The Week in Business: Rail Strike Averted – The New York Times

What’s Up? (Sept. 11-17)

Rail Workers Win Some Demands

With less than 24 hours until a critical deadline for negotiations, the country’s largest rail companies reached a tentative agreement with labor unions representing some 115,000 workers early Thursday morning. An impasse in bargaining brought workers to the brink of a strike that could have started as soon as Friday, with far-reaching consequences for the already mangled supply chain as well as inflation and Amtrak service. The main sticking points had to do with scheduling and sick time: Labor groups were asking that workers be allowed to see a doctor or attend to a personal matter without risking disciplinary action. White House officials got involved in trying to bring the two sides to a deal both because of the economic impact of a work stoppage and the political impact on President Biden and his party before the midterm elections. Martin J. Walsh, the Labor secretary, helped broker the tentative agreement, which gives…

Read Full Story: https://www.nytimes.com/2022/09/18/business/the-week-in-business-rail-strike.html

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