Texas-based BNSF Railway, one of the largest railroad networks in North America, recently reached a five-year, collective bargaining agreement with the Transportation Communications Union/IAM (TCU) intermodal group.
The tentative agreement covers 746 employees. The employees will receive wage increases totaling 17.5 percent over five years, 18.8% compounded, and enhanced vacation benefits and preserved health care benefits. Retroactive pay will be given starting with July 1, 2025.
“I want to commend our bargaining committee for their efforts to secure real gains, and I’m confident this agreement moves our members forward,” TCU/IAM National President Matt Hollis said. “I also recognize the cooperation of BNSF CEO Katie Farmer and her labor relations team. Reaching agreements for such a large number of employees isn’t always the easiest task, but I appreciate the effort of both groups who worked diligently to reach a fair agreement.”
The TCU intermodal group covers members at the BNSF Cicero, Corwith, Seattle and Memphis Intermodal facilities. The new agreement is subject to ratification.
Twelve of the 13 represented unions, representing 95 percent of BNSF’s workforce, now are covered by either ratified or tentative agreements.
BNSF Railway operates approximately 32,500 route miles in 28 states and three Canadian provinces.