CSX Announces Ratification of Labor Deal with BMWED
January 10 2025 - 8:01PM
CSX Corporation (NASDAQ: CSX) 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 the five-year collective bargaining agreement.
“The ratification by the BMWED marks an important
advancement in our ongoing collaboration with union leadership,”
said Joe Hinrichs, President and CEO of CSX. “CSX remains dedicated
to cultivating a workplace environment where every employee feels
valued, respected, included, and appreciated. Our collective focus
continues to be 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, accounting for 42 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
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