Wednesday, October 5, 2011

Rails Look for Obama To Intervene in Labor Talks

(Journal of Commerce Online – John D. Boyd)

Presidential action would have to come by midnight Thursday to avert strike

The U.S. freight rail industry is looking for President Obama to step into a labor dispute affecting most major railroads and many of their unions, before a Thursday midnight deadline would allow strikes or lockouts to begin.

Train engineers, track repair crews and a host of other workers are almost at the end of a 30-day countdown to self-help action that could begin at 12:01 a.m. Oct. 7, after the National Mediation Board last month released workers from its oversight of stalled contract talks. Read more here.