urging them to be prepared to intervene in the contract dispute, if necessary. Labor Secretary Marty Walsh has said he is in daily contact with the railroads and unions urging them to work out a deal.., including 3M, Chevron, Dow, DuPont, Eli Lilly, Exxon, Merck, Shell and many more."American consumers and manufacturers are still struggling to deal with inflation and don’t need to be hit with a new crisis," Jahn said.
All 12 rail unions must approve their deals to prevent a strike, although a strike isn’t imminent because all the unions have agreed to keep negotiating even if their members vote no until a Dec. 4 deadline.their agreements and the remaining two that haven’t finished voting.Workers' quality-of-life concerns about demanding schedules and the lack of paid sick time in the industry have threatened to derail the agreements even with the sizeable raises railroads are offering.
"If we can’t improve the agreement by getting some sort of sick leave, I think Congress is going to have to intervene because I think the railroads are just too stubborn to give us what we want unless we are able to strike," Tony Cardwell, president of the Brotherhood of Maintenance of Way Employes Division union, said Monday.
Nederland Laatste Nieuws, Nederland Headlines
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Inflation, earnings reports, Monday's markets, possible rail strike and more: Tuesday's 5 things to knowTrading could be impacted Tuesday as inflation reports are released, stocks lower, 3Q earnings are reported, the rail strike possibility grows, and the student loan handout is halted.
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