Wednesday, September 28, 2022
- Advertisement -

President Biden faces deadline in U.S. railroad labor standoff

- Advertisement -spot_img
spot_img

EDITOR'S CHOICE

U.S. President Joe Biden faces a deadline next week to intervene in nationwide U.S. railroad labor talks covering 115,000 workers, or open the door to a potential strike or lockout that could threaten an already fragile economy and choke supplies of food and fuel.

The stakes are high for Biden, who wants to tackle inflation-stoking supply-chain woes and is already working to reach a deal in the critical labor talks at West Coast seaports.

If the president declines to intercede in the railroad labor negotiations by appointing a Presidential Emergency Board (PEB) before 12:01 a.m. EDT on Monday, the railroads and unions could opt for operational shutdowns or strikes, respectively. If appointed, the board would make recommendations that could be used as a framework for a voluntary settlement.

A White House official told Reuters the administration “is going through the standard process that has been used in the past when considering a PEB.” The White House declined further comment.

Parties in the current talks expect Biden to appoint a board as President Barack Obama did to help resolve a wage and healthcare benefit standoff at the largest freight railroads in 2011.

“People in the executive branch and in Congress know how vital our freight rail system is to our economy,” said Greg Regan, president of the AFL-CIO Transportation Trades Department that represents several railroad unions.

Secure Your Child’s Place at
DREAM BRIDGEMAN ACADEMY

Dream Bridgeman Academy is an international school in Yerevan deploying the Oxford International Curriculum under the supervision and evaluation of Oxford University Press.
It caters for children between the ages of 1.5 yrs to 6 yrs.
Book your tour and secure your place now.
Phone: +374 93 703005
www.bridgeman.am

spot_img
- Advertisement -spot_img
spot_img
- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Ara D. Kassabian CPA, based in Glendale, California, provides a full range of tax preparation, accounting and bookkeeping services, either in your facility or at our location. Making it quick and easy to file your taxes.

spot_img

Support Zartonk Daily

NEWSFEED

Pyro Drone is the leading source of professional FPV drone racing parts, gear, and accessories. We strive our best to deliver the latest and most reliable FPV gear available on the market. Bringing the highest quality at an affordable price, our flagship Hyperlite line is amongst the most competitive FPV drone racing parts in the industry. For FPV racing frames, motors, batteries, straps, and more - Pyro Drone is truly your one stop shop for all things in drone racing!

spot_img
spot_img