CSX announces Ratification of Labor Deal with IAM
04 3월 2025 - 1:00AM
CSX Corporation (NASDAQ: CSX) today announced that employees
represented by The International Association of Machinists &
Aerospace Workers (IAM) have voted to ratify the five-year
collective bargaining agreement.“IAM’s ratification is a testament
to the strength of our partnership with union leadership,” said Joe
Hinrichs, President and CEO of CSX. “This underscores our
commitment to fostering a workplace where every employee feels
valued and respected. Together, as ONE CSX, we will continue
enhancing safety, efficiency, and service to secure sustained
growth.”
To date, CSX has ratified agreements with 11 labor unions,
covering 14 different work groups, accounting for 47 percent of its
unionized workforce. The terms of the agreements are aligned,
providing equivalent packages of improved wages, health care, and
paid time off benefits.
CSX remains committed to working with other unions and crafts to
reach similar agreements and continuing to partner with employees
to make meaningful improvements in their work
environment.About CSX
CSX, 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
CSX (NASDAQ:CSX)
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