Reported about 2 months ago
Norfolk Southern and BNSF have successfully negotiated early, tentative five-year contracts with several unions, covering about 30% and 15% of their respective unionized workforces. These agreements promise annual wage increases averaging 3.5%, enhanced vacation time, and improved healthcare benefits, reflecting the increasing bargaining power of labor in the wake of workforce challenges following the COVID pandemic. Union leaders have praised these deals as significant steps forward.
Source: YAHOO