Rail Assn. Pres.: Closing Rail over Migrant Surge Costing Hundreds of Millions a Day with No End in Sight

On Thursday's broadcast of CNBC's "The Exchange," Association of American Railroads President and CEO Ian Jefferies stated that the closure of two rail crossings along the southern border due to the surge of migrants is costing hundreds of millions of economic impact daily and they haven't been given a timeline for when the crossings will reopen.