National Mediation Board [NMB] Law and Legal Definition

The National Mediation Board (NMB) is an independent agency that facilitates harmonious labor-management relations within the railroads and airlines. NMB was established by the 1934 amendments to the Railway Labor Act of 1926. NMB programs provide an integrated dispute resolution process NMB thus strives to minimize work stoppages in the airline and railroad industries. The NMB's goal includes:

1. the prompt and orderly dispute resolution in matters arising out of the negotiation of new or revised collective bargaining agreements;

2. the implementation of employee rights of self-organization where a representation dispute exists; and

3. the prompt and orderly resolution of disputes over the interpretation or application of existing agreements.