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 global supplies may cap soybean price strength, while sorghum prices hinge heavily on China’s export demand.
Weak soybean sales and soft wheat demand contrast with solid corn export strength.
AFBF Economist Dr. Faith Parum break down new survey findings on fertilizer affordability and producer sentiment heading into the 2026 growing season.
David Fisher with the American Lamb Board joined us to discuss a new sustainability program designed to boost producer profitability while supporting stewardship practices.
Trade disputes can quickly reduce demand for key crops.
