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Over a half-billion dollars in railroad freight stuck at Texas border crossings amid migrant battle - TL;DR CNBC

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.


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Keywords: union pacific corpel pasounited statespoliticstransportationbreaking news: businesseconomyimmigrationbusiness newsberkshire hathaway incbreaking news: economyu.s. economysocial issuesbreaking news: politicstexasmexico

Source: https://www.cnbc.com/2023/12/20/over-a-half-billion-dollars-in-rail-freight-stuck-at-texas-border.html


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