Free Trial

New Jersey Transit train engineers reject labor deal with management

In this Aug. 3, 2018, file photo, a New Jersey Transit train leaves the Bound Brook Station in Bound Brook, N.J. (AP Photo/Julio Cortez, File)

NEWARK, N.J. (AP) — New Jersey Transit train engineers have rejected a labor agreement with management, raising the potential for a strike or a lockout next month.

The Brotherhood of Locomotive Engineers and Trainmen on Tuesday rejected the March deal by a margin of 87%, the union said in a statement. The Railway Labor Act permits the workers to strike or NJ Transit's management to lock workers out as soon as May 15, according to the union.

“Our members are angry," said union General Chairman Tom Haas. “I, along with other NJ Transit engineers, have kept the trains moving but we have gone without a raise since 2019, during a period of high inflation and throughout the pandemic that claimed some of our coworkers.”

NJ Transit President and CEO Kris Kolluri said in a statement he was disappointed the agreement was not ratified by members and that he was committed to returning to the bargaining table.

“My focus remains on reaching a fair and sustainable agreement that works for everyone and ensures NJ TRANSIT can continue to provide the reliable service our customers count on,” Kolluri said.

A message seeking comment with Democratic Gov. Phil Murphy, whose administration oversees the agency, was also left Wednesday.

Details about the agreement were murky. A statement released at the time of the agreement cited a “reasonable wage increase” for the union’s members, a well as the resolution of a long-standing grievance.

Kolluri started in January as NJ Transit’s top executive. Last summer, then-President Joe Biden signed an executive order creating a board to resolve the dispute. At the time, NJ Transit said a strike could be possible as soon as March 2025.

New Jersey Transit operates buses and rail in the state, providing an estimated 925,000 weekday trips, including into New York City. The labor dispute goes back to 2019, when the engineers’ contract expired.

Where Should You Invest $1,000 Right Now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?
These 3 Penny Stocks Could Surprise Everyone This Summer!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines