Norfolk Southern Reaches Tentative Collective Bargaining Agreements With Five Additional Labor Unions; Early Agreements Made With Nine Unions Over The Past Two Weeks Cover ~55% Of Railroad's Total Union Workforce
Portfolio Pulse from Benzinga Newsdesk
Norfolk Southern Corporation has reached tentative five-year collective bargaining agreements with five additional labor unions, covering 55% of its unionized workforce. This move highlights the company's commitment to improving pay, health care, and time off for its employees.
August 30, 2024 | 1:02 pm
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Norfolk Southern has reached agreements with five more labor unions, now covering 55% of its union workforce. This proactive approach may enhance employee satisfaction and operational stability.
The agreements with additional labor unions demonstrate Norfolk Southern's proactive approach to labor relations, potentially leading to improved employee satisfaction and reduced risk of labor disputes. This can positively impact operational stability and investor confidence.
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