Railroad workers secured a deal Thursday that will deliver 24% raises and $5,000 bonuses over five years and it will also address some of their concerns about strict attendance rules and time off.
The deal that's retroactive to 2020 will give rail workers the biggest raises they've seen in more than four decades. But the concessions related to working conditions may prove to be more important to them. The nation's biggest railroads, including Norfolk Southern, CSX, BNSF, Union Pacific and Kansas City Southern all negotiated jointly with 12 unions.
