'Grave urgency': Over 400 business groups plead with Congress to prevent rail strike | CNN Business

CNN  — 

More than 400 business groups are calling on Congressional leaders to be prepared to prevent a freight rail strike that could start causing chaos in the economy as early as next week.

“No one wins when the railroads stop running,” the business groups led by the Chamber of Commerce wrote in a Monday letter to House Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer, House Minority Leader Kevin McCarthy and Senate Minority Leader Mitch McConnell.

Congress can impose a contract on both parties or extend a negotiation “cooling-off period” to keep the railroads running

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