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Major U.S. railroads have new tentative agreements with four of the 11 unions needed to avert a potential nationwide strike or lockout in December.


He said the TCU’s tentative contract, which must be approved in a vote, would offer a 20.1 percent increase in wages over six years, plus a 1 percent bonus. “By any measure, this agreement delivers excellent increases in compensation while holding the line on employee health care costs,” Scardellitti said.


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