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The board also recommended in its 119-page report a 3% increase for 2020 and 3.5% for 2021, when the rail workers did not have a contract, along with five $1,000 annual bonuses and an additional paid day off.
Talks between major freight railroads, including Union Pacific (NYSE:UNP), Berkshire Hathaway-owned BNSF, and CSX (NASDAQ:CSX), and unions representing 115,000 workers have dragged on for more than two years.
