The new procedures the U.S. Surface Transportation Board approved may give shippers a way to resolve rate disputes of less than $4 million in a matter of months instead of years, and at a much lower cost. 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 >
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 >
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 >
The deal that's retroactive to 2020 will give rail workers the biggest raises they've seen in more than four decades. But the concessions related to working conditions may prove to be more important to them. 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 >
Shippers, regulators and labor groups say the railroads cut too deeply when they eliminated nearly one-third of their workforce in recent years in the name of efficiency. read more >
A coalition of 10 unions is at odds with more than 30 railroad companies. read more >
