CSX and BLET Reach Tentative Five-Year Labor Agreement

Published 1 hours agoCSX

CSX and BLET Reach Tentative Five-Year Labor Agreement

CSX Corporation has successfully negotiated a tentative five-year labor agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET), impacting around 3,400 locomotive engineers. This development comes as both parties work towards ratifying the agreement, which promises a range of benefits to employees.

According to Reuters, the proposed contract includes wage increases consistent with other union agreements within CSX. Employees are set to receive enhanced healthcare benefits and revised work rules aimed at providing more predictable schedules, ultimately improving their work-life balance. The agreement is currently pending approval from BLET members, marking a significant milestone in the ongoing discussions between the company and its workforce.

CSX CEO Joe Hinrichs underscored the company's commitment to ensuring competitive compensation and improved working conditions, reflecting CSX's dedication to fostering strong labor relations. This agreement is part of CSX's broader effort to secure labor contracts with its unionized employees, having already finalized agreements with about 54% of its 17,600-strong union workforce.

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CSX and BLET Reach Tentative Five-Year Labor Agreement

CSX and BLET Reach Tentative Five-Year Labor Agreement

CSX Corporation has successfully negotiated a tentative five-year labor agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET), impacting around 3,400 locomotive engineers. This development comes as both parties work towards ratifying the agreement, which promises a range of benefits to employees. According to Reuters, the proposed contract includes wage increases consistent with other union agreements within CSX. Employees are set to receive enhanced healthcare benefits and revised work rules aimed at providing more predictable schedules, ultimately improving their work-life balance. The agreement is currently pending approval from BLET members, marking a significant milestone in the ongoing discussions between the company and its workforce. CSX CEO Joe Hinrichs underscored the company's commitment to ensuring competitive compensation and improved working conditions, reflecting CSX's dedication to fostering strong labor relations. This agreement is part of CSX's broader effort to secure labor contracts with its unionized employees, having already finalized agreements with about 54% of its 17,600-strong union workforce.