Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Tony Cardwell"


5 mentions found


Activist Ancora on Thursday won the support of the BMWED Teamsters in the investor's efforts to oust Norfolk Southern CEO Alan Shaw and a majority of the railroad's 13-person board. The labor group said it would back the activist's seven director nominees over Norfolk Southern management, a significant endorsement in an industry unusually dependent on union support. The support from the BMWED Teamsters, whose members build and maintain the track infrastructure that keeps Norfolk Southern trains moving, amounts to a sharp rebuke of Shaw and Norfolk Southern's board. Norfolk Southern and Ancora have been locked in a proxy contest for several months. Neuberger Berman, for example, is backing the activist and said that Norfolk Southern had a history of poor governance and that a boardroom change was needed.
Persons: Ancora, Alan Shaw, Shaw, Tony Cardwell, Cardwell, Jim Barber, Jamie Boychuk, Boychuk, Barber, It's, John Orr, Glass Lewis, Neuberger Berman Organizations: Thursday, Teamsters, Norfolk Southern, Norfolk, BMWED Teamsters, Labor, American Federation of Labor, Industrial Organizations, CSX, Ancora Locations: Norfolk Southern, Norfolk, U.S, East Palestine , Ohio, Washington
Now Biden faces a backlash from a core of rail workers and allied groups, as some of them see a betrayal in the bill he pushed to avert a rail strike. The standoff between rail workers and the profitable companies that employ them posed an awkward dilemma for Biden, forcing him to find an elusive middle ground between dueling campaign pledges. A rail strike threatened to unravel the job gains that no doubt will be central to any Biden re-election campaign. He said he is not giving up on paid sick leave for rail workers and other Americans who don’t receive such benefits. …”Still, the president could have used more leverage to reach a deal that included paid sick leave, union officials and allies contend.
The initial agreement brokered by the Biden administration was accepted by all but four rail unions, who were holding out for guaranteed paid sick leave days. A strike by rail workers so close to the holiday season — and in a period of high inflation — could potentially devastate the economy. The House on Wednesday approved a separate measure that would have added seven days of paid sick leave to the contract instead of just one. He said has long been a proponent of paid sick leave, and will still work to make it a right for all workers, not just rail workers. "It's looking like the Democrats are standing with our members and making sure that our members get sick leave.
watch nowLeaders of the rail labor unions that have voted not to ratify the tentative labor deal tell CNBC that as the Senate moves closer to a vote on Thursday afternoon on legislation to prevent a rail strike, senators need to realize this is a humanitarian issue and their members will not forget who supported them. On Wednesday, the House passed the tentative rail labor agreement and additional legislation to add seven paid sick days, which has been one of the most important issues to rail workers in the breakdown of negotiations with freight rail companies. All three union presidents say they understand why President Biden had to push Congress to pass the tentative agreement. Biden's PEB deal 'missed the mark'Ferguson said the Presidential Emergency Board rail labor deal "missed a few marks and sidestepped a few, mainly our attendance policy issues." Supply chain congestion and rail embargoesThe unions argue that precision railroading and the lack of labor are the reasons behind congestion in the supply chain.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRail union presidents: We will support those who support us now in the general electionCNBC's Lori Ann LaRocco speaks with railroad union leaders about ongoing negotiations to avert a railroad workers strike, which could throw the United States supply chain into chaos. LaRocco speaks with Jeremy Ferguson, president of Smart-TD, Tony Cardwell, vice chairman of the Brotherhood of Maintenance of Way Employees Division, and Michael Baldwin, president of the Brotherhood of Railroad Signalmen.
Total: 5