Posts tagged Presidential Emergency Board
Railroads back plan calling for 24 percent raises but workers wary
August 22, 2022 // Both sides have 30 days to negotiate a new contract before federal law would allow a strike or lockout, but even if they can’t reach an agreement Congress is likely to intervene to prevent a strike that would disrupt the flow of goods across all sectors of the economy. The unions were still reviewing the 124-page report Wednesday — one day after it was issued — and didn’t immediately comment on the details. But individual railroad workers commenting about the report on Twitter said it didn’t do enough to address their concerns about restrictive attendance policies that make it hard to take days off and demanding working conditions after thousands of jobs have been cut in recent years.
The U.S. is Now 30 Days Away From a Possible Railroad Labor Strike
August 19, 2022 // Delays on U.S. railroads have been a growing problem for shipping agricultural goods all year. Labor discussions are ongoing and with the grain industry concerned about a possible labor stoppage in mid-September, which would be the height of Midwest harvest. Just this week, the White House-appointed Presidential Emergency Board (PEB) released a recommendation as part of the ongoing collective bargaining process. Both sides have 30 days to accept those recommendations. If the two parties don't agree, then rail workers are allowed to go on strike as of Sept. 16. Max Fisher, Chief Economist,

Exclusive: Biden’s emergency board calls for railroad wage hikes to resolve contract talks
August 18, 2022 // U.S. President Joe Biden's emergency board tasked with helping major freight railroads and unions end a contract negotiation stalemate proposed on Tuesday annual wage increases of between 4% and 7% through 2024, according to a report seen by Reuters. The board also recommended in its 119-page report set to be made public as early as Wednesday a 3% retroactive increase for 2020 and 3.5% for 2021, when the rail workers did not have a contract, along with five $1,000 annual bonuses and an additional paid day off.
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,

Railroad talks stall, so Biden likely to pick review board
June 20, 2022 // Railroad contract talks remain deadlocked after more than two years of negotiations, so President Joe Biden will likely soon have to appoint a board to help settle the dispute. Josh Funk, rail crews, Dennis Pierce, UP, BNSF, CSX, Norfolk Southern, Kansas City Southern,