Norfolk Southern, The Brotherhood Of Locomotive Engineers And Trainmen Reach Deal On Engineer Paid Sick Leave
Portfolio Pulse from Benzinga Newsdesk
Norfolk Southern and the Brotherhood of Locomotive Engineers and Trainmen have reached an agreement to provide up to seven paid sick days per year to BLET members. This will benefit over 3,300 Norfolk Southern engineers, representing almost 25% of the NS craft workforce.
May 18, 2023 | 8:49 pm
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Norfolk Southern's agreement with BLET to provide up to seven paid sick days per year will benefit over 3,300 engineers, representing almost 25% of the NS craft workforce.
The agreement between Norfolk Southern and BLET is a positive development for the company's labor relations and corporate responsibility. However, it is not expected to have a significant short-term impact on the stock price, as it does not directly affect the company's financial performance or growth prospects.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100