Automotive
16 August 2022, 6:39 pm. 1 minute
| 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
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https://www.globalcourant.com/reuters-reveals-bidens-emergency-board-calls-for-railroad-wage-hikes-to-resolve-contract-talks/?feed_id=16365&_unique_id=630983eb7e5f0
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