GUYS, ABF has to have some concessions, both in work rules and wages. ABF now has the highest wages/bennies costs in the industry. They can't hang with the rate slashing going on unless they get something from somebody--and it ain't gonna be the customers.
Whatever they want, I will vote for.
Sheep
ABF has been bragging about how much money they have in CASH...
EVERY truckline that has taken concessions has eventually failed.
We were told that ABF does NOT want that haunting them.
So..they are between a rock and a hard spot...If yrc goes down..everything will get back to normal.
REMEMBER>>YRC caused all of this...If they didn't try to buy everyone (on credit) to become the largest truckline (the UPS of freight) none of this would be happening!
The economy does play a factor...but what is making it so unfair is the $11 dollar per hour in wage and benefits difference. Thank our own union for that (saving yrc) at the cost of ABF
If...and I mean IF...they continue to loose money (they can afford to loose 10 mill a quarter for the next 5 years before they blow all of it)
ABF is buying BRAND NEW TRAILERS AS WE SPEAK!
That goes against our operating ratio..Gee think they may be trying to show larger lost for a convincing argument?
If thing are so bad they would have placed a hold on it AS THEY HAVE BEFORE!
How long have you been here?? not long enough to know :
:
We need not wait till $ gone..but, wait for another 2 quarters is fair...lets see then. evaluate..THINK..use your mind.
Employees will keep them in business..we are a smart group
(well..most of us)
we will vote accordingly..That is if they even ask us!
They may just try to pull out of the pension again...this time they may have a legal way to do it..That's another topic.
Whatever they want I will vote for?
thou dost not have a brain...sheep just sheep.