Thursday, September 8, 2011

U.S. President Could Intervene in Rail Freight Dispute

(International Freighting Weekly – Kizzi Nkwocha)

Unions and railroads still at loggerheads after a year of talks

The White House could intervene to resolve contract disputes involving union workers at the largest U.S. freight railroads.

Talks between 11 major unions and a group overseeing negotiations for CSX Corp, Burlington Northern Santa Fe, Norfolk Southern, Union Pacific and other railroads have failed to reach a settlement after more than a year of bargaining, officials said yesterday. It is understood that rising healthcare costs are a key sticking point in the talks. Read more here.