The threat of a nationwide rail strike popped up again when nearly 12,000 Teamsters this week rejected a contract proposal hashed out by the Biden administration last month to guarantee medical time off and a 24% wage hike.
Their refusal could spell bad news for the US supply chain, which transports about 40% of its long-haul cargo by rail. While the group’s decision to vote “no” doesn’t present immediate trouble for the economy, it doesn’t exactly bode well heading into the busy holiday season.
VIDEO: Union Busting: What Employers Can and Cannot Legally Do
1. Who rejected ...
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