CSX announces ratification of labor deal with IAM

CSX (CSX) Corporation announced that employees represented by The International Association of Machinists & Aerospace Workers have voted to ratify the five-year collective bargaining agreement.”IAM’s ratification is a testament to the strength of our partnership with union leadership,” said Joe Hinrichs, President and CEO of CSX. “This underscores our commitment to fostering a workplace where every employee feels valued and respected. Together, as ONE CSX, we will continue enhancing safety, efficiency, and service to secure sustained growth.”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, CSX said, adding that it 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.