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US railroads, unions reach tentative deal on eve of deadline

Thursday’s deal extends the so-called cooling off period – during which the unions may not strike – for several weeks, to give the unions time to ratify the agreement, a person familiar with the agreement said.

Photo: Stefani Reynolds/AFP/Ritzau Scanpix

US railroads and unions reached a tentative deal early Thursday, a breakthrough that looks to avert a labor disruption that risked adding supply-chain strains to the world’s largest economy.

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