DENVER (KDVR) — Rail freight interruptions appear to have been avoided. The rail freight workers unions and their management tentatively agreed to a contract early Thursday morning.
Freight unions had rejected an earlier deal that would have increased pay but not addressed working schedules. Union leaders said working hours and schedules for freight workers were lengthy and irregular and needed to change moving forward. They threatened a nationwide strike until conditions were improved.
The strike would have squeezed an already inflation-wracked economy even further, raising prices on everything from consumer goods to energy prices.
The irregular hours go with above-average pay. Freight rail workers outearn most Americans in their compensation.
The American Association of Railroads keeps records of the average freight rail worker pay in all 50 U.S. states and the District of Columbia. Freight rail workers make a national average of $126,000 per year in pay and benefits across the country.
Colorado’s freight worker pay is slightly lower, an average of $123,000 for the estimated 2,259 workers in the state.
Freight rail pay exceeds the national median income substantially.
The median household income in 2019 was $66,000, meaning freight rail workers make roughly double the median American home.
In Colorado, they make slightly less than double the median state income of $77,000 per year.
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Joe will give thm anything they want so long as it does not vcome out of HIS pocket, especially before the election. Inflating the cost of transporting goods beyond their market value is not a conceptp Joe and his socialist men manipulators can grasp. Winning the next election is all they can patholocigally follow for the immediate gratification fo elections won, with the long term pain and suffering by THE PEOPLE who pay in higher costs later.
“Paying the Freight” is an expression meaning to pay as yo go, or paying your own way, a concept also foreign to the Democrat Liberal mind of social wealth redistribution.
ANYTHING Govt gives unions, NEVER COMES OUT OF THEIR OWN pockets. They only EVER come out of our pockets, since we are the TAX victims!
Biden probably didn’t do anything, the democrats just grabbed an opportunity to try to make themselves look like they are the saviors of their own failures. If Biden did anything it was probably that he promised to have more money printed to compensate the railroads for whatever their cost was for reaching a settlement. The bottom line it just means higher transportation costs and the accompanying increase in consumer prices.