(Source: CNBC, November 9, 2022)
The Brotherhood of Maintenance of Way Employees Division, the third largest rail union in the country, is extending its status quo period (no strike, no lockout) during which it wants to continue negotiations with the freight rail carriers. In a posting on its website, the BMWED explained that it has moved the end of its cooling off period from Nov. 19 to Dec. 4, the same date on which the Brotherhood of Signalmen Union (BRS) — the other rail union to reject the proposed deal with railroad management recommended by the Biden administration — status quo period ends.
Full story: CNBC