CSX Announces Ratification of Labor Deal with Signalmen and Boilermakers
CSX has successfully ratified new five-year collective bargaining agreements with two major railroad unions - the Brotherhood of Railroad Signalmen (BRS) and the International Brotherhood of Boilermakers (IBB).
CEO Joe Hinrichs emphasized that these agreements demonstrate mutual trust and commitment to their workforce. The deals include comprehensive benefits packages covering improved wages, healthcare, and paid time off.
Key highlights:
- 13 labor unions have ratified agreements with CSX
- 16 different work groups are covered
- 54% of CSX's unionized workforce is now under new agreements
CSX continues negotiations with two remaining national rail unions representing Trainmen/Conductors and Locomotive Engineers, aiming to achieve similar agreements and enhance work environments.
CSX ha ratificato con successo nuovi contratti collettivi di lavoro quinquennali con due importanti sindacati ferroviari - il Brotherhood of Railroad Signalmen (BRS) e il International Brotherhood of Boilermakers (IBB).
Il CEO Joe Hinrichs ha sottolineato che questi accordi riflettono la fiducia reciproca e l'impegno verso i lavoratori. I contratti prevedono pacchetti di benefici completi che includono aumenti salariali, assistenza sanitaria migliorata e permessi retribuiti.
Punti salienti:
- 13 sindacati hanno ratificato accordi con CSX
- Coperti 16 diversi gruppi di lavoro
- Il 54% della forza lavoro sindacalizzata di CSX è ora tutelato da nuovi accordi
CSX prosegue le trattative con altri due sindacati nazionali ferroviari che rappresentano macchinisti e conduttori, con l'obiettivo di raggiungere accordi simili e migliorare le condizioni lavorative.
CSX ha ratificado con éxito nuevos convenios colectivos de cinco años con dos importantes sindicatos ferroviarios: el Brotherhood of Railroad Signalmen (BRS) y el International Brotherhood of Boilermakers (IBB).
El CEO Joe Hinrichs destacó que estos acuerdos demuestran confianza mutua y compromiso con su fuerza laboral. Los convenios incluyen paquetes de beneficios integrales que cubren mejoras salariales, atención médica y tiempo libre pagado.
Puntos clave:
- 13 sindicatos laborales han ratificado acuerdos con CSX
- Se cubren 16 diferentes grupos de trabajo
- El 54% de la fuerza laboral sindicalizada de CSX está ahora bajo nuevos acuerdos
CSX continúa negociando con dos sindicatos nacionales ferroviarios restantes que representan a maquinistas y conductores, con el objetivo de lograr acuerdos similares y mejorar los ambientes laborales.
CSX는 두 주요 철도 노조인 Brotherhood of Railroad Signalmen (BRS)와 International Brotherhood of Boilermakers (IBB)와 새로운 5년 단체협약을 성공적으로 비준했습니다.
CEO 조 힌릭스는 이번 협약이 상호 신뢰와 직원에 대한 헌신을 보여준다고 강조했습니다. 이 협약에는 임금 인상, 의료 혜택, 유급 휴가를 포함한 포괄적인 복지 패키지가 포함되어 있습니다.
주요 내용:
- 13개 노동조합이 CSX와 협약을 비준
- 16개의 다양한 작업 그룹이 포함
- CSX 노조원 중 54%가 새로운 협약에 포함됨
CSX는 현재 기관사 및 차장 등 두 개의 남은 전국 철도 노조와 협상을 계속 진행 중이며, 유사한 협약 체결과 근무 환경 개선을 목표로 하고 있습니다.
CSX a ratifié avec succès de nouveaux accords collectifs de travail de cinq ans avec deux syndicats ferroviaires majeurs - la Brotherhood of Railroad Signalmen (BRS) et la International Brotherhood of Boilermakers (IBB).
Le PDG Joe Hinrichs a souligné que ces accords témoignent d'une confiance mutuelle et d'un engagement envers leurs employés. Les accords comprennent des packages d'avantages complets incluant des augmentations salariales, une meilleure couverture santé et des congés payés.
Points clés :
- 13 syndicats ont ratifié des accords avec CSX
- 16 groupes de travail différents sont couverts
- 54 % de la main-d'œuvre syndiquée de CSX est désormais couverte par de nouveaux accords
CSX poursuit les négociations avec deux syndicats ferroviaires nationaux restants représentant les conducteurs et les mécaniciens, visant à conclure des accords similaires et à améliorer les conditions de travail.
CSX hat erfolgreich neue fünfjährige Tarifverträge mit zwei großen Eisenbahngewerkschaften – der Brotherhood of Railroad Signalmen (BRS) und der International Brotherhood of Boilermakers (IBB) – ratifiziert.
CEO Joe Hinrichs betonte, dass diese Vereinbarungen gegenseitiges Vertrauen und Engagement für die Belegschaft zeigen. Die Verträge umfassen umfassende Leistungspakete mit verbesserten Löhnen, Gesundheitsversorgung und bezahltem Urlaub.
Wichtige Punkte:
- 13 Gewerkschaften haben Vereinbarungen mit CSX ratifiziert
- 16 verschiedene Arbeitsgruppen sind abgedeckt
- 54 % der gewerkschaftlich organisierten CSX-Belegschaft sind nun durch neue Vereinbarungen geschützt
CSX führt weiterhin Verhandlungen mit zwei verbleibenden nationalen Eisenbahnergewerkschaften, die Lokführer und Zugführer vertreten, mit dem Ziel, ähnliche Vereinbarungen zu erzielen und die Arbeitsbedingungen zu verbessern.
- Successful ratification of 5-year labor agreements with two key unions (BRS and IBB)
- 54% of unionized workforce now covered by ratified agreements
- 13 labor unions across 16 work groups have ratified agreements
- Consistent terms across agreements providing wage improvements and benefits
- Remaining negotiations pending with two critical unions (Trainmen/Conductors and Locomotive Engineers)
- Potential increased labor costs due to improved wages and benefits packages
Insights
CSX secures labor stability with 54% of unionized workforce through five-year agreements, reducing operational risk despite key negotiations still pending.
CSX's ratification of five-year collective bargaining agreements with the Brotherhood of Railroad Signalmen and International Brotherhood of Boilermakers marks meaningful progress in securing labor stability. With these additions, CSX has now successfully ratified agreements with 13 labor unions covering 54% of its unionized workforce.
In the railroad industry, where operations depend on multiple specialized unions, achieving consistent agreement terms across various work groups creates operational predictability. The standardized approach offering "equivalent packages of improved wages, health care, and paid time off benefits" across all agreements demonstrates a coherent labor relations strategy.
While this progress is significant, the press release explicitly notes that CSX still needs to reach agreements with two remaining national rail unions representing Trainmen/Conductors and Locomotive Engineers. These roles are particularly critical to core rail operations, making these outstanding negotiations especially important for complete labor stability.
CEO Joe Hinrichs' statement emphasizing "improving safety, efficiency, and service for our customers while building a stronger, more unified ONE CSX" indicates these agreements support broader operational goals beyond merely avoiding labor disruptions.
This development reduces a significant element of operational uncertainty for CSX through 2030, providing a stable foundation for medium-term planning, though important labor negotiations with key operational staff remain outstanding.
JACKSONVILLE, Fla., April 30, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that it has secured the ratification of new five-year collective bargaining agreements with the Brotherhood of Railroad Signalmen (BRS) and the International Brotherhood of Boilermakers, Iron Ship Builders, Forgers & Helpers (IBB).
“Ratifying these agreements reflects the trust we’ve built with union leadership and our shared commitment to the people who keep our company running,” said Joe Hinrichs, President and CEO of CSX. “Our focus continues to be on improving safety, efficiency, and service for our customers while building a stronger, more unified ONE CSX.”
To date, CSX has ratified agreements with 13 labor unions, covering 16 different work groups, accounting for 54 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 the two remaining national rail unions representing Trainmen/Conductors and Locomotive Engineers 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 Relations
904-366-4515
Bryan Tucker, Corporate Communications
855-955-6397
FAQ
What unions ratified new agreements with CSX in April 2025?
How many CSX labor unions have ratified agreements as of April 2025?
What benefits are included in CSX's 2025 union agreements?
Which unions still need to reach agreements with CSX in 2025?
How long are the new CSX union contracts valid for?
