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Retail trade groups say a rail strike would be devastating to the economy
Railroad companies ‘disappointed’ some unions rejected initial deal: Ian Jeffries
Association of American Railroads president and CEO Ian Jeffries says 6 out of 12 unions have agreed to the railroad worker contract negotiations.
Retail industry groups reacted Monday to the possibility of a rail strike happening in early December going up.
The Transportation Division of the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART-TD) announced Monday that member voting on the September agreement negotiated by President Joe Biden’s Presidential Emergency Board had returned split results. SMART-TD-represented yardmaster members voted in favor of contract ratification, whereas its train and engine service members rejected theirs, according to the release.
ANOTHER RAIL UNION REJECTS DEAL, ESCALATING STRIKE THREAT AHEAD OF THE HOLIDAYS
As of Monday, one-third of the twelve rail unions have voted against the agreement. That means a strike could potentially happen in early December, unless the railroads and unions reach a deal or Congress intervenes before then.