News
We provide the latest news from the world of economics and finance
We provide the latest news from the world of economics and finance
(RTTNews) - Norfolk Southern Corp. (NSC) said that it has reached a tentative five-year collective bargaining agreement with the International Brotherhood of Electrical Workers (IBEW). The most recent agreement pushes the coverage of the union workforce under early tentative deals to about 67%.
According to the company, the tentative agreement provides for a 3.5-percent average wage increase per year over the next five years. It also offers railroaders more vacation earlier in their career and makes meaningful enhancements to an already robust suite of health care benefits.
Since August, Norfolk Southern has reached tentative agreements with 10 of its 13 unions.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© 2024 Lime Trading (CY) Ltd
Lime Trading (CY) Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission in accordance with license No.281/15 issued on 25/09/2015. The "Just2Trade" trademark is owned by LimeTrading (CY) Ltd.
Registration Number: HE 341520
Address: Lime Trading (CY) Ltd
Magnum Business Center, Office 4B, Spyrou Kyprianou Avenue 78
Limassol 3076, Cyprus
Disclaimer:
All promotions, materials and information of this website may have applied conditions. Please contact the Company for further details
Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services.
E-mail: 24_support@j2t.com
