Labor Agreement

Union Pacific (UNP) and the International Brotherhood of Boilermakers (IBB) reached a labor agreement ensuring job security for boilermakers amidst the proposed merger with Norfolk Southern, which aims to create the first coast-to-coast rail network in the U.S. This is the fourth such agreement UNP has secured with national unions, signaling growing confidence in the merger’s potential benefits. The deal seeks to mitigate potential labor disruptions and establish a more efficient and resilient supply chain, benefiting employees, customers, and the American economy. Analysts predict this move will optimize freight transportation.

JD.com and Shanghai delivery riders reached a landmark agreement, brokered by the trade union, guaranteeing full-time riders a minimum income of 5,000 RMB/month for their first three months and hourly rates of at least 25 RMB for contract workers. Key provisions include daily work hour caps at 11 hours with rest reminders, algorithm adjustments to extend delivery times in challenging conditions, speed limits of 25 km/h, provision of 50,000 smart helmets, and work suspensions during extreme weather. (94 words)