“Our research shows just how far railroad executives will go to funnel record profits to their shareholders—even if that means stagnant wages, inhumane attendance policies, and throwing our supply chain into further turmoil,” said one Groundwork Collaborative analyst.
While Fighting Workers, Railroads Made Over $10 Billion in Stock Buybacks
H/T: Unorthodox Truth
A national rail strike could still be on the table if rank-and-file workers reject the tentative agreement announced by the White House this week.
“It’s Not Over”: While Biden Touts Rail Deal, Workers Have Yet to Vote—And Many Remain Skeptical
Related:
Democratic House Speaker Pelosi to rail workers: Accept a pro-company deal or we’ll force you to
Congress intends to intervene to prevent a national rail strike and unilaterally impose a concessions contract, Steny Hoyer, the second highest ranking Democrat in the House of Representatives, told Bloomberg News on Monday.
Millionaires’ Congress threatens to intervene against potential US railroad strike
Video via Anarchistara
Federal regulators and the White House have been scrambling to prevent poor service and a possible strike from jamming up a vital but often overlooked network.
A US Freight Rail Crisis Threatens More Supply Chain Chaos
Ms. Cat’s Chronicles 