{"id":829780,"date":"2025-03-25T18:04:06","date_gmt":"2025-03-25T22:04:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/csx-announces-tentative-labor-agreement-with-boilermakers\/"},"modified":"2025-03-25T18:04:06","modified_gmt":"2025-03-25T22:04:06","slug":"csx-announces-tentative-labor-agreement-with-boilermakers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/csx-announces-tentative-labor-agreement-with-boilermakers\/","title":{"rendered":"CSX Announces Tentative Labor Agreement with Boilermakers"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">JACKSONVILLE, Fla., March  25, 2025  (GLOBE NEWSWIRE) &#8212; CSX Corporation (NASDAQ: CSX) today announced it has secured a new five-year tentative collective bargaining agreement with the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers &amp; Helpers (IBB).<\/p>\n<p>\u201cThe agreement with IBB reinforces CSX&#8217;s ongoing commitment to valuing and empowering employees,\u201d said Joe Hinrichs, President and CEO of CSX. \u201cIt reaffirms our team\u2019s shared promise to prioritize safety, respect, and excellence as ONE CSX as we work collaboratively to better serve our customers.\u201d<\/p>\n<p>The tentative agreement is subject to ratification by the union\u2019s membership at CSX, accounting for 59 members.<\/p>\n<p>To date, CSX has ratified agreements with 11 labor unions, covering 14 different work groups, accounting for 47 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.<\/p>\n<p>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.<\/p>\n<p>\n        <strong>About CSX<\/strong>\n      <\/p>\n<p>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\u2019s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation\u2019s 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 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ODeBVIdJTAXaHdCi7rXy6svbyVOqtCZYR2TWoYrm09kKltF7Q8bgEUdmfqtrFxREVh-47JRV8WciEGdz52wvXA==\" rel=\"nofollow\" target=\"_blank\">www.csx.com<\/a>. Like us on Facebook (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8VExTYf68X3T0DMbi80RW2sUez5ElyWpai8s4mVVksRxL8ys2s0zh-_CoOe3iQICUBzCsP-mUyROaSglOmwXYDkPgtf-Fj9N852CnNCa8F_AqWHo-am6FWe5mLYHNzeb\" rel=\"nofollow\" target=\"_blank\">http:\/\/facebook.com\/OfficialCSX<\/a>) and follow us on X, formerly known as Twitter (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8VExTYf68X3T0DMbi80RWwm-2tciMsUp1QywIF1_u6BuCJBUC8FYG6UhqVRaYbnXhIdQlP3M6veY4ofaTT2pdJrCJ7cy5T9Ij_DHkhOmKoo=\" rel=\"nofollow\" target=\"_blank\">http:\/\/twitter.com\/CSX<\/a>).<\/p>\n<p>\n        <strong>Contact:<\/strong>\u00a0<br \/>Matthew Korn, CFA, Investor Relations<br \/>904-366-4515<\/p>\n<p>Bryan Tucker, Corporate Communications\u00a0<br \/>855-955-6397<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxMDg5OCM2ODM0MzM5IzIwMDU0MzA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MGFhNmU4MDgtOWQzZi00YjFhLThmYzgtZGU1MmFiOWEyMzVhLTEwMTcwMDMtMjAyNS0wMy0yNS1lbg==\/tiny\/CSX-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>JACKSONVILLE, Fla., March 25, 2025 (GLOBE NEWSWIRE) &#8212; CSX Corporation (NASDAQ: CSX) today announced it has secured a new five-year tentative collective bargaining agreement with the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers &amp; Helpers (IBB). \u201cThe agreement with IBB reinforces CSX&#8217;s ongoing commitment to valuing and empowering employees,\u201d said Joe Hinrichs, President and CEO of CSX. \u201cIt reaffirms our team\u2019s shared promise to prioritize safety, respect, and excellence as ONE CSX as we work collaboratively to better serve our customers.\u201d The tentative agreement is subject to ratification by the union\u2019s membership at CSX, accounting for 59 members. To date, CSX has ratified agreements with 11 labor unions, covering 14 different work groups, accounting for 47 percent of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/csx-announces-tentative-labor-agreement-with-boilermakers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CSX Announces Tentative Labor Agreement with Boilermakers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-829780","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CSX Announces Tentative Labor Agreement with Boilermakers - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/csx-announces-tentative-labor-agreement-with-boilermakers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CSX Announces Tentative Labor Agreement with Boilermakers - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"JACKSONVILLE, Fla., March 25, 2025 (GLOBE NEWSWIRE) &#8212; CSX Corporation (NASDAQ: CSX) today announced it has secured a new five-year tentative collective bargaining agreement with the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers &amp; Helpers (IBB). \u201cThe agreement with IBB reinforces CSX&#8217;s ongoing commitment to valuing and empowering employees,\u201d said Joe Hinrichs, President and CEO of CSX. \u201cIt reaffirms our team\u2019s shared promise to prioritize safety, respect, and excellence as ONE CSX as we work collaboratively to better serve our customers.\u201d The tentative agreement is subject to ratification by the union\u2019s membership at CSX, accounting for 59 members. 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