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
RealAg Radio host Shaun Haney shares insight into Canada’s trade push in Mexico and what it could signal for agriculture and the USMCA moving forward.
Lawmakers from Texas and Tennessee outline priorities for USMCA renegotiations, focusing on tariffs, China trade concerns, beef prices, and stability for U.S. agriculture.
Adequate transportation capacity exists, but fuel costs and soft river demand could widen basis risk.
Lower oil prices may trim input costs but pressure biofuel demand.
Tight storage could widen basis and limit marketing flexibility.
Rising Chinese feed output — especially for swine — signals sustained demand for protein meals and feed inputs, even when meat production growth appears modest.
