Posts tagged Air

    Biden averts freight railroad strike – for now

    July 18, 2022 // The presidential board can only make nonbinding recommendations on the railroad contracts, but those will serve as the basis for a new round of negotiations that could yield a contract that has eluded the railroads since talks began more than two years ago. Even if those efforts fail, Congress would likely intervene to prevent a strike. Lawmakers could impose terms on the railroads and their 12 unions at that point or take other action to keep the trains moving. The National Carriers’ Conference Committee that represents Union Pacific, BNSF, CSX, Norfolk Southern, Kansas City Southern and other railroads said it believes the wage increases railroads are offering are fair based on other recent major labor agreements, but the unions say none of the offers so far do enough to offset inflation or reflect the current worker shortages. Plus, the railroads want workers to pay more of their health insurance costs, which the unions say would eat up most, if not all, of the proposed raises. Rob Benedict, American Fuel and Petrochemical Manufacturers, Brendan Branon, Dennis Pierce, Jeremy Ferguson,