CSX Reaches Early Agreement with Additional Labor Partners, Boosting Wages and Benefits for More Railway Workers
2024年8月23日 - 8:14AM
CSX (NASDAQ: CSX) today announced it has secured new five-year
tentative collective bargaining agreements with the International
Association of Sheet Metal, Air, Rail and Transportation Workers –
Mechanical Division (SMART-MD) and the American Train Dispatchers
Association (ATDA).
“We are continually listening to our valued front-line employees
about what is needed to make positive and impactful improvements to
our work environment. Their well-being is critical to our company’s
success, and we are proud to get these deals done ahead of
schedule,” said Joe Hinrichs, president and chief executive
officer. “We remain committed to working with our other labor
partners to secure the timely agreements that all of our employees
deserve for their hard work and dedication. Together, we are moving
forward and building a brighter future for everyone at CSX, where
we are focused on improving safety, service, and efficiency.”
The tentative agreements, which are subject to ratification by
the unions’ membership at CSX, come more than four months before
the current collective agreements become amendable under the
federal Railway Labor Act. These agreements mirror the terms of the
agreements recently reached with our other unions for a total of
five.
Additional details will be shared during the unions’
ratification processes.
About CSXCSX, based in Jacksonville, Florida,
is a premier transportation company. It provides rail, intermodal
and rail-to-truck transload services and solutions to customers
across a broad array of markets, including energy, industrial,
construction, agricultural and consumer products. For nearly 200
years, CSX has played a critical role in the nation’s economic
expansion and industrial development. Its network connects every
major metropolitan area in the eastern United States, where nearly
two-thirds of the nation’s population resides. It also links more
than 240 short-line railroads and more than 70 ocean, river and
lake ports with major population centers and farming towns alike.
More information about CSX Corporation and its subsidiaries is
available at www.csx.com. Like us on Facebook
(http://facebook.com/OfficialCSX) and follow us on X, formerly
known as Twitter (http://twitter.com/CSX).
Contact: Matthew Korn, CFA, Investor
Relations904-366-4515
Bryan Tucker, Corporate Communications 855-955-6397
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