Supply chain chiefs' relief over averted US federal strike
The US federal government narrowly avoided a shutdown on Saturday, providing relief to business leaders who were concerned about supply disruptions. Republican and Democrat divisions over spending bills have caused recent obstacles, but a funding bill was signed into law by President Joe Biden before the deadline. The shutdown would have impacted the movement of goods, with delays in paperwork, customs clearance, and delivery of raw materials. It would have also resulted in furloughs for federal employees and the suspension of government services.
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Frequently Asked Questions
Q: What is the relief mentioned in the article "Supply chain chiefs' relief over averted US federal strike"?
A: The relief mentioned in the article is the averted US federal strike. Business chiefs in the supply chain industry were relieved that a US federal government shutdown was narrowly averted. [source]
Q: When was the US federal strike averted?
A: The US federal strike was narrowly averted on Saturday, September 30. [source]
Q: What other type of strike was averted recently in the supply chain industry?
A: Another strike that was averted recently in the supply chain industry was a rail strike. Employers and unions reached a tentative deal to avert the rail strike on September 15, 2022. [source]
Q: How long had it been since the last rail strike in the US?
A: The last rail strike in the US had been 30 years prior to the recent tentative deal that averted the strike. [source]