bullish
The Commodity Report #69
SUMMARY
- Probably the best news of the week was that a rail strike in the US was averted after both parties agreed on a deal including higher wages and benefits for rail workers.
- The deal includes a 24% wage increase over five years, including 14,1 % effective immediately as well as five annual $1.000 payments, according to the National Carriers’ Conference Committee.
- According to the Bureau of Labor Statistics, there are currently 150.000 people working in the US railway sector.
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