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Search resuls for: "Railway Labor Act"


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☆ Chemicals industry warns that rail strike will shut plants and cost economy billions
  + stars: | 2022-11-16 | by ( Lori Ann Larocco | ) www.cnbc.com   time to read: +4 min
Ninety-six hours before a strike deadline, all chemical shipments are no longer moved. "We would expect a similar dramatic reduction in chemical shipments if an embargo were to take place this month." The start of rail strike preparation will depend on the voting results from some of the largest rail unions yet to ratify the labor deal recommended by President Biden's Presidential Emergency Board. If SMART-TD or BLET rejects the agreement, the strike date would be December 9, the day after their cooling-off period ends. BMWED has said it would extend its own cooling-off period to align with the new strike date.
☆ Key freight rail union BMWED extends deadline for strike that threatens U.S. economy
  + stars: | 2022-11-09 | by ( Lori Ann Larocco | ) www.cnbc.com   time to read: +5 min
The Brotherhood of Maintenance of Way Employees Division, the third largest rail union in the country, is extending its status quo period (no strike, no lockout) during which it wants to continue negotiations with the freight rail carriers. Meanwhile, two major rail unions are set to vote on ratifying the deal on Nov. 21: The Brotherhood of Locomotive Engineers and Trainmen, and the Smart Transportation Division. The rail industry has previously estimated the cost to the economy of a rail strike at $2 billion per day. The BMWED was the first rail union to vote against ratification of a labor agreement negotiated in conjunction with Biden's PEB. All 12 labor unions must ratify a labor agreement to avoid the potential for a nationwide rail shutdown.
☆ Delta pilots vote in favor of potential strike as contract talks drag on
  + stars: | 2022-10-31 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
Delta Air Lines pilots voted overwhelmingly to authorize a strike if contract talks between the carrier and the union don't lead to an agreement, the labor group said Monday. Covid derailed contract talks throughout the airline industry starting in 2020. Talks have since resumed, and the Delta pilot strike vote underscores the difficulty in getting agreements through. It's time for the Company to get serious at the bargaining table and invest in the Delta pilots." Earlier this year, Alaska Airlines pilots voted to authorize a potential strike.
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