Saturday, November 26, 2022
HomeAll Ch00 Ch00 NewsBiden Averts Freight Railroad Strike ~ For 60 Days

Biden Averts Freight Railroad Strike ~ For 60 Days

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Biden Averts Freight Railroad Strike ~ For 60 Days

[/fusion_text][fusion_separator style_type=”none” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” flex_grow=”0″ top_margin=”15px” bottom_margin=”” width=”” alignment=”center” border_size=”0″ sep_color=”” hue=”” saturation=”” lightness=”” alpha=”” icon=”” icon_size=”” icon_color=”” icon_circle=”” icon_circle_color=”” /][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container admin_label=”Featured Image” hundred_percent=”no” hundred_percent_height=”no” hundred_percent_height_scroll=”no” hundred_percent_height_center_content=”yes” equal_height_columns=”no” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” status=”published” background_color=”#ffffff” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” 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Brotherhood of Locomotive Engineers and Trainmen (BLET)

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Thank You Sister, WCW

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“O come, let us worship and bow down: let us kneel before the LORD our maker.”  Psalms 95:6 (KJV) 

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Listen to the article below

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[fusion_dropcap boxed=”no” boxed_radius=”” class=”” id=”” color=”” text_color=””]W[/fusion_dropcap]orried about supply chain problems that are already causing problems for the nation’s economy, President Joe Biden took action Friday to prevent 115,000 US railroad workers from going on strike as planned early Monday morning,

A strike would have brought nearly 30% of the nation’s freight to a screeching halt.

Because those workers are covered by a different labor law than most of the nation’s workers, Biden had the power to block a strike by naming a board to try to come up with a compromise labor contract.

“These disputes threaten substantially to interrupt interstate commerce to a degree that would deprive a section of the country of essential transportation service,” said Biden in his order late Friday afternoon.

But the action by Biden could be only a short-term solution, setting the clock is ticking towards a possible work stoppage in 60 days.

The Presidential Emergency Board that Biden named Friday has 30 days to try to find a solution satisfactory to both sides. If either rejects it, a second 30-day “cooling off” period would begin in which the two sides try to reach a deal.

Only at the end of that second cooling-off period, which would be in mid-September, could the 12 unions that represent the railroad workers go on strike, or the nation’s major railroads could lock out the workers and try to convince Congress to intervene and impose a labor deal more to their liking.

So the recent trends of supply chain woes and US labor unrest appear poised to collide in the coming months, with US consumers paying the price in not getting the goods they want and need, or paying significantly more for whatever products are available.

Record profits, record union anger
The unions and their membership are angry and itching for a strike. They haven’t had a raise in three years, even as several railroads, including Union Pacific (UNP), Norfolk Southern (NSC) and Berkshire Hathaway (BRKA)’s Burlington Northern Santa Fe have reported record earnings.

And an even bigger gripe: understaffing that the unions argue is creating intolerable working conditions. Employment at the nation’s major railroads is down by more than 30,000, or about 20% of the workforce since the last contract was reached in 2017.

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[/fusion_text][fusion_button link=”https://www.cnn.com/2022/07/15/business/railroad-strike-threat/index.html” title=”” target=”_blank” link_attributes=”” alignment_medium=”” alignment_small=”” alignment=”left” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” sticky_display=”normal,sticky” class=”” id=”” color=”default” button_gradient_top_color=”” hue=”” saturation=”” lightness=”” alpha=”” button_gradient_bottom_color=”” button_gradient_top_color_hover=”” button_gradient_bottom_color_hover=”” gradient_start_position=”” gradient_end_position=”” gradient_type=”” radial_direction=”” linear_angle=”180″ accent_color=”” accent_hover_color=”” type=”” bevel_color=”” bevel_color_hover=”” border_top=”” border_right=”” border_bottom=”” border_left=”” border_radius_top_left=”5px” border_radius_top_right=”15px” border_radius_bottom_right=”5px” border_radius_bottom_left=”15px” border_color=”” border_hover_color=”” size=”medium” padding_top=”” padding_right=”” 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