Bloomberg Podcasts · MTA Chair Janno Lieber Talks LIRR Strike | Bloomberg Talks

1. 1. Despite the ongoing LIRR strike, MTA Chair Janno Lieber reported that the system is functioning effectively due to high telework adoption and alternative transport options.
2. 2. MTA negotiations with the LIRR union were productive, continuing late into the night and resuming early, with the MTA aiming to resolve the issue without increasing fares or taxes.
3. 3. Upon reaching a deal, the MTA anticipates restoring LIRR service the following day, a process that includes essential federally mandated inspections of trains and equipment positioning.
4. 4. The MTA manages a complex labor environment, negotiating with 80 separate bargaining units or unions, which adds significant challenges to contract discussions.
5. 5. The core disagreement in the current LIRR negotiations stems from the union's demand for a 'special deal' that deviates from the MTA's established pattern bargaining framework.
6. 6. New York Governor Kathy Hochul is actively involved in monitoring the LIRR strike discussions, while the federal government has a limited role due to past decisions by the National Mediation Board.
7. 7. Janno Lieber confirmed that the Long Island Railroad is not profitable and is the most heavily subsidized of all MTA operations, including subways and Metro-North.
8. 8. Lieber expressed sympathy for New Jersey Transit's financial difficulties and the challenge of setting fares, especially given its reliance on unmaintained Amtrak infrastructure.