JACKSONVILLE, Fla., Jan. 10, 2025 (GLOBE NEWSWIRE) — CSX Corporation (NASDAQ: NASDAQ: ) today announced that employees represented by The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (BMWED) have voted to ratify a five-year collective contract.
The ratification by BMWED marks an important step forward in our ongoing engagement with union leadership, said Joe Hinrichs, CSX President and CEO. CSX remains committed to fostering a work environment where every employee feels valued, respected, included and valued. Our collective focus remains on improving safety, efficiency and service together as ONE CSX to build a stronger foundation for our future success.
To date, CSX has ratified agreements with 10 labor unions, covering 13 different work groups, representing 42 percent of the unionized workforce. The terms of the agreement are aligned, providing equivalent packages of improved wages, health care and paid time off benefits.
CSX remains committed to working with other unions and trades to reach similar agreements and will continue to work with employees to achieve meaningful improvements in their work environment.
About CSX
CSX, headquartered in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-truck transportation services and solutions for customers in a wide range of markets, including energy, industrial, construction, agricultural and consumer goods. For nearly 200 years, CSX has played a key role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, home to nearly two-thirds of the nation’s population. It also connects more than 240 short-distance railway lines and more than 70 ocean, river and lake ports with major population centers and agricultural towns. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (NASDAQ:) (http://facebook.com/OfficialCSX) and follow us on X, formerly known as Twitter (http://twitter.com/CSX).
Contact:
Matthew Korn, CFA, Investor Relations
904-366-4515
Bryan Tucker, Corporate Communications
855-955-6397
Source: CSX Corporation
