stewarttrains_98
Member
ugust 7, 2007
Norfolk Southern and BLET Reach Tentative Agreement
NORFOLK, VA – Norfolk Southern Railway Co. and the Brotherhood of
Locomotive Engineers and Trainmen today announced that they have reached a
tentative new agreement, which extends through 2014 and continues to
link engineers’ compensation to Norfolk Southern’s performance. The
agreement is subject to ratification by employees.
The agreement, which covers approximately 5,100 locomotive engineers,
continues to provide an annual bonus opportunity based on the same
performance criteria used to determine management bonuses. The BLET has
participated in Norfolk Southern’s bonus program since 1996.
Other highlights of the new agreement include general wage increases,
improved incentive pay for weekend and holiday work, increased 401(k)
matching contributions, and improvements to vacation arrangements that
are coupled with new qualifying requirements that will improve
engineers’ availability for work.
The agreement also includes work rule changes defining engineers’ job
responsibilities and rules that will permit more efficient operations.
BLET General Chairmen Ray Wallace, Willard Knight and Cole Davis
expressed support for the agreement, which they said will continue to prove
beneficial to their members.
NS Executive Vice President Administration John Rathbone and Vice
President Labor Relations Mark MacMahon indicated that the agreement is a
continuation of the collaborative partnership between NS and the BLET and
that it will facilitate efforts to improve operating efficiency and
customer service.
Norfolk Southern Corporation (NYSE: NSC) is one of the nation’s
premier transportation companies. Its Norfolk Southern Railway subsidiary
operates approximately 21,000 route miles in 22 states, the District of
Columbia and Ontario, Canada, serving every major container port in the
eastern United States and providing superior connections to western
rail carriers. NS operates the most extensive intermodal network in the
East and is North America’s largest rail carrier of metals and
automotive products.
Norfolk Southern and BLET Reach Tentative Agreement
NORFOLK, VA – Norfolk Southern Railway Co. and the Brotherhood of
Locomotive Engineers and Trainmen today announced that they have reached a
tentative new agreement, which extends through 2014 and continues to
link engineers’ compensation to Norfolk Southern’s performance. The
agreement is subject to ratification by employees.
The agreement, which covers approximately 5,100 locomotive engineers,
continues to provide an annual bonus opportunity based on the same
performance criteria used to determine management bonuses. The BLET has
participated in Norfolk Southern’s bonus program since 1996.
Other highlights of the new agreement include general wage increases,
improved incentive pay for weekend and holiday work, increased 401(k)
matching contributions, and improvements to vacation arrangements that
are coupled with new qualifying requirements that will improve
engineers’ availability for work.
The agreement also includes work rule changes defining engineers’ job
responsibilities and rules that will permit more efficient operations.
BLET General Chairmen Ray Wallace, Willard Knight and Cole Davis
expressed support for the agreement, which they said will continue to prove
beneficial to their members.
NS Executive Vice President Administration John Rathbone and Vice
President Labor Relations Mark MacMahon indicated that the agreement is a
continuation of the collaborative partnership between NS and the BLET and
that it will facilitate efforts to improve operating efficiency and
customer service.
Norfolk Southern Corporation (NYSE: NSC) is one of the nation’s
premier transportation companies. Its Norfolk Southern Railway subsidiary
operates approximately 21,000 route miles in 22 states, the District of
Columbia and Ontario, Canada, serving every major container port in the
eastern United States and providing superior connections to western
rail carriers. NS operates the most extensive intermodal network in the
East and is North America’s largest rail carrier of metals and
automotive products.
