Railroads said they won't lock out workers, and negotiators met with Labor Secretary Marty Walsh, as a deadline to avert a strike rapidly approached
Negotiators from railroad carriers and unions met in Labor Secretary Marty Walsh's office Wednesday as the sides tried to negotiate a deal ahead of Friday's strike deadline.The railroads, for their part, "have no plans to lock out workers Friday should negotiations not be successfully completed," the Association of American Railroads told CNBC.
Eight of 12 railroad unions have reached tentative deals with companies as of earlier this week, but two of the biggest unions, BLET and the SMART Transportation Division are still talking to carriers. The two groups represent about half of union railroad workers. In an email to members, the National Customs Brokers & Forwarders Association of America listed the timeline of closures. CNBC has compiled a list of just some of the rail changes ahead of the deadline:Wednesday: Norfolk Southern stops receiving exportsand the other railroads have been ramping down freight in anticipation of a strike to move critical hazmat materials, such as chlorine and ethanol. This freight is taking priority over common freight.
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