If the two sides can't agree on a deal by the end of the week, Congress is expected to step in to block a strike because of the dire economic consequences it would create.
If the two sides can't agree on a deal by the end of the week, Congress is expected to step in to block the strike citing dire economic consequences.
"The railroads are using shippers, consumers, and the supply chain of our nation as pawns in an effort to get our unions to cave into their contract demands knowing that our members would never accept them. Our unions will not cave into these scare tactics, and Congress must not cave into what can only be described as corporate terrorism," said Jeremy Fergunson with SMART-TD and Dennis Pierce with the BLET union.
Five of the 12 railroad unions that together represent 115,000 workers had already reached tentative agreements based on the Presidential Emergency Board's recommendations that will deliver 24% raises and $5,000 in bonuses over a five-year contract that's retroactive to 2020. The coalition negotiating on behalf of the railroads announced three more tentative agreements Sunday, so deals covering roughly 45,000 workers have now been announced.
"Operational changes required to prepare for a safe, orderly suspension were delayed as long as possible. With less than a week away from a potential service interruption, carriers are obligated to take appropriate actions to prepare, which include making plans for handling HAZMAT shipments, as well as other freight that may be impacted if service must be reduced or stopped," the AAR spokeswoman said.
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