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Norfolk Southern reaches new paid sick leave deal as it contends with derailment fallout - TL;DR CNBC

Norfolk Southern reaches new paid sick leave deal as it contends with derailment fallout

Publishing timestamp: 2023-03-15 15:32:24


Summary

Norfolk Southern has reached a deal to offer up to seven paid sick days per year to members of the International Brotherhood of Boilermakers and Blacksmiths, making it the ninth of Norfolk Southern's 12 unions to negotiate paid sick days. This comes after months of fighting between unions and railroads over paid sick leave. The move also follows a recent train derailment carrying toxic materials in Ohio, which has resulted in political and environmental fallout for the company.


Sentiment: NEUTRAL

Tickers: UNPNSC

Keywords: union pacific corpbusiness newsnorfolk southern corppoliticstransportationbusiness

Source: https://www.cnbc.com/2023/03/15/norfolk-southern-union-reach-paid-sick-leave-deal.html


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