CSX Completes Early Employment Agreements, Securing Wage Increases and Enhanced Benefits

JACKSONVILLE, Fla., Aug. 21, 2024 (GLOBE NEWSWIRE) — CSX Corp. (NASDAQ: CSX) today announced that the railroad has entered into tentative agreements on new five-year collective bargaining agreements with the Transportation Communications Union (TCU), the Brotherhood of Railway Carmen (BRC) and the General Committee of Adjustment GO-049 of the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD), representing rail service employees in the CSX system’s Northern Mid-Atlantic District territory.

“I want to recognize the union leaders who stepped up to serve the interests of their members and our employees by reaching these historic deals well before their contracts were even open for negotiation,” said Joe Hinrichs, president and CEO. “CSX and our union partners understand that our employees don’t want to wait years for their next pay increase. We thank the organizations for working together to demonstrate that our ONE CSX culture and values ​​are not just words, but our shared path toward an improved experience for both our employees and customers. We have also reached out to our other union partners and look forward to quickly reaching agreements for all CSX union employees on the same terms.”