FreightWaves CEO Craig Fuller argues the railroad labor agreement will empower other essential utility industries to demand wage increases and 'take down' operations.
," could convince other utility industries to re-evaluate their compensation and working conditions, and force employers to cave to demands.
FreightWaves CEO Craig Fuller says the tentative railroad labor deal is a"sign" that the labor movement has an"enormous amount of power" on"Mornings with Maria" on Tuesday, September 20, 2022. "Unfortunately, because there aren't a lot of alternatives for certain industries, particularly the ports, we're sort of going to have to deal with this and just face the reality that labor has a lot more power today than it has in the past two decades," Fuller explained., like the freight rail and port systems, have the power to "take down" their operations.
"It not only potentially puts pressure on the companies, but more worrisome, it puts pressure on the entire economy," Fuller said. "And we've seen what happens when supply chain disruptions happened on the West Coast over the past year. It is a worrisome thing for sure." The tentative deal, which would have catalyzed a nationwide rail worker strike, has already faced backlash from local union representatives. Members of the International Association of Machinists and Aerospace Workers District 19 already rejected the agreement, although they agreed to postpone a strike until Sept. 29 to allow more time for negotiations and other unions to vote.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Watch Jim Cramer's full interview with Intuit CEO Sasan GoodarziThe 'Mad Money' host interviewed Intuit CEO Sasan Goodarzi on Monday's episode of the show.
Consulte Mais informação »
Watch Jim Cramer's full interview with Dutch Bros CEO Joth RicciThe 'Mad Money' host interviewed Dutch Bros CEO Joth Ricci on Monday's episode of the show.
Consulte Mais informação »
Warner Bros. Discovery Financial Woes May Prevent DC From Finding Its Kevin FeigeA new report suggests Warner Bros. Discovery's debt may be hindering the search for DC Films’ leadership
Consulte Mais informação »
Nikola CEO testifies that company's founder misstated factsNikola CEO Mark Russell told jurors that founder Trevor Milton 'was prone to exaggeration' in court. The company continues to operate in Arizona.
Consulte Mais informação »
Twilio CEO announces 11% of employees will lose jobs in 'Anti-Racist' focused layoffsCorporate communications company Twilio laid off 11% of its workforce in reductions that were done through an “Anti-Racist” and “Anti-Oppression” lens.
Consulte Mais informação »