Free Trial

German railway operator resumes talks with train drivers' union in a long dispute

Passengers wait for a train in the central train station in Frankfurt, Germany, Monday, March 11, 2024. Germany's state-owned main railway operator says that it and a union representing many train drivers have resumed talks in a bitter dispute over working hours and pay. It said Saturday, March 16, 2024 both sides are optimistic that they will achieve a result next week. (AP Photo/Michael Probst, File)

BERLIN (AP) — A union representing many German train drivers and the main national railway operator have resumed negotiations in a bitter dispute over working hours and pay and are optimistic that they will achieve a result next week, the state-owned company said Saturday.

The GDL union has called drivers for Deutsche Bahn out on strike repeatedly in the dispute that has dragged on for months. A walkout on Tuesday coincided with a strike by cabin crew at Lufthansa in a separate dispute, adding to disruption for travelers.

The main sticking point in the dispute is GDL’s demand for working hours to be reduced from 38 to 35 hours per week without a pay cut. Some smaller private operators that operate regional services have agreed to the demand.

In a previous attempt to bring the two sides together, moderators suggested a reduction from 38 to 36 hours by 2028, but details of their proposal didn’t satisfy GDL.

On Saturday, Deutsche Bahn said it has now resumed talks with the union, which it described as “intensive but constructive.”

“An understanding was reached on many issues,” it added in a brief statement, without elaborating. “Both parties are confident of being able to communicate an agreement in the next week. GDL will refrain from further strikes until then.”

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

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

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

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines