Three more railroad unions have reached tentative agreements with U.S. freight railroads on a new labor contract, announced the National Carriers' Conference Committee (NCCC).

The tentative agreements announced Sunday include the Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters; the International Brotherhood of Boilermakers; and the International Association of Sheet Metal, Air, Rail and Transportation Workers-Mechanical Department.

"The tentative agreements … include a 24% wage increase during the five-year period from 2020 to 2024 — with a 14.1% wage increase effective immediately — and five annual $1,000 lump sum payments. Portions of the wage increases and lump sum payments are retroactive and will be paid out promptly upon ratification of the agreements by the unions' membership," said the NCCC, the group representing Class I railroads in the contract negotiations. 

The tentative agreement also adds an additional paid day off that can be used as a personal day, vacation day or on the employee's birthday.