Stock Market News

Latest on ratification status of U.S. railroad unions to avert strike

2022.09.29 06:14



© Reuters. FILE PHOTO: A commercial freight train carries a load of shipping containers at the Port of Savannah, Georgia, U.S. October 17, 2021. REUTERS/Octavio Jones

(Reuters) – Major U.S. railroads and unions representing 115,000 workers reached a tentative deal last week and averted a potential strike that could have stalled almost 30% of U.S. cargo shipments by weight, stoked inflation and cost the U.S. economy as much as $2 billion per day.

Although a strike was avoided with intervention from the Biden administration, uncertainty still looms over the industry as most unions are yet to ratify the deal.

Find below the status of the tentative deal involving the 12 unions, some of whom have already ratified or rejected it, with others still to vote over the next few weeks.

Union Name Ratification

status

Transportation Communications Union/IAM Rejected

Brotherhood of Railway Carmen Approved

International Association of Machinists Rejected

and Aerospace Workers

American Train Dispatchers Association Approved

Brotherhood of Maintenance of Way Voting closes

Employees Division of the International on Oct.9

Brotherhood of Teamsters

International Association of Sheet Metal, Sometime this

Air, Rail and Transportation Workers – week

Mechanical Department

International Association of Sheet Metal, Sometime this

Air, Rail and Transportation Workers – week

Transportation Division

International Brotherhood of Electrical Approved

Workers

International Brotherhood of Boilermakers Union could

not be

reached

National Conference of Firemen & Oilers,

SEIU Voting closes

on Oct. 13

Brotherhood of Locomotive Engineers and Union could

Trainmen Division of the International not be

Brotherhood of Teamsters reached

Brotherhood of Railroad Signalmen Union could

not be

reached



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 100,753.99 4.22%
ethereum
Ethereum (ETH) $ 3,160.97 5.57%
xrp
XRP (XRP) $ 2.98 5.10%
tether
Tether (USDT) $ 0.999792 0.02%
solana
Solana (SOL) $ 232.57 10.09%
bnb
BNB (BNB) $ 658.23 4.66%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.326729 8.22%
cardano
Cardano (ADA) $ 0.916723 6.95%
staked-ether
Lido Staked Ether (STETH) $ 3,156.81 5.41%
tron
TRON (TRX) $ 0.241792 4.57%
chainlink
Chainlink (LINK) $ 23.71 7.79%
avalanche-2
Avalanche (AVAX) $ 34.87 7.72%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,767.48 5.10%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 100,698.98 3.99%
the-open-network
Toncoin (TON) $ 4.86 4.82%
hedera-hashgraph
Hedera (HBAR) $ 0.315156 10.02%
stellar
Stellar (XLM) $ 0.395815 6.43%
sui
Sui (SUI) $ 3.73 11.19%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 7.82%
weth
WETH (WETH) $ 3,166.16 5.31%
polkadot
Polkadot (DOT) $ 5.92 6.82%
leo-token
LEO Token (LEO) $ 9.73 0.29%
litecoin
Litecoin (LTC) $ 113.97 8.33%
bitcoin-cash
Bitcoin Cash (BCH) $ 416.80 6.16%
bitget-token
Bitget Token (BGB) $ 6.80 13.00%
hyperliquid
Hyperliquid (HYPE) $ 20.75 14.86%
usds
USDS (USDS) $ 0.997954 0.26%
uniswap
Uniswap (UNI) $ 10.91 10.99%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,346.89 5.23%
ethena-usde
Ethena USDe (USDE) $ 0.999271 0.17%
pepe
Pepe (PEPE) $ 0.000013 13.57%
near
NEAR Protocol (NEAR) $ 4.60 8.78%
official-trump
Official Trump (TRUMP) $ 26.58 13.58%
aave
Aave (AAVE) $ 302.21 9.22%
mantra-dao
MANTRA (OM) $ 4.67 5.42%
aptos
Aptos (APT) $ 7.33 11.72%
ondo-finance
Ondo (ONDO) $ 1.31 10.54%
internet-computer
Internet Computer (ICP) $ 8.58 7.51%
monero
Monero (XMR) $ 222.47 1.02%
whitebit
WhiteBIT Coin (WBT) $ 28.10 1.05%
ethereum-classic
Ethereum Classic (ETC) $ 25.99 3.93%
mantle
Mantle (MNT) $ 1.11 8.39%
vechain
VeChain (VET) $ 0.04403 8.97%
dai
Dai (DAI) $ 1.00 0.04%
crypto-com-chain
Cronos (CRO) $ 0.130341 6.19%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.419224 4.77%
bittensor
Bittensor (TAO) $ 419.96 2.87%
render-token
Render (RENDER) $ 6.40 9.69%
kaspa
Kaspa (KAS) $ 0.124876 6.21%