January 25, 2007 - Presidential Emergency Board (PEB) 240, convened to investigate and make recommendations to resolve the contract dispute between the Metro-North Labor Coalition and Metro-North Railroad, issued its non-binding report to President Bush on January 22, 2007. Members of the Labor Coalition include IAM Railroad District Lodge 19 and several districts and lodges of the Transportation Communications Union, an IAM affiliate. Metro-North is a commuter carrier operating in New York and Connecticut.
Because Metro North is a commuter rail carrier, if no agreement is reached by early April, the carrier or one of the involved governors can request the appointment of a second PEB. The labor coalition continues to pursue negotiations for a fair and equitable contract.
"After nearly four years of bargaining, we are finally in the home stretch," said the Coalition. "It is our fervent hope that Metro-North will now negotiate a fair final settlement."