Over a half-billion dollars in railroad freight stuck at Texas border crossings amid migrant battle
Publishing timestamp: 2023-12-20 12:47:00
Summary
The closure of the El Paso and Eagle Pass rail lines due to the surge of migrants crossing the border has halted almost half a billion dollars in trade. Union Pacific and BNSF are urging the reopening of these crossings as they represent a significant portion of their cross-border business. The closure has sparked concerns from industries that rely on rail transportation, and there is a call to address the border crisis while ensuring the movement of legal commerce.
Sentiment: MIXED
Keywords: union pacific corp, el paso, united states, politics, transportation, breaking news: business, economy, immigration, business news, berkshire hathaway inc, breaking news: economy, u.s. economy, social issues, breaking news: politics, texas, mexico,