Rail strike worry prompts businesses to seek WH intervention
2 years, 1 month ago

Rail strike worry prompts businesses to seek WH intervention

Associated Press  

— Businesses are increasingly worried about the renewed threat of a railroad strike after two unions rejected their deals, and they want the Biden administration and Congress to be ready to intervene. A coalition of 322 business groups from a variety of industries signed off on a letter to President Joe Biden Thursday urging him to make sure the deals he helped broker last month get approved because a railroad strike would have dire consequences for the economy. The head of the Brotherhood of Maintenance of Way Employes Division union that rejected its agreement earlier this month said if the railroads won’t consider adding sick time he has no choice but to prepare for a strike next month. Union President Tony Cardwell said railroad executives continue to “bow to Wall Street’s continued desire for more than its fair share” as they report billions in profits. Ian Jefferies, who leads the Association of American Railroads trade group, said Thursday the “BMWED’s recent proposal was not a realistic offer” because the union “simply demanded more — and they did so with full knowledge that the railroads would not agree.” If both sides can’t agree on a deal, Congress may step in and block a strike.

History of this topic

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Rail strike worries prompt businesses to seek federal intervention
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