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Railroads Back Plan Calling for 24% Raises

August 17, 2022

The major freight railroads signaled they’re ready to negotiate a new deal with their workers based on a presidential report that calls for 24% raises, but the 12 unions involved in the stalled talks covering 115,000 workers still haven’t commented on the recommendations.

The group that represents BNSF, Union Pacific, Norfolk Southern, CSX and other railroads in the talks said Aug. 17 that even though the report issued by the Presidential Emergency Board that Joe Biden appointed last month calls for higher raises than the companies had proposed, they want to reach an agreement to avoid a strike.

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