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The Guardian - US
The Guardian - US
Business
Michael Sainato

US railroad workers prepare for strike as rail companies see record profits

Protesters with signs outside of the 2022 Berkshire Hathaway shareholders meeting.
People protest outside the Berkshire Hathaway 2022 annual shareholders meeting; Berkshire Hathaway owns the BNSF railroad, which saw record profits in 2021 amid labor disputes with its employees. Photograph: Anna Reed/AP

US freight railroad workers are close to striking over claims that grueling schedules and poor working conditions have been driving employees out of the industry over the past several years.

Heated negotiations over a new union contract between railroad corporations and 150,000-member-strong labor unions have been ongoing for nearly three years. A “cooling off” period imposed by the Biden administration after it issued recommendations to settle the dispute ends on Friday. If no deal is reached, unions are threatening industrial action – the first since 1992 – and workers say they will quit an industry already facing staff shortages.

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