Railroad Unions and Companies Reach a Tentative Deal to Avoid a Strike
President Biden announced the agreement after negotiations brokered by the labor secretary lasted deep into the night.
Hot take: If this country needed to be brought to its knees to ensure workers in a insanely important sector are treated humanely and fairly, then so be it. Those freight companies have had some of their most profitable years ever during the pandemic. Fuck em.
The real but hidden story is that the hedge fund crowd who run freight RR's are leeching every dime out of the RR's by undermaintaining infrastructure. When the freight RR's collapse, the owners will come whining to Congress fòr a bailout. Can you say "Conrail?"
Fuck yeah, solidarity forever. Unions are so important in this country.
This isn't over, folks. Members still don't know what was agreed to in this session. Tentative agreements have yet to be sent out for a vote by members, and one union not part of these current talks (IAM machinists) has already voted down their agreement and a previously passed strike vote was authorized. If these contracts are voted down, a strike can still happen.
these new contracts provide rail employees a 24 percent wage increase during the five-year period from 2020 through 2024, including an immediate payout on average of $11,000 upon ratification.
That's the backpay owed to employees after having worked without raises for three years. They make it sound like a sweetener or a bonus. That's just free money the companies got to keep for a while.
Congratulations to the workers, hopefully the companies follow through properly.
Republicans mad. They were hardly containing their glee at this happening and causing chaos with the shipping/supply chains
And the deal reached is still complete shit for the workers… insane. They caved way too quick.
A deal hasn’t been reached, it’s a TA
Workers and their locals have to vote. Brandon and Co. are doing a press victory lap to pressure the workers into ratifying, because a rail strike on his watch would totally fuck his midterms
By all accounts, the TA is shit - $1K base rate increase and the “ability to take unpaid sick days” (lol). Workers seem pissed.
Hopefully they go John Deere on this and vote it down.