Originally Posted by
Mesabi
12 yr CA rate for 2026 was $394.68 in original ask.
12 yr CA rate for 2026 is $374.40 in the new ask.
Thats a $20.28 reduction. It’s also way behind the “big boys”. Color me not amused.
The only saving grace is the market rate adjustment of this proposal would catch F9 up to legacy rates in year three, at the “end” of this new contract. If it actually worked.
Yeh the new top rate is for 2027 on current ask vs 2026 on original ask. I spoke directly to negotiator at airport sit few days ago, they are saying this new offer gets the same money as original ask but is more back end heavy. This is to allow the company "breathing room" with their current "hardships" as they anticipate return to profits and growth etc.
It's to show good faith to NMB to be able to call for a status meeting if the company does not respond in a reasonable way at the next meeting.