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9/12/2022
The National Carriers' Conference Committee (NCCC), which represents the nation's major freight railroads in national collective bargaining, yesterday announced it reached tentative agreements with the Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters, the International Brotherhood of Boilermakers and the International Association of Sheet Metal, Air, Rail and Transportation Workers—Mechanical Department.
The tentative agreements follow the recommendations of the Presidential Emergency Board No. 250. They include a 24% wage increase during the five-year period from 2020 through 2024 — with a 14.1% wage increase effective immediately — and five annual $1,000 lump-sum payments. Portions of the wage increases and lump-sum payments are retroactive and will be paid out promptly upon ratification of the agreements by the unions’ membership, NCCC officials said in a press release.
The carriers are in active discussions with the remaining unions about finalizing agreements based on the PEB’s recommendations. The two operating craft unions, Brotherhood of Locomotive Engineers and Trainmen and SMART-Transportation Division, have not accepted tentative agreements.
Under the Railway Labor Act, the carriers and the unions that have not reached agreements remain in a cooling-off period, which ends at 12:01 a.m. EDT Sept. 16.