector and why railroad workers have had about enough. ☕️
Featured Article:
The Trains Are Getting Longer and the Job Is Getting Worse | Slate
“How railroad workers reached their breaking point.”
Deliveries & Peak Season ✉️
Regardless of pushes for more taxpayer money, the USPS is supposed to be self-sufficient, by law
The issue is now decades-old, but still persistent. The United States Postal Service is desperate for reform, even after taxpayer money is continually dumped into it. The December 2020 COVID relief legislation granted the USPS $10 billion, and the 2022 Postal Service Reform Act granted an additional $107 billion, and the recent Inflation Reduction Act grants $3 billion to the federal delivery carrier to enhance its fleet with electric vehicles.
The U.S. Government Accountability Office (GAO) and the Office of Personnel Management (OPM) have both extensively reviewed the issue of pension obligations in the USPS’s Civil Service Retirement System (CSRS). It’s often compared to the previous major legislation before this year’s Postal Service Reform Act - the Postal Accountability and Enhancement Act of 2006.
Energy & Inflation 🔥
Turning up the heat: natural gas prices set to skyrocket
With the winter months almost upon us and thermostats being turned up a few notches, Americans can expect the prices on their natural gas bills to be on an upward trajectory. While they likely won’t be as high as they were during the hot summer months, projections show an increase as the ban on Russian oil takes effect across the globe’s western countries.
There is now a larger reliance on gas exports, and the age of natural gas gluts in the 2010s is coming to a close. There is also some blame to be cast upon extreme weather events - such as Texas’s independent energy grid experiencing extreme blackouts during the winter of 2021.
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