JACKSONVILLE, Fla. , Jan. 10, 2025 (GLOBE NEWSWIRE) — CSX Company (NASDAQ: NASDAQ:) as we speak introduced that workers represented by The Brotherhood of Upkeep of Means Employes Division of the Worldwide Brotherhood of Teamsters (BMWED) have voted to ratify the five-year collective bargaining settlement.
The ratification by the BMWED marks an essential development in our ongoing collaboration with union management, stated Joe Hinrichs, President and CEO of CSX. CSX stays devoted to cultivating a office setting the place each worker feels valued, revered, included, and appreciated. Our collective focus continues to be on enhancing security, effectivity, and repair collectively as ONE CSX to construct a stronger basis for our future success.
Up to now, CSX has ratified agreements with 10 labor unions, masking 13 totally different work teams, accounting for 42 % of its unionized workforce. The phrases of the agreements are aligned, offering equal packages of improved wages, well being care, and paid day without work advantages.
CSX stays dedicated to working with different unions and crafts to achieve related agreements and persevering with to associate with workers to make significant enhancements of their work setting.
About CSX
CSX, primarily based in Jacksonville, Florida, is a premier transportation firm. It offers rail, intermodal and rail-to-truck transload providers and options to prospects throughout a broad array of markets, together with power, industrial, building, agricultural and shopper merchandise. For practically 200 years, CSX has performed a important function within the nation’s financial growth and industrial improvement. Its community connects each main metropolitan space within the jap United States, the place practically two-thirds of the nation’s inhabitants resides. It additionally hyperlinks greater than 240 short-line railroads and greater than 70 ocean, river and lake ports with main inhabitants facilities and farming cities alike. Extra details about CSX Company and its subsidiaries is obtainable at www.csx.com. Like us on Fb (NASDAQ:) (http://fb.com/OfficialCSX) and observe us on X, previously often known as Twitter (http://twitter.com/CSX).
Contact:
Matthew Korn, CFA, Investor Relations
904-366-4515
Bryan Tucker, Company Communications
855-955-6397
Supply: CSX Company