Freight rail customers are anxious for the tentative labor-railroad agreement to be ratified
tentative railroad-labor contract
“We hope railway workers will accept the new terms of the proposed contract and the railway system can continue to operate on behalf of the millions of hardworking Americans who rely on it for their jobs and the economic security of our country,” Mr. Shay said in a statement. The tentative deal must now be ratified by members of the various unions covered by the contracts. The timing for ratification votes hasn’t been set but it could take several weeks.
“If a deal is not completed in full, the 25% of apparel and footwear that typically touches the rail lines would immediately get stuck and threaten the busy fall shopping season,” said Steve Lamar, the association’s president and chief executive.
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