JACKSONVILLE, Fla. , Jan. 10, 2025 (GLOBE NEWSWIRE) — CSX Company (NASDAQ: NASDAQ:) right this moment introduced that staff 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 necessary 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 bettering security, effectivity, and repair collectively as ONE CSX to construct a stronger basis for our future success.
Thus far, CSX has ratified agreements with 10 labor unions, protecting 13 totally different work teams, accounting for 42 p.c of its unionized workforce. The phrases of the agreements are aligned, offering equal packages of improved wages, well being care, and paid time without work advantages.
CSX stays dedicated to working with different unions and crafts to succeed in related agreements and persevering with to companion with staff to make significant enhancements of their work setting.
About CSX
CSX, based mostly in Jacksonville, Florida, is a premier transportation firm. It gives rail, intermodal and rail-to-truck transload providers and options to clients throughout a broad array of markets, together with vitality, industrial, development, agricultural and shopper merchandise. For practically 200 years, CSX has performed a essential position within the nation’s financial enlargement and industrial growth. Its community connects each main metropolitan space within the japanese 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 comply with 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
