IBEW is the third union to ratify the agreement resolving the current national bargaining round. Tentative agreements with nine other labor organizations remain subject to ratification. The ratification process will continue into at least mid-November, with all 12 unions agreeing to maintain the status quo until all union ratification votes are completed, no matter if any fail to ratify. On Sept. 14, NCCC announced that the Transportation Communications Union/IAM (TCU/IAM) and the Brotherhood of Railway Carmen (BRC), which together represent more than 11,000 rail workers, reached ratified agreements. On Sept. 1, IBEW leadership announced that it had reached a tentative agreement with the NCCC. The tentative agreement implemented Presidential Emergency Board (PEB) 250 recommendations, which include a 24% general compounded wage increase during the five-year period from 2020 to 2024 and an annual $1,000 service recognition bonus. The post IBEW Members Ratify Freight Rail Agreement appeared first on Railway Age. Continue reading...
