CSX Announces Tentative Labor Agreement with Locomotive Engineers
CSX Corporation (NASDAQ: CSX) has reached a tentative five-year agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET), covering approximately 3,400 locomotive engineers. This marks the first agreement between a Class I freight railroad and BLET, representing about 20% of CSX's frontline workforce.
The agreement includes competitive pay, improved healthcare benefits, and work rule changes for more predictable assignments. It aligns with the wage increases and health benefits from CSX's agreements with 13 other unions. If ratified, nearly 75% of CSX's unionized workers will be covered by new agreements made in the last nine months. Currently, CSX has ratified agreements covering 54% of its unionized workforce, with only trainmen/conductors represented by SMART-TD remaining as the major workgroup without a new agreement.
CSX Corporation (NASDAQ: CSX) ha raggiunto un accordo provvisorio di cinque anni con la Brotherhood of Locomotive Engineers and Trainmen (BLET), che riguarda circa 3.400 macchinisti. Questo rappresenta il primo accordo tra una ferrovia merci di Classe I e la BLET, che rappresenta circa il 20% della forza lavoro operativa di CSX.
L'accordo prevede salari competitivi, miglioramenti nelle prestazioni sanitarie e modifiche alle regole di lavoro per assegnazioni più prevedibili. È in linea con gli aumenti salariali e i benefici sanitari previsti dagli accordi di CSX con altre 13 organizzazioni sindacali. Se ratificato, quasi il 75% dei lavoratori sindacalizzati di CSX sarà coperto da nuovi accordi stipulati negli ultimi nove mesi. Attualmente, CSX ha ratificato accordi che coprono il 54% della sua forza lavoro sindacalizzata, con solo i macchinisti/conduttori rappresentati da SMART-TD come unico gruppo di lavoro importante senza un nuovo accordo.
CSX Corporation (NASDAQ: CSX) ha alcanzado un acuerdo tentativo de cinco años con la Brotherhood of Locomotive Engineers and Trainmen (BLET), que cubre aproximadamente a 3.400 maquinistas. Este es el primer acuerdo entre un ferrocarril de carga de Clase I y BLET, que representa alrededor del 20% de la fuerza laboral de primera línea de CSX.
El acuerdo incluye salarios competitivos, mejoras en los beneficios de salud y cambios en las normas laborales para asignaciones más predecibles. Está alineado con los aumentos salariales y beneficios de salud de los acuerdos de CSX con otras 13 uniones. Si se ratifica, casi el 75% de los trabajadores sindicalizados de CSX estarán cubiertos por nuevos acuerdos realizados en los últimos nueve meses. Actualmente, CSX ha ratificado acuerdos que cubren el 54% de su fuerza laboral sindicalizada, quedando solo los maquinistas/conductores representados por SMART-TD como el principal grupo laboral sin un nuevo acuerdo.
CSX Corporation (NASDAQ: CSX)는 Brotherhood of Locomotive Engineers and Trainmen (BLET)와 잠정적인 5년 계약에 합의했으며, 약 3,400명의 기관사가 포함됩니다. 이는 Class I 화물 철도와 BLET 간의 첫 번째 계약으로, CSX의 최전선 인력의 약 20%를 대표합니다.
이 계약은 경쟁력 있는 임금, 향상된 의료 혜택, 보다 예측 가능한 배치를 위한 근무 규칙 변경을 포함합니다. 이는 CSX가 13개 다른 노조와 체결한 임금 인상 및 건강 혜택과 일치합니다. 만약 비준된다면, 거의 75%의 CSX 노조원이 지난 9개월 내에 체결된 새로운 계약의 적용을 받게 됩니다. 현재 CSX는 노조원 중 54%에 대한 계약을 비준했으며, SMART-TD가 대표하는 기관사/차장만이 새로운 계약이 없는 주요 작업 그룹으로 남아 있습니다.
CSX Corporation (NASDAQ: CSX) a conclu un accord provisoire de cinq ans avec la Brotherhood of Locomotive Engineers and Trainmen (BLET), couvrant environ 3 400 machinistes. Il s'agit du premier accord entre un chemin de fer de fret de classe I et la BLET, représentant environ 20 % de la main-d'œuvre de première ligne de CSX.
L'accord comprend des salaires compétitifs, une amélioration des prestations de santé et des modifications des règles de travail pour des affectations plus prévisibles. Il est conforme aux augmentations salariales et aux avantages sociaux issus des accords de CSX avec 13 autres syndicats. En cas de ratification, près de 75 % des travailleurs syndiqués de CSX seront couverts par de nouveaux accords conclus au cours des neuf derniers mois. À ce jour, CSX a ratifié des accords couvrant 54 % de sa main-d'œuvre syndiquée, seuls les machinistes/conducteurs représentés par SMART-TD restant le principal groupe de travail sans nouvel accord.
CSX Corporation (NASDAQ: CSX) hat eine vorläufige fünfjährige Vereinbarung mit der Brotherhood of Locomotive Engineers and Trainmen (BLET) getroffen, die etwa 3.400 Lokomotivführer umfasst. Dies ist die erste Vereinbarung zwischen einer Class-I-Güterbahn und der BLET, die rund 20 % der Frontlinienbelegschaft von CSX repräsentiert.
Die Vereinbarung beinhaltet wettbewerbsfähige Bezahlung, verbesserte Gesundheitsleistungen und Änderungen der Arbeitsregeln für planbarere Einsätze. Sie entspricht den Lohnerhöhungen und Gesundheitsleistungen aus den Vereinbarungen von CSX mit 13 weiteren Gewerkschaften. Wenn sie ratifiziert wird, sind fast 75 % der gewerkschaftlich organisierten Mitarbeiter von CSX durch neue Vereinbarungen abgedeckt, die in den letzten neun Monaten abgeschlossen wurden. Derzeit hat CSX Vereinbarungen ratifiziert, die 54 % seiner gewerkschaftlich organisierten Belegschaft abdecken, wobei nur noch die von SMART-TD vertretenen Lokführer/Zugführer als große Arbeitsgruppe ohne neue Vereinbarung verbleiben.
- First Class I freight railroad to reach agreement with BLET, showing leadership in labor relations
- Agreement covers 3,400 locomotive engineers (20% of frontline workforce)
- Includes competitive pay increases and improved healthcare benefits
- Work rule changes promote predictable assignments and quality-of-life improvements
- If ratified, 75% of unionized workforce will be covered by new agreements
- Still pending ratification by union members
- Remaining negotiations needed with SMART-TD for trainmen/conductors
- Potential increased operational costs due to new compensation and benefits package
JACKSONVILLE, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced it has reached a tentative agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET) on a new five-year single-system agreement covering approximately 3,400 locomotive engineers.
This is the first agreement reached by a Class I freight railroad with BLET, and it continues CSX’s industry-leading transformational approach to collective bargaining in the rail industry.
“I want to thank the leaders at BLET, especially our CSX General Chairmen, for their hard work and professionalism in representing CSX employees and their union members,” said Joe Hinrichs, President and CEO of CSX. “The tentative agreement, reached after months of negotiations, offers competitive pay, improved health care for locomotive engineers, and work rule changes that promote predictable assignments and additional quality-of-life enhancements.”
The agreement mirrors the general wage increases, and health and welfare improvements from CSX's agreements with 13 other unions.
Locomotive engineers make up approximately 20 percent of CSX’s frontline workforce. If ratified, nearly 75 percent of CSX unionized workers will be covered by new agreements reached within the last nine months. To date, CSX has ratified agreements covering 54 percent of its unionized workforce.
The only remaining major workgroup at CSX not covered by new agreements or a tentative agreement are trainmen/conductors represented by SMART-TD. CSX is currently engaged in bargaining with SMART-TD to consolidate separate territories, workforces, and execute a single-system collective agreement.
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
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