By: Zachary Lopez (ZachNews)
Sources: The White House (Information)
United States of America: The United States President Joe Biden has announced on Thursday, September 15th, 2022 tentative railway labor agreement was reached averting a potential railroad strike.
The deal with unions representing more than 50,000 engineers and conductors was announced just after 5:00 a.m. ET (1:00 a.m. PT) in a statement from the White House.
According to the White House, United States President Joe Biden said the tentative deal “will keep our critical rail system working and avoid disruption of our economy.”
The agreement is “an important win for our economy and the American people,” and “It is a win for tens of thousands of rail workers who worked tirelessly through the pandemic to ensure that America’s families and communities got deliveries of what have kept us going during these difficult years.”
United States President Joe Biden said the rail workers will get better pay, improved working conditions and “peace of mind around their health care costs: all hard-earned.”
The new contracts is said to provide rail employees a 24% wage increase during the five-year period from 2020 through 2024, including an immediate payout on average of $11,000 upon ratification, according to the Association of American Railroads. All tentative agreements are subject to ratification by the unions’ membership.
According to the Association of American Railroads, the tentative agreements have been reached with the Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood of Teamsters, the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division, and the Brotherhood of Railroad Signalmen, which collectively represent approximately 60,000 employees.
Negotiators from railroad carriers and unions met in Labor Secretary Marty Walsh’s office on Wednesday, September 14th, 2022 as the sides tried to negotiate a deal ahead of the railroad strike deadline which was at 12:01 a.m. ET on Friday, September 16th, 2022.
The announcement also comes after Amtrak were to begin cancelling all of their long distance passenger train routes due to a potential railroad.
No response as of yet from Amtrak on if those long distance passenger train routes will be put back into service.
“I thank the unions and rail companies for negotiating in good faith and reaching a tentative agreement that will keep our critical rail system working and avoid disruption of our economy,” said United States President Joe Biden.
More information is still coming into ZachNews.