| Reuters exclusively reported that U.S. President Joe Biden’s emergency board, tasked with helping major freight railroads and unions end a contract negotiation stalemate, proposed annual wage increases of between 4% and 7% through 2024. A lockout or strike could send prices for necessities higher and upend battered U.S. supply chains ahead of mid-term elections that will determine whether Biden’s Democratic party holds narrow control of the House of Representatives and Senate. |
Automotive
Reuters reveals Biden’s emergency board calls for railroad wage hikes to resolve contract talks
16 August 2022, 6:39 pm. 1 minute
Article Tags
Topics of Interest: Automotive
Type: Reuters Best
Sectors: Business & FinanceGovernment & Public Services
Regions: North America
Countries: US
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
