OMAHA, Neb. (AP) — A fifth union has now ratified its deal with the major freight railroads just days after one of the largest rail unions rejected their tentative agreement.
The five-year deal includes 24% raises and $5,000 in bonuses for workers who have gone without a raise since before the pandemic began.
A sixth rail union is set to vote Thursday, but all 12 rail unions must endorse their deals to prevent a strike that would devastate the economy.
Fears of a strike were renewed earlier this week when track maintenance workers voted down their contract, but that union agreed to return to the bargaining table before considering a walkout.
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