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(The NMB issued the following news release on November 24.)

WASHINGTON — The National Mediation Board (NMB) is pleased to announce that the Brotherhood of Locomotive Engineers and Trainmen of the International Brotherhood of Teamsters (IBT/BLET) and the Iowa, Chicago, and Eastern Railroad (IC&E) have agreed to arbitrate remaining issues to resolve their collective bargaining dispute, thus averting a potential work stoppage.

Mediation was guided by NMB Mediator John Livingood.