Posts tagged Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood of Teamsters
Factbox-Latest on Ratification Status of U.S. Railroad Unions to Avert Strike
November 10, 2022 // - Major U.S. railroads and unions representing 115,000 workers reached a tentative deal last week and averted a potential strike that could have stalled almost 30% of U.S. cargo shipments by weight, stoked inflation and cost the U.S. economy as much as $2 billion per day. Although a strike was avoided with intervention from the Biden administration, uncertainty still looms over the industry as most unions are yet to ratify the deal.