Congress Votes to Avert Rail Strike Amid Dire Warnings
The Senate passed a bill to bind rail companies and workers to a proposed settlement, sending the legislation to President Biden. read more >
The Senate passed a bill to bind rail companies and workers to a proposed settlement, sending the legislation to President Biden. read more >
The bill lawmakers are considering would impose a compromise labor agreement brokered by the Biden administration that was ultimately voted down by four of 12 labor unions. read more >
"Let me be clear: a rail shutdown would devastate our economy," the president said in a statement. read more >
The business groups led by the U.S. Chamber of Commerce, National Association of Manufacturers and National Retail Federation said even a short-term strike would have a tremendous impact and the economic pain would start to be felt even before the Dec. 9 strike deadline. read more >
A split vote Monday from the two biggest railroad unions follows the rejection by three other unions of their deals with the railroads that the Biden administration helped broker before the original strike deadline in September. Seven smaller unions have approved the five-year deal that, on top of the 24% raise, includes $5,000 in bonuses. read more >
The move allows time for engineers and conductors to vote on their agreements with the freight railroads and give more opportunity for the industry to renegotiate with two unions that rejected their deals last month. read more >
A coalition of 322 business groups sent a letter to President Joe Biden urging him to make sure the deals he helped broker last month get approved. read more >
The union cited a "lack of good-faith bargaining" by the railroads and the denial of the "basic right of paid time off for illness." read more >
If both sides can't agree on contracts, Congress could step in to block a strike and impose terms on the workers. read more >
A strike or lockout won't be allowed until this coming Friday, but the railroads appear to be bracing for one. read more >
The widely expected move will keep 115,000 rail workers on the job while the arbitrators develop a set of contract recommendations for both sides to consider. read more >
The unions, which represent more than 105,000 workers, called the offer "somewhere between a loan and a payday advance." read more >
A coalition of 10 unions is at odds with more than 30 railroad companies. read more >
