Category: Railroads

With Senate Vote, Congress Moves to Avert Rail Strike

The New York Times – Business:
Bipartisan coalitions in the House and Senate pushed through a bill that would impose an agreement between rail companies and their workers.
What to Know About Biden’s and Congress’s Involvement in the Rail Strike

The New York Times – Business:
President Biden called on Congress to pass legislation to head off a holiday-season rail strike, warning that a disruption to service could cause dire economic damage.
Some Rail Workers, Seeking Sick Days, Say Biden Betrayed Them

The New York Times – Business:
The request for Congress to impose contract terms that several unions had rejected rankled rank-and-file members who had rallied behind the president.
What We Know About the Railroad Labor Talks to Prevent a Strike

The New York Times – Business:
Congressional lawmakers vowed to act quickly to prevent a strike by tens of thousands of rail workers, which would have a devastating effect on the economic recovery.
What We Know About the Railroad Labor Talks

The New York Times – Business:
President Biden has asked congressional lawmakers to step in to help prevent a possible strike by tens of thousands of rail workers, which would have a devastating effect on the economic recovery.
Key Union Votes Down Freight Rail Contract, Making Strike More Likely

The New York Times – Business:
The tentative agreement, brokered in September with help from the Biden administration, had averted a strike before the midterm elections.
Supreme Court Debates Pennsylvania Law Opening Courts to Suits Against Companies

The New York Times – Business:
A novel Pennsylvania law requires corporations that do business in the state to consent to being sued there, even if the suits have nothing to do with the state.
Kenya Discloses Part of Secret Railway Contract With China

The New York Times – Business:
The public disclosure of a 2014 loan agreement for a cross-country train fulfilled a campaign vow by President William Ruto and revealed China’s tough terms.
Berkshire Hathaway Reports Third-Quarter Loss

The New York Times – Business:
The company’s huge investment portfolio lost money, while its insurance arm felt the effects of Hurricane Ian and inflation-driven rises in property and damage claims.
For Rail Workers, Anger Persists Over Sick Leave

The New York Times – Business:
A tentative new contract brokered by the White House offered employees one day off, leaving some dissatisfied and raising the risk of another impasse.