Railroad

The averted national railroad strike is a parable of contemporary American capitalism

The averted national railroad strike is a parable of contemporary American capitalism

In our click-driven world, the threat of a US freight railroad strike and President Biden’s intervention to prevent it have been the news for the past week. But there are two groups for whom the averted strike is still front and center: the 115,000 railroad workers who will be forced to work under the terms …

The averted national railroad strike is a parable of contemporary American capitalism Read More »

Railroad workers speak out after Biden forced unions to accept deal: 'He turned his back'

Railroad workers speak out after Biden forced unions to accept deal: ‘He turned his back’

Fox News Congressional Correspondent Chad Pergram reports on Congressional efforts to fund the government with two weeks to avoid a shutdown. Railroad workers are speaking out after Congress voted last week to avert an industry strike that could have had catastrophic economic consequences. BNSF railroad conductor Justin Schaaf told The Associated Press he had to …

Railroad workers speak out after Biden forced unions to accept deal: ‘He turned his back’ Read More »

Biden signs bill averting railroad strike despite lack of paid sick leave

Biden signs bill averting railroad strike despite lack of paid sick leave

President Joe Biden has signed a bill making a railroad strike illegal, preventing workers from leaving work weeks before the holiday season. “The bill I’m about to sign ends a difficult rail dispute and helps our country avoid what, no doubt, would have been an economic disaster at a very bad time in the calendar,” …

Biden signs bill averting railroad strike despite lack of paid sick leave Read More »

House passes bill to avoid railroad strike, moves to force labor deal

House passes bill to avoid railroad strike, moves to force labor deal

WASHINGTON — The House on Wednesday resoundingly approved legislation to avert a nationwide railroad strike by forcing a labor agreement between railroads and their workers, as lawmakers rushed to protect the economy from the threat of a work stoppage during the holidays and prevent an interruption of navigation. Across the country. Acting quickly the day …

House passes bill to avoid railroad strike, moves to force labor deal Read More »

'The economy is in jeopardy': President Biden again urges Congress to help avert railroad strike

‘The economy is in jeopardy’: President Biden again urges Congress to help avert railroad strike

Pressure is high for unions and railroad management to reach a labor agreement before a potential railroad strike hits the United States in 10 days. Negotiations have been ongoing since September, but after the two sides failed to reach an agreement, President Biden ordered Congress to intervene before the December 9 deadline. “Congress must act …

‘The economy is in jeopardy’: President Biden again urges Congress to help avert railroad strike Read More »

Biden calls on US Congress to block railroad strike that could ‘devastate the economy’

Joe Biden called on Congress to step in and block a railroad strike before next month’s deadline in stalled contract talks, saying a strike would “destroy our economy”. Biden’s move comes as business groups warned the impending strike would hit just before the holiday season and worsen inflation problems in the United States. “Let’s be …

Biden calls on US Congress to block railroad strike that could ‘devastate the economy’ Read More »

As railroad strike looms, U.S. industry braces for impact

As railroad strike looms, U.S. industry braces for impact

(NewsNation) – American consumers and almost all American industries will be affected if freight trains stop next month. One of the railroad’s largest unions rejected a deal on Monday, joining three others who did not approve the contracts due to concerns about demanding schedules and a lack of paid sick leave. This increases the risk …

As railroad strike looms, U.S. industry braces for impact Read More »

Retailers disclose earnings, possible railroad strike, Fed minutes and more: Tuesday's 5 things to know

Retailers disclose earnings, possible railroad strike, Fed minutes and more: Tuesday’s 5 things to know

Former U.S. Transportation Secretary Elaine Chao wants the current Sec. Pete Buttigieg “good luck” in finding a solution to the impending strike of the railway workers. Here are the key events happening on Tuesday this could have an impact on trade. RETAILER REVENUES: A busy morning ahead for retail revenue, with Best Buy, Dollar Tree, …

Retailers disclose earnings, possible railroad strike, Fed minutes and more: Tuesday’s 5 things to know Read More »

America faces possible railroad strike in two weeks after biggest union rejects labor deal |  CNN Business

America faces possible railroad strike in two weeks after biggest union rejects labor deal | CNN Business

New York CNN Business — America faces a growing risk of a crippling nationwide freight rail strike in two weeks. Rank and file members of the country’s largest rail union, which represents drivers in the industry, have rejected a tentative labor agreement with the freight railways, the union announced on Monday. The country’s second-largest railway …

America faces possible railroad strike in two weeks after biggest union rejects labor deal | CNN Business Read More »

Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears

Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears

An aerial view of shipping containers and freight trains at the BNSF Los Angeles Intermodal Facility yard in Los Angeles, California, September 15, 2022. Bing Guan | Reuters SMART-TD, one of the largest railroad unions, rejected the tentative agreement with railroad management, raising the likelihood of a strike in December. BLET, the other largest union …

Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears Read More »