Biden pushed railways, unions to ‘be creative’ and ‘flexible’ to reach a deal and avoid a shutdown, White House says

Biden pushed railways, unions to ‘be creative’ and ‘flexible’ to reach a deal and avoid a shutdown, White House says


U.S. President Joe Biden greets negotiators who brokered the railway labor agreement after U.S. railroads and unions secured a tentative deal to avert a rail shutdown, in the Oval Office at the White House in Washington, September 15, 2022.

Kevin Lamarque | Reuters

President Joe Biden urged railway executives and union leaders to be creative and flexible in finding a compromise to avoid a shutdown that could have disrupted the transport of goods across the U.S., White House Press Secretary Karine Jean-Pierre said.

“The president’s message — it was very clear — we must get a deal done,” Jean-Pierre told reporters at a press briefing Thursday. “He pushed them once again to recognize the harm that would hit families, farmers, businesses and entire communities if there was a shutdown. He asked them to be creative, to be flexible, meet the others halfway as well, and he emphasized how significant the economic impacts could be.”

In negotiations that lasted nearly twenty hours, the Biden administration, including the president himself. along with Transportation Secretary Pete Buttigieg and Labor Secretary Marty Walsh, to reach a deal before the Friday deadline.

“You have to remember what we averted here,” Jean-Pierre said. “This would have been devastating for our economy, devastating for our supply chains.”

About 40% of the nation’s long-distance trade is moved by rail. If the unions had gone on strike, more than 7,000 trains would have been idled, costing up to an estimated $2 billion per day. The White House had been in talks with railroad workers’ unions and companies for several months, but negotiations hinged on the issue of unpaid sick time.

Tentative agreements were reached early Thursday morning with the major unions which collectively represent about 60,000 employees: Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood of Teamsters, the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division, and the Brotherhood of Railroad Signalmen.



Source

Why it’s getting even harder to get into airport lounges now
Business

Why it’s getting even harder to get into airport lounges now

Bloomberg | Bloomberg | Getty Images Airplane tickets are getting cheaper, but it’s getting more expensive to bring your family to an airport lounge. Capital One is the latest company to limit access to booming airport lounges to combat overcrowding. Starting Feb. 1, Venture X and Venture X Business cardholders will no longer be able […]

Read More
Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos
Business

Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos

Slate Auto electric vehicles inside the startup’s beta production facility in Lake Orion Township, Michigan. Slate Auto LAKE ORION TOWNSHIP, Mich. — In a nondescript supplier park in suburban Detroit, an electric vehicle startup backed by Amazon founder Jeff Bezos is building what it hopes will be America’s newest automaker. The facility is filled with […]

Read More
Used vehicle prices ease from tariff fear-buying highs but remain elevated
Business

Used vehicle prices ease from tariff fear-buying highs but remain elevated

A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT — Used vehicle prices last month eased from their recent high in April as consumers who may have needed a vehicle but feared price hikes due to tariffs flocked […]

Read More