Why the threat of a rail strike is delayed but not gone
CNN
There will be no freight railroad strike early Friday. But the threat of a strike has not gone away entirely.
The tentative deal reached early Thursday after a marathon 20-hour bargaining session between the railroads and the leaders of the engineers and conductors union means the strike that had been due to start at 12:01 am ET Friday will not occur. But the agreement still needs to be ratified by rank-and-file union members for it to go into effect.
The details of the ratification vote have yet to be set but it is likely weeks away. Although the unions' leadership described the agreement as a negotiating win, a successful ratification vote is not yet assured.
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