The railroads have already started to curtail shipments of hazardous materials and have announced plans to stop hauling refrigerated products ahead of Friday’s strike deadline. Now businesses that rely on Norfolk Southern, Union Pacific, BNSF, CSX, Kansas City Southern, and other railroads to deliver their raw materials and finished products have started planning for the worst.
In addition to all the businesses that rely on railroads to deliver their goods, passenger railroads are also affected because many of them operate on tracks owned by one of the freight railroads. Amtrak has already canceled several of its long-distance trains because there wouldn’t be enough time for them to reach their destinations before a strike or lockout would be allowed to begin at 12:01 a.m. Friday.
The railroads have reached tentative agreements with most of their unions, including a ninth deal announced Tuesday, based on the recommendations of a Presidential Emergency Board Joe Biden appointed this summer that called for 24% raises and $5,000 in bonuses in a five-year deal that’s retroactive to 2020. The deal also includes one additional paid leave day a year and higher health insurance costs.
It’s election season. Perfect time for Unions to make a play.
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Businesses, White House plan for possible rail strike FridayBusiness and government officials are bracing for the possibility of a nationwide rail strike at the end of this week while talks carry on between the largest U.S. freight railroads and their unions. The railroads have already started to curtail shipments of hazardous materials and have announced plans to stop hauling refrigerated products ahead of Friday's strike deadline. Now businesses that rely on Norfolk Southern, Union Pacific, BNSF, CSX, Kansas City Southern and other railroads to deliver their raw materials and finished products have started planning for the worst. Semi’s be rolling good buddy. 10 4
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Businesses, White House plan for possible rail strike FridayOMAHA, Neb. (AP) — Business and government officials are bracing for the possibility of a nationwide rail strike at the end of this week while talks carry on between the largest U.S. freight railroads and their unions. RubyGonzales2 Isn't it time to abolish unions? We still have a massive shortage of truck drivers to pick up the slack. Government must start standing up for everyone or step aside. Not the businessmen
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White House Explores Rail-Freight Alternatives as Possible Strike LoomsThe White House is assessing how trucking companies and air carriers can fill in gaps as two unions and freight railroads continue contract talks to avert a potential labor stoppage The White House, and Congress for that matter, should stay out of the way. They will just screw it up. This would be devastating to the administration and the economy. How we doing on baby food WSJ?
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