R-14Driver
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ABF | ABF's 'Lost' Profit
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bad slavin
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They should have thought about something other than 15per. After telling us we were not in the same dire straits as YRCW, they came after that magic number of 15 . Even with all the other goodies ,if we started operating under 100 o/r the members were stuck on the 15 percent wage reduction. Not a good number to use when you see another company getting what they want and not being able to turn it around. I live with my no vote.
DITTO! Couldn't have said it better!
The company asked for a 10% wage concession not 15% like YRC. Also ABF agreed to continue pension contributions unlike YRC. A provision in the company's proposal was if the operating ratio was 98% or better less than 10% would be decucted from employees pay. If the agreement had been approved, this last quarter O/R would have been about 96% which means that less then 10% would have been deducted. The company cannot keep bleeding. That is a given in the business world. Banks won't continue to loan if a profit is not made.
harleydad75
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You are wrong. The company asked for 15%. Had it been 10% it would had have a better chance of being approved. They were a little greedy on their first proposal and we the members told them so.
Steward of the Rock
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The wage concession package offered by ABF was a 15% pay reduction for the life of the contract. Also, if the operating ratio for a calendar year was 97% or better, the next years concession would have been reduced by 5%. I agree with HD75 that if the offer had been a 10% wage reduction that it would have probably been voted in.
There are many ways to off set the other companies beg backs. You will all see in the near future Muler is in the ABF house. Stop talking about the wage for that money belongs to our families. There are many other places to off set the others. DON'T BE WEAK. Remember that is why some are in management they don't have what it takes to stand and fight. That is not a slap in their face. I don't have the stomach to beg. ABF is fine right now don't start with the sky is falling crap. There is a letter going around from a Brother and it is real informative. Relax we will be alright. YOUR BROTHER ALWAYS!
truckchick1
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I agree. The sky is not falling. Our leaders at the Fort know how to make it happen. They will try for the easy way out like YRC but when we said NO they went back and did what they are paid to do. Really sorry for the nonunion employees who have taken a major wage/health/welfare cut. You road on our coatails for a long time. You only made the money we did because the GO did not want the union there. I have seen your backyard. None of us gets to work in such a clean, employee friendly building. Now some of you have to pay the price that we have.
I can only assume this is what ABF hoped for, their employees not paying attention and giving them what they asked for because they said so.
That is a good post. You speak the truth. We all the ABF employees will beat this ****** of our industry. These ceo's have berated all of the trucking industry. At least ours took their shot and we reacted with a well informed vote. YOUR BROTHER ALWAYS! Also please tell me there are no Tyson Johnson backers on this ABF thread. I have had enough of their nut hugging post. He sold us out and that is a fact. He has let the freight division of the Teamsters sink to it's lowest level in the history of the Teamsters. YOUR BROTHER ALWAYS!
Both have to go Hoffa & Tyson. The only shot we have is to get ups package to vote with us.
Aren't they voted in. When can we vote for new blood?
I think we all vote together?
I think they will try again
231 term is at 100.2 for the year as of Oct.2010 We are almost back from a 112 in the beginning of the year. Oct. was a 91.2 Went to make a pickup this week at an acct. that only ships collect routed frt with us. The shipper told me that it was PPD. frt and that ABF had the cheapest rates out there right now. We have been busy since the day after the concession was voted down. Here is where I think this is going. I wouldn't be surprised if they have decided to bury the company in freight, have massive bill counts, putting people back to work and really go gangbusters round the clock. Then in 2013 when NMFA is up for renewal, the company claims that they have tried everything but to maintain the current business standards they will need concessions in the new contract or else they will have to start laying people off. I'm just saying!!! Don't be surprised. Trust your own senses when it comes to the company. They are a good company but after 30 yrs in this business (5@abf) I believe little of what I see and nothing they tell me. Good Luck to all our brothers and sisters.
231 term is at 100.2 for the year as of Oct.2010 We are almost back from a 112 in the beginning of the year. Oct. was a 91.2 Went to make a pickup this week at an acct. that only ships collect routed frt with us. The shipper told me that it was PPD. frt and that ABF had the cheapest rates out there right now. We have been busy since the day after the concession was voted down. Here is where I think this is going. I wouldn't be surprised if they have decided to bury the company in freight, have massive bill counts, putting people back to work and really go gangbusters round the clock. Then in 2013 when NMFA is up for renewal, the company claims that they have tried everything but to maintain the current business standards they will need concessions in the new contract or else they will have to start laying people off. I'm just saying!!! Don't be surprised. Trust your own senses when it comes to the company. They are a good company but after 30 yrs in this business (5@abf) I believe little of what I see and nothing they tell me. Good Luck to all our brothers and sisters.
I just don't believe Hoffa is for the working man. The tactics they try to use also don't work today.
I stand corrected on the 15%. I was figuring with the O/R being below 98 that the concession would be 10%. I did pay attention & took notes & did calculations. I kept notes & calculations so I would have a reference at a later date as I am doing now. I have seen difficult times with the company back to the take over attempt & acquisitions that came close to putting us out of business. No other business is as competitive as the freight industry.
leftyblack
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"Banks won't continue to loan if a profit is not made"....really have you've been following all the money that yrc has been able to borrow??? The wage concession from ABF was 15% the quote we heard from management at our terminal...."15% is the number. We asked for more but the IBT would only allow us to ask this & if we don't get it we will be out of business in a year" the exact quote we were smart enough to record it.