NCFO | Jotup

CSX Reaches Paid Sick Leave Agreements with Four Unions

Retrieved on:

Thursday, February 1, 2024

Quality of life, IAM, Sick leave, NCFO, IBEW, Workforce, BRC, CSX

JACKSONVILLE, Fla., Feb. 01, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has reached agreements with four additional groups of railroad workers to provide paid sick leave benefits, demonstrating the company’s ongoing commitment to enhancing the work experience for its employees.

Key Points:

JACKSONVILLE, Fla., Feb. 01, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has reached agreements with four additional groups of railroad workers to provide paid sick leave benefits, demonstrating the company’s ongoing commitment to enhancing the work experience for its employees.
The unions include SMART-TD Conductors/Trainmen (C&O), SMART-TD Yardmasters, International Brotherhood of Boilermakers, and Carrolton Road-Transportation Communications Union-represented Engineers/Yardmen/Maintenance of Way employees.
These agreements extend coverage to more than 600 employees, further solidifying CSX's industry-leading initiative of providing paid sick leave to its workforce.
In 2023, CSX became the first U.S. Class I railroad to extend paid sick leave agreements to its contract workers.

Florida AFL-CIO Grants Dr. Barbara Sharief Prestigious Statewide Early Endorsement

Retrieved on:

Thursday, January 18, 2024

NCFO, Social media, IUPA, IDS, OPEIU, LIUNA, Master, Painting, IBEW, NABET, NFLPA, UWUA, Florida Senate, Theatre, BLET, IUPAT, Senate, Letter, Jackson Memorial Hospital, RWDSU, Firefighter, AFSCME, Teacher, IAFF, Human, Democratic Party, Democrat, UNITE, Multimedia, UFCW, Television, Interview, Trade union, AFGE, NALC, Conference, AWIU, Machinist, Boilermaker

This endorsement is a testament to Dr. Sharief's unwavering commitment to championing the rights and interests of Florida's workforce.

Key Points:

This endorsement is a testament to Dr. Sharief's unwavering commitment to championing the rights and interests of Florida's workforce.
As a union member herself (while working as a nurse at Jackson Memorial Hospital), Barbara knows how important Labor Unions are to everyday workers in Florida.
"I am honored to receive the EARLY endorsement of the Florida AFL-CIO," said Dr. Barbara Sharief.
With the Teachers and the Statewide AFL-CIO aboard her campaign, Dr. Sharief said " The outpouring of support has left me truly humbled.

CSX and BRS Reach Second Agreement on Paid Sick Leave

Retrieved on:

Wednesday, October 25, 2023

IBEW, CSX Corporation, BRS, Brotherhood of Railroad Signalmen, CSX, L&N, IAM, BRC, Brotherhood, SCL, TD, NCFO, Sick leave, Health insurance, Nursing

JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) is announcing the ratification of a paid sick leave agreement covering approximately 200 employees represented by the Brotherhood of Railroad Signalmen (BRS) on the company’s L&N property.

Key Points:

JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) is announcing the ratification of a paid sick leave agreement covering approximately 200 employees represented by the Brotherhood of Railroad Signalmen (BRS) on the company’s L&N property.
The ratification follows another recent agreement with the BRS covering nearly 400 employees on the SCL property.
CSX continues to build on series of successful negotiations with various railroad unions to provide paid sick leave.
This includes agreements reached earlier this year with the BMWED, BRC, SMART-TD, IAM, NCFO and IBEW unions, providing paid sick leave for thousands of railroad workers.

CSX and BRS Reach Agreement on Paid Sick Leave

Retrieved on:

Thursday, October 19, 2023

Rail transport, IBEW, Signalman, Workforce, CSX Corporation, Brotherhood of Railroad Signalmen, CSX, IAM, BRC, Brotherhood, SCL, TD, NCFO, Sick leave, Health insurance

JACKSONVILLE, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) is pleased to announce the ratification of a paid sick leave agreement with the SCL property for the Brotherhood of Railroad Signalmen covering nearly 400 employees.

Key Points:

JACKSONVILLE, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) is pleased to announce the ratification of a paid sick leave agreement with the SCL property for the Brotherhood of Railroad Signalmen covering nearly 400 employees.
The agreement underscores CSX's commitment to the welfare and well-being of its workforce.
It provides a sick leave package that ensures employees can take necessary time off from work to recover from illness without worrying about their financial stability.
This includes agreements reached earlier this year with the BMWED, BRC, SMART-TD, IAM, NCFO and IBEW unions, providing paid sick leave for thousands of railroad workers across the country.

CSX Reaches Tentative Paid Sick Leave Agreement with SMART-TD B&O Union

Retrieved on:

Monday, April 3, 2023

JACKSONVILLE, Fla., April 03, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that it has reached a tentative agreement with the Sheet Metal, Air, Rail and Transportation Workers-Transportation Division B&O (SMART-TD B&O) union to provide CSX trainmen and conductors with paid sick leave benefits.

Key Points:

JACKSONVILLE, Fla., April 03, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that it has reached a tentative agreement with the Sheet Metal, Air, Rail and Transportation Workers-Transportation Division B&O (SMART-TD B&O) union to provide CSX trainmen and conductors with paid sick leave benefits.
Pending ratification by SMART-TD B&O members, the agreement will increase the number of CSX operating employees with paid sick leave benefits to more than 10,000, or 60% of the company’s union-represented workforce.
The terms of the SMART-TD B&O agreement provide for five days of paid sick leave annually plus an opportunity to convert two days from personal leave to sick leave.
“We are committed to listening to our employees and talking with union leaders about how we can solve issues and further improve relations,” Hinrichs said.

CSX Reaches Agreement with IBEW Union on Paid Sick Leave

Retrieved on:

Wednesday, March 22, 2023

BRC, Brotherhood of Railway Carmen, NCFO, International Association of Machinists and Aerospace Workers, Brotherhood, International Association, National Conference, International Brotherhood of Electrical Workers, IBEW, Machinist, IAM, International Brotherhood of Stationary Firemen, Conference, Sick leave, Safety, CSX, Health insurance, Management

JACKSONVILLE, Fla., March 22, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that it has reached an agreement with the International Brotherhood of Electrical Workers (IBEW) to provide paid sick leave to employees.

Key Points:

JACKSONVILLE, Fla., March 22, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that it has reached an agreement with the International Brotherhood of Electrical Workers (IBEW) to provide paid sick leave to employees.
This is the seventh agreement between CSX and rail unions in recent weeks bringing the total number of employees that now have paid sick leave to nearly 7,700 – or 46 percent of CSX’s union-represented workforce.
The contracts demonstrate CSX’s commitment to continuing to work with its employees and their representatives to improve the work experience across its organization.
“We are pleased by the progress we are making to improve the dialogue and strengthen relationships with rail labor,” said Joe Hinrichs, President and Chief Executive Officer of CSX.

Adecoagro's Adj EBITDA reached $433 million in 2022, in line with 2021 despite higher global costs and challenging weather. During 2022 the company distributed 47% of NCFO via cash dividend and share repurchases.

Retrieved on:

Thursday, March 9, 2023

Adjusted EBITDA in our Sugar, Ethanol & Energy business reached $101.1 million in 4Q22, 55.5% or $36.1 million higher compared to the same period of last year.

Key Points:

Adjusted EBITDA in our Sugar, Ethanol & Energy business reached $101.1 million in 4Q22, 55.5% or $36.1 million higher compared to the same period of last year.
In 2022 Adjusted EBITDA in our Sugar, Ethanol & Energy business reached $373.8 million, $38.9 million higher year-over-year.
In 2022, we generated $141.3 million of NCFO, which equals to a minimum distribution of $56.5 million during 2023.
During the first two months of the year, we repurchased 0.7 million shares at an average price of $7.95 per share, totaling $5.5 million.

CSX Reaches Agreement with IAM and NCFO on Paid Sick Leave for Railroad Workers

Retrieved on:

Friday, February 10, 2023

Conference, Employment, National Conference, NCFO, Sick leave, IAM, Machinist, International Association of Machinists and Aerospace Workers, Brotherhood, CSX, International Association, Health insurance, Maintenance

JACKSONVILLE, Fla., Feb. 10, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that it has reached an agreement with two additional railroad unions to provide paid sick leave to its employees.

Key Points:

JACKSONVILLE, Fla., Feb. 10, 2023 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that it has reached an agreement with two additional railroad unions to provide paid sick leave to its employees.
The agreements were reached with the International Association of Machinists and Aerospace Workers (IAM), which represents railroad machinists, and the National Conference of Firemen and Oilers (NCFO), which represents the company’s utility workers.
CSX recently announced contractual agreements with two other unions – the Brotherhood of Maintenance of Way and Brotherhood of Railway Carmen – with provisions of paid sick leave.
Joe Hinrichs, president and chief executive officer of CSX said, “CSX is very much committed to the wellbeing of all of our employees and their families.

Adecoagro to pay the second installment of its $35 million cash dividend. Net sales in 3Q22 of $378 million, 22.6% higher year-over-year.

Retrieved on:

Wednesday, November 9, 2022

Adjusted EBITDA in our Sugar, Ethanol & Energy business reached $111.0 million in 3Q22, 19.6% or $27.1 million lower compared to the same period of last year.

Key Points:

Adjusted EBITDA in our Sugar, Ethanol & Energy business reached $111.0 million in 3Q22, 19.6% or $27.1 million lower compared to the same period of last year.
Net Income amounted to $22.6 million during 3Q22, marking a $14.4 million reduction compared to the same period of last year.
Net income in 9M22 reached $105.9 million, $33.9 million or 47.1% higher compared to the previous year.
A conference call to discuss 3Q22 results will be held on November 10, 2022 with a live webcast through the internet:

Adecoagro reported Adjusted EBITDA in 2Q22 of $118 million, 16.7% higher year-over-year.

Retrieved on:

Thursday, August 11, 2022

Adjusted net income reached $44.0 million in 2Q22 and $58.7 million in 6M22, presenting an outperformance compared to the same period of last year.

Key Points:

Adjusted net income reached $44.0 million in 2Q22 and $58.7 million in 6M22, presenting an outperformance compared to the same period of last year.
Adjusted EBITDA in our Sugar, Ethanol & Energy business reached $104.4 million in 2Q22 and $161.6 million in 6M22, marking a year-over-year increase of 41.8% and 22.7%, respectively.
EBITDA per ton crushed amounted to 31.6 USD/Tn in 2Q22 and 45.3 USD/Tn in 6M22, 49.2% and 90.9% higher compared to the same period of last year, respectively.
Lower Adjusted EBITDA generation was driven by our Rice and Crops businesses, which fully offset the improved performance in our Dairy business.