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Boeing and the union representing striking machinists have negotiated a new contract proposal that would provide bigger pay raises and bonuses in a bid to end a costly walkout that has crippled production of airplanes for more than a month.
The International Association of Machinists and Aerospace Workers said early Saturday that it plans to hold a ratification vote on Wednesday.
The union said the deal would increase pay by 35% over four years, up from 30% that was offered last month. It also boosts upfront bonuses to $7,000 per worker instead of $6,000.
The new offer would not restore a traditional pension plan — a key demand of the 33,000 striking workers — but it would increase the amount of contributions to 401(k) retirement plans that Boeing would match, the union said.
“We look forward to our employees voting on the negotiated proposal,” Boeing said in a statement.
About 33,000 members of IAM District 751 began a strike on Sept. 14. The strike has halted production of Boeing 737s including the 737 Max, and 767s and 777s. Boeing is continuing to build 787 Dreamliners at a nonunion plant in South Carolina.
The strike won’t affect commercial flights but represents another setback for the aerospace giant, whose reputation and finances have been battered by manufacturing problems and multiple federal investigations this year.
Earlier this month, Boeing said it planned to cut 10% of its global workforce, or around 17,000 employees, amid the strike that has idled its factories. An S&P Global report estimates the company is losing $1 billion a month from the demonstration.
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Mail carriers reach tentative contract with USPS that includes pay raises, air-conditioned trucks
Some 200,000 mail carriers have reached a tentative contract deal with the U.S. Postal Service that includes backdated pay raises and a promise to provide workers with air-conditioned trucks.
The new agreement, which still needs to be ratified by union members, runs through Nov. 2026. Letter deliverers have been working without a contract since May 2023.
Both the union and the Postal Service welcomed the agreement, which was announced Friday.
“Both sides didn’t get everything they wanted. But by bargaining in good faith, we ended with an agreement that meets our goals and rewards our members,” Brian Renfroe, the president of the National Association of Letter Carriers, told The Associated Press. “To make that happen, the Postal Service had to recognize the contributions of members to the Postal Service and the American people.”
Jon Shapley/Houston Chronicle via Getty Images
Among other improvements, the deal increases the top pay and reduces the amount of time it takes new workers to reach that level, Renfroe said. He credited Postmaster General Louis DeJoy and his deputy for bargaining in good faith throughout the arduous process.
The Postal Service said the agreement supported its 10-year ‘Delivering for America’ mission to modernize operations and adapt to changing customer needs.
“This is a fair and responsible agreement that serves the best interest of our employees, our customers and the future of the Postal Service,” said Doug Tulino, the deputy postmaster general and chief human resources officer.
As part of the agreement, all city carriers will get three annual pay increases of 1.3% each by 2025, some of which will be paid retroactively from Nov. 2023. Workers will also receive retroactive and future cost-of-living adjustments.
There is also a commitment from the Postal Service to “make every effort” to provide mail trucks with air-conditioning.
Jon Shapley/Houston Chronicle via Getty Images
The Postal Service in summer began rolling out its new electric delivery vehicles, which come equipped with air-conditioning. While the trucks won’t win any beauty contests, they did get rave reviews from letter carriers accustomed to older vehicles that lack modern safety features and are prone to breaking down — and even catching fire.
Within a few years, the new delivery fleet will have expanded to 60,000 vehicles, most of them electric models, serving as the Postal Service’s primary delivery truck from Maine to Hawaii.
Under the tentative contract agreement, the Postal Service must discuss with the union any plans to buy new mail trucks that don’t have air-conditioning.
This is the second contract negotiated since DeJoy was appointed postmaster general in 2020. It is expected to take several weeks for union members to ratify the contract. Rural mail deliverers aren’t covered by the contract because they are represented by a different union.
Three people were killed and eight were injured during a shooting at a trail ride in Holmes County, Mississippi.
The shooting occurred around midnight on Saturday on Highway 17 North, according to CBS affiliate WJTV.
Holmes County Sheriff Willie March said several people went on a trail ride after homecoming for Holmes County Consolidated Schools, WJTV reported. March said an argument took place between young men before the shooting occurred.
Suspects are being sought in the shooting, the sheriff said.
The three victims were identified as Martel Gibson, 25, of Durant; Shundra Chestnut, 19, of Kosciusko; and John Jenkins, 19, of Durant.
Holmes County is about 70 miles north of Jackson, the state capital.
The Mississippi Bureau of Investigation is assisting in this case, a spokesperson confirmed to CBS News on Saturday.
CBS News was told that no further updates will be provided until Monday.
Boeing workers to vote next week on a new proposal that could end strike
Mail carriers reach tentative contract with USPS that includes pay raises, air-conditioned trucks
3 dead, 8 injured in Mississippi trail ride shooting; suspects being sought, sheriff says
Boeing workers to vote next week on a new proposal that could end strike
Mail carriers reach tentative contract with USPS that includes pay raises, air-conditioned trucks