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Three additional freight railroad unions secure tentative deals.
The National Carriers' Conference Committee stated that three more railroad unions have struck tentative agreements with US freight railroads on a new labor contract (NCCC). The International Brotherhood of Teamsters' Brotherhood of Maintenance of Way Employes Division, the International Brotherhood of Boilermakers, and the International Association of Sheet Metal, Air,...
Class I railroads will halt security-sensitive goods ahead of a possible strike.
The Class I railroads are ready to alter operations in the event of a strike on September 16, stating that shipments of security-sensitive and hazardous cargo will be suspended. Norfolk Southern Chief Marketing Officer Ed Elkins described how NS (NYSE: NSC) would begin to apply embargoes for specific types of...