The New York Times: Railroad Unions and Companies Reach a Tentative Deal to Avoid a Strike
President Biden praised the agreement as a “big win” for workers and the rail companies.
By JIM TANKERSLEY
WASHINGTON — Freight rail companies and unions representing tens of thousands of workers reached a tentative agreement to avoid what would have been an economically damaging strike, a relief for American businesses and consumers and a win for President Biden, whose administration helped broker the deal.
The breakthrough was announced by Mr. Biden early Thursday morning after all-night talks hosted by his labor secretary, Martin J. Walsh.
In remarks at the White House on Thursday, Mr. Biden hailed the agreement as positive for both workers and companies alike.