The largest freight union, SMART Transportation Division, comprised of 28,000 workers has rejected the contract agreement brokered by the Biden Administration.
Almost 51 percent voted against the deal.
Another large union, the Brotherhood of Locomotive Engineers and Trainmen, voted to ratify the agreement by 53 percent, according to Reuters.
The agreement gives workers a quarter percent increase in pay over five years, and some changes to the railroads’ strict attendance policies.
There are now four unions that have voted down the agreement. If no agreement is reached by December 8th, the railroads could lock workers out or workers could go on strike.
Story via David Shepardson and Lisa Baertlein with Reuters
Related Stories
Rising protein demand supports long-term trade in feed and meat.
China’s stricter inspection rules prompt Cargill to pause soybean exports from Brazil, briefly lifting U.S. soybean prices as traders anticipate potential shifts in global trade, as export demand remains supportive across all major U.S. commodities.
Suderman joins Tony St. James in the RFD Studios to discuss how geopolitical tensions are triggering global transport disruptions, new inflation pressures, and other challenges for agriculture to navigate.
Dr. David Anderson with Texas A&M University AgriLife Extension discusses how geopolitical tensions and the Middle East, along with export disruptions in the Chinese market, will shape cattle markets in the months ahead.
Energy shifts influence diesel and fertilizer costs.
ASFMRA’s Craig Thompson shares insights for American farmers who are navigating farmland markets amid agricultural uncertainty.
