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Axios
Axios
Business

Rail union rejects Biden-brokered labor deal, raising prospect of a strike

Joe Biden Axios White House

A union representing nearly 12,000 railroad workers on Monday voted down the tentative contract agreement between freight railroad companies and all 12 of their unions brokered by the White House last month.

Why it matters: The rejection, by the Brotherhood of Maintenance of Way Employes Division of the Teamsters (BMWED), raises the prospect once again of a nationwide rail strike. That would be devastating for the economy and possibly arrive during peak holiday season — a political headache for the Biden administration.

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