CSX » Topics » Labor and Fringe

This excerpt taken from the CSX 8-K filed Jan 20, 2009.
Labor and Fringe expense decreased $38 million. This decrease was primarily driven by lower long-term incentive compensation which was slightly offset by wage and labor inflation and other items.

This excerpt taken from the CSX 8-K filed Oct 14, 2008.
Labor and Fringe expense increased $6 million. This increase was primarily driven by wage and benefit inflation which was mostly offset by a reduction of train crew headcount due to lower volumes.

This excerpt taken from the CSX 8-K filed Jul 15, 2008.
Labor and Fringe expense decreased $10 million. This decrease was primarily driven by a reduction of train crew headcount due to lower volumes and improved productivity. Largely offsetting this decrease was wage and benefit inflation.

This excerpt taken from the CSX DEFA14A filed Apr 16, 2008.
Labor and Fringe Labor and Fringe expense increased $11 million. This increase was primarily driven by wage and benefit inflation and higher incentive compensation. Partially offsetting these increases were productivity gains from improved operations and lower volume, which resulted in a reduction of train crew headcount.  
 
This excerpt taken from the CSX 8-K filed Apr 15, 2008.
Labor and Fringe Labor and Fringe expense increased $11 million. This increase was primarily driven by wage and benefit inflation and higher incentive compensation. Partially offsetting these increases were productivity gains from improved operations and lower volume, which resulted in a reduction of train crew headcount.  
 
This excerpt taken from the CSX 8-K filed Jan 22, 2008.
Labor and Fringe expenses increased only $6 million.  These expenses were basically flat primarily due to a reduction in headcount from lower volume and productivity gains related to improved operations.  These savings were offset by the effects of inflation and other employee benefit costs.
 

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