IAM members OK 5-year contract with CSX

The International Association of Machinists and Aerospace Workers (IAM) have voted to ratify a five-year collective bargaining agreement with CSX, the Class I announced yesterday.

“IAM’s ratification is a testament to the strength of our partnership with union leadership,” said CSX President and CEO Joe Hinrichs in a press release. “This underscores our commitment to fostering a workplace where every employee feels valued and respected.”

To date, CSX has ratified agreements with 11 labor unions, covering 14 different work groups, accounting for 47 percent of its unionized workforce, CSX officials said. The terms of the agreements are aligned, providing equivalent packages of improved wages, health care and paid time off benefits.