Rank-and-file members of the nation's largest rail union, which represents the industry's conductors, rejected a tentative labor deal with freight railroads, the union announced Monday. That significa
One of two of the country's largest railroad unions said Monday their members voted to reject a new wage deal brokered by the White House, moving closer to a labor strike that could disrupt some suppl
Could now a good time for investors' to turn their attention to these railroad stocks?
Yahoo Finance Live's Julie Hyman reports that the largest railroad union has rejected a tentative labor deal, leading many to believe a strike is in the future.

Railroad Unions Split Over Labor Contract

09:26am, Monday, 21'st Nov 2022
Members of the conductors union narrowly voted to reject a new wage deal brokered by the White House, while the engineers union narrowly ratified the deal.
The tentative agreement, brokered in September with help from the Biden administration, had averted a strike before the midterm elections.
SMART-TD, one of the largest rail unions, voted down a labor deal and a national strike could begin in December, a serious blow to the economy.
Key rail union votes and decisions are coming as UPS, retailers, and the U.S. economy prepare for a potential strike that could shut down the freight network.
CSX Corporation (NASDAQ:CSX ) Stephens Annual Investment Conference 2022 November 15, 2022 10:00 AM ET Company Participants Kevin Boone - EVP & Chief, Sales & Marketing Conference Call Participants Ju
CSX Corporation (NASDAQ:CSX ) Baird 52nd Annual Global Industrial Conference 2022 November 9, 2022 10:40 AM ET Company Participants Garrett Holland - Baird Conference Call Participants Sean Pelkey - E
With improvement in mind, CSX is positioned for growth.
A second rail union, Brotherhood of Railroad Signalmen, voted overwhelmingly to reject a deal with railroad companies needed to avert a nationwide strike.
Big Tech firms like Alphabet, Microsoft and Apple, as well as retail giants like Coca-Cola, are all set to report earnings this week.
CSX, which delivered a third-quarter earnings beat and robust guidance last week, is well positioned to boost the performance of its rail network, analysts say.
As new CSX president and CEO Joe Hinrichs settles into his role, a major focus for the former auto executive will be instilling a company culture that values not only the railroad's existing and poten
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