Leaders.com
  • Login
  • Subscribe
  • Business
  • Leadership
  • Wealth
  • Master Classes
  • Business
    • Entrepreneurs
    • Executives
    • Marketing and Sales
    • Social Media
    • Innovation
    • Women in Business
  • Leadership
    • Personal Growth
    • Company Culture
    • Public Speaking
    • Productivity
    • Hiring
    • Social Issues
    • Leaders
  • Wealth
    • Investing
    • Cryptocurrency
    • Retirement
    • Venture Capital
    • Loans and Borrowing
    • Taxes
    • Markets
    • Real Estate
  • Master Classes
  • Login
  • Subscribe
Business rail strike fears

Another union has rejected the tentative agreement suggested by the White House, raising concerns again about a potential rail strike. (Photo by Robert Alexander/Getty Images)

By Hannah Bryan Leaders Staff

Hannah Bryan

Hannah Bryan

News Writer

Hannah Bryan is a news writer for Leaders Media. Most recently she was a reporter for the Sanilac County News...

Full bio


Learn about our editorial policy

Oct 27, 2022

The Return of the Railroad Strike

Another rail-workers union has voted against the tentative agreement from the Biden administration—rekindling concerns about a rail strike. 

Key Details

  • The Brotherhood of Railroad Signalmen (BRS) is the second rail union to reject the tentative agreement between unions and rail administration brokered by the White House.
  • BRS is one of three unions still in negotiations and represents more than 10,000 rail workers. Over 60% of the union voted not to approve the agreement.
  • A rail strike poses a critical threat to the American supply chain and could cost the American economy $2 billion per day. 

Why it’s news

In September, the Biden administration helped unions and rail administration come to a tentative agreement in order to avoid a rail strike. Union representatives then took the agreement back to the rail workers who cast their votes. So far, rail workers aren’t pleased with the results of the negotiations.

BRS’s rejection of the agreement was a resounding one, with BRS president Michael Baldwin noting that this vote had some of the highest voter participation in BRS history. The rejection also marks the first time this union has rejected a national agreement. 

Earlier this month, the Brotherhood of Maintenance of Way Employees, a fellow rail union, also voted against the agreement. 

There are 12 total unions representing the 115,000 rail workers. Six unions so far have agreed to the tentative deal, but all 12 unions must reach an agreement in order to avoid strikes on the rail system. 

Per previous agreements, the rail workers cannot strike until November 19. 

Backing up a bit

In September, the Biden administration helped union representatives and the rail administration come to a tentative agreement. 

That agreement had recommended a 7% pay increase this year and retroactive increases for the last two years since negotiations have been ongoing since 2019.

Over the next two years, the agreement includes a 4% and a 4.5% wage increase and an annual $1,000 bonus. 

One of the main points of contention during negotiations had been a disagreement over sick leave policies. Though exact terms haven’t been outlined, President Joe Biden said in an earlier statement, “These rail workers will get better pay, improved working conditions, and peace of mind around their health care costs: all hard-earned.”

Home / News / The Return of the Railroad Strike
Share
FacebookTweetEmailLinkedIn

Related Stories

Senate And House Battle Over Debt-Ceiling Bill

by Hannah Bryan Leaders Staff
Public Policy

8 hours ago

debt ceiling

The U.S. Senate has announced hearings for committees to analyze the debt-ceiling bill passed by the Republican-led House last week. 

Key Details

  • Though the White House has stood firm in its refusal to negotiate the debt-ceiling terms with House Speaker Kevin McCarthy (R-CA), the House passed a bill last week to jumpstart negotiations. 
  • Senate Majority Leader Chuch Schumer (D-NY) announced Monday that Senate committees would evaluate the recently passed bill.
  • While McCarthy’s bill attempts to bring President Joe Biden to the table, the bill is unlikely to pass in the Senate. 
  •  "The president says, 'I'm not going to talk to him until he offers a plan,’" McCarthy says. "Not only did we offer a plan, we passed it.”

Go deeper

FacebookTweetEmailLinkedIn

Gen Z Is Changing Workplace Habits

by Hannah Bryan Leaders Staff
Company Culture

10 hours ago

working late

Remote work has opened the door for many changing workplace traditions, including changing the nine-to-five workday. 

Key Details

  • Hard workers and early risers are often associated with one another, but a recent study shows that most Gen Z employees prefer to begin their work at 6 p.m.
  • In an Adobe study that sampled workers in the UK, U.S., and Japan, younger workers were found to be more productive in the evenings, Fortune reports. 
  • These younger employees prefer to work through the night and spend their downtime during the daylight hours. 
  • Only 6% of Boomers reported being productive from 6 p.m. to 3 p.m. compared to 26% of Gen Zers. 

Go deeper

FacebookTweetEmailLinkedIn

Phoenix Suns Shift From Traditional Broadcasting 

by Tyler Hummel Leaders Staff
Entertainment

11 hours ago

The owner of the Phoenix Suns and Phoenix Mercury is striking out on his own—shifting away from traditional broadcasting deals. 

Key Details

  • The bankruptcy of Diamond Sports Group in March has resulted in numerous sports teams attempting to void their streaming contracts. 
  • Two Phoenix, Arizona-based teams are making a similar attempt, shaking their traditional local streaming contract with Bally Sports Arizona to seek new opportunities. 
  • Both teams announced on Friday that games will be broadcast on over-the-air local television in Phoenix, Tucson, and Yuma and that free broadcasts will be made available through streaming. 
  • Diamond has argued that the announcement is a breach of contract for the sports teams, while ESPN is warning that the decision could cost tens of millions of dollars in the short term for the teams. 
  • The team owner believes the change will “more than triple the reach” of their audience. 

Go deeper

FacebookTweetEmailLinkedIn
Markets

11 hours ago

Dimon Says: (Part Of) the Banking Crisis Is Over 

by Tyler Hummel Leaders Staff
Social Media

11 hours ago

Battle Of the Twitter CEOs 

by Tyler Hummel Leaders Staff
right to repair
Business

12 hours ago

Farmers Still Struggle To Fix John Deeres

by Hannah Bryan Leaders Staff

Recent Articles

Personal Growth

17 hours ago

How Adaptability Can Make or Break Your Career in the Coming Years

The business world is always changing, making adaptability a necessary skill.

Wealth

Apr 27, 2023

How to Make an Extra $1000 a Month Starting With Only $100 

You can make an extra $1000 per month with a small upfront investment or a part-time job.

Leadership

Apr 26, 2023

Narcissists in the Workplace: Signs Your Coworker or Boss Might Be One of Them

Narcissistic bosses do whatever it takes to gain success and power.

  • Business
  • Leadership
  • Wealth
Join the Leaders Community

Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business.

Subscribing indicates your consent to our Terms & Conditions and Privacy Policy

Leaders.com
  • Privacy Policy
  • About
  • Careers
  • Cookie Policy
  • Terms
  • Disclosures
  • Editorial Policy
  • Member Login

© 2023 Leaders.com - All rights reserved.

Search Leaders.com

x