The third largest railroad union in the U.S., the Brotherhood of Maintenance of Way Employes Division, has rejected a deal with employers, renewing the potential for a strike that could have severe consequences for the economy.
More than half of workers voted to oppose the offered five-year contract, which included 24% raises and $5,000 in bonuses.
“Railroaders do not feel valued,” said union President Tony Cardwell in a statement. “They resent the fact that management holds no regard for their quality of life, illustrated by their stubborn reluctance to provide a higher quantity of paid time off, especially for sickness.”
The union now enters a status quo period and will consider new offers after Congress reconvenes on Nov. 14. The union will hold off on a strike until at least five days after Congress meets to allow negotiation time.
If trains stop moving, the economy will lose $2 billion a day, according to the Association of American Railroads.
