Reuters reveals Biden's emergency board calls for railroad wage hikes to resolve contract talks | Reuters News Agency
Automotive

Reuters reveals Biden’s emergency board calls for railroad wage hikes to resolve contract talks

16 August 2022, 6:39 pm 1 minute
By Reuters News Agency
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.
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
Biden railroad
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