Fears of strike action across the rail freight network in the US have been allayed following union agreement to a deal proposed by the Class 1 railroads on pay and conditions
The deal provides rail employees with a 24% wage increase over a five-year period from 2020 to 2024, including an immediate average pay out of $11,000. It follows settlement recommendations made by the Presidential Emergency Board (PEB) back in mid-August this year.
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