Ernie should of got it right on the pension and not the hourly rate. There’s a lot of us 25 to 35 year people who got forgotten now Yrc will close. Most have forgotten more than any noob will ever know about freight. I’m sure your contract will pass but it’s the beginning of the end for Yrc.
Here's an example of city driver wages presently being paid in Ohio under the YRC Mou (3-31-2015 to 3-31-2019)...
Wages
$22.19 per hour
$887.60 per 40 hour week
$46,155.20 per year
Health & Welfare (Central States H&W TeamCare)
$401.13 per week
$20,858.76 per year
Pension (Central States Pension Class 18)
$106.55 per week
$5540.60 per year
Total Compensation
$72,554.56 per year
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Here's an example of city driver wages presently being paid in Ohio under the ABF NMFA Central Region Local Cartage Agreement (4-1-2018 to 6-30-2023)...
Wages
$25.0942 per hour
$1003.77 per week
$52,196.04 per year
Health & Welfare (Central States H&W TeamCare)
$401.13 per week
$20,858.76 per year
Pension (Central States Pension Class 18)
$342.00 per week
$17,784.00 per year
Total Compensation $90,838.80 per year
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Remember that these figures are based on a flat 40 hours a week and do not include difference in vacations, etc. Also wages and fringe benefit contribution rates are different across the country under different supplemental agreements and riders with locals and their benefit plans.
Total Compensation Difference Between YRC companies and ABF Freight is $18,284.24 a year or about 20% higher at ABF Freight. This could vary across the country depending on their current wages This is from a board post
