PUBLISHED 2:03 PM EDT Sep. 13, 2022President Joe Biden and members of his cabinet are working to mediate a contract dispute between freight railroads and their unions ahead of a looming Friday strike deadline
The Association of American Railroads trade group put out a report last week estimating that shutting down the railroads would cost the economy $2 billion a day “A national rail strike would be an economic disaster — freezing the flow of goods, emptying shelves, shuttering workplaces and raising prices for families and businesses alike,” said Suzanne Clark, the head of the U.S. Chamber of Commerce, on Monday.”
The Association of American Railroads trade group put out a report last week estimating that shutting down the railroads would cost the economy $2 billion a day. The deals that have been announced so far have closely followed the Presidential Emergency Board’s recommendations that called for 24% raises over five years, $5,000 in bonuses and one additional paid leave day a year. But the two biggest unions representing conductors and engineers have been holding out because they want the railroads to go beyond those recommendations and address some of their concerns about strict attendance policies and working conditions.
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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. 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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