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ABF | Arkansas Best Loses $13.4 Million In First Quarter!

Rollin62 said:
your vote won't even matter. Wipe that ass with that ballot. IBT will cast your vote in a manner that will benefit them. You guys are blind. If abf is cookin the books, like you guys say, I'm sure IBT does back door deals. Wake up driver cause this is how it works
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Big Daddy said:
There is a difference between ABF and CF. Cf wanted to close their doors as soon as Conway was able to go coast to coast. I don't Think ABF wants to close their doors, but I could be wrong.
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WOW THAT IS SOO TRUE

In my opinion, That was their plan long before Conway was even started...
 
AkitaDog said:
Their not going to touch the pension because they can't!The liability is to high for them not to continue paying into it.So their looking at other ways ie:H&W,Wages,And flexibility to offset the pension cost.
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abf is not even worried about the pension, because the pension is going to take care of itself some day soon(like go broke). and then abf wont have to make any pension deposits
 
I cant believe I am about to say this..............but here goes. I agree with Stoney! I dont think it is unrealistic that ABF lost money legitimately. Pension costs, health care, fuel , bad economy etc. It is the nature of this business, It is cyclical. When they go back to being profitable, don't think for a second they are going to share in that. So do not expect labor to take lions share of hit in the down cycle.
 
doodah said:
abf is not even worried about the pension, because the pension is going to take care of itself some day soon(like go broke). and then abf wont have to make any pension deposits
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The pension issue will eventually get worked out by Congress starting as early as 2014 when ERISA is updated/reworked/changed or whatever. One thing you have to remember is that the IBT Parcel Division just tentatively agreed to putting over 140,000 UPS Teamsters into the Central States H&W Fund. I would think that there's no way a company as smart as UPS would put their employees into a fund that was in trouble for the long run. I know that the H&W and Pension Funds are separate, but I think in the long run, Central States will be O.K. How bad the active and retired participants of Central States get screwed in the future is another story!
 
Big Daddy said:
There is a difference between ABF and CF. Cf wanted to close their doors as soon as Conway was able to go coast to coast. I don't Think ABF wants to close their doors, but I could be wrong.
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I agree. Upper management has way too much money in the pot to lose. Besides, I don’t believe the other shareholders who don’t run ABF would let that happen. ABF is too much of a sound financial company in the trucking Industry to just close the doors. But, 2 or 3 years down the road they will have positioned themselves to close & open up under another name with non-union help. That is what I think they are going to do regardless of any contract.
 
Freightmaster1 said:
The pension issue will eventually get worked out by Congress starting as early as 2014 when ERISA is updated/reworked/changed or whatever. One thing you have to remember is that the IBT Parcel Division just tentatively agreed to putting over 140,000 UPS Teamsters into the Central States H&W Fund. I would think that there's no way a company as smart as UPS would put their employees into a fund that was in trouble for the long run. I know that the H&W and Pension Funds are separate, but I think in the long run, Central States will be O.K. How bad the active and retired participants of Central States get screwed in the future is another story!
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you said active and retired, are we all in this discussion active and or retired?
 
doodah said:
you said active and retired, are we all in this discussion active and or retired?
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Sure, why not? :shrug: I like hearing different points of view and ways of doing things, working or retired.
 
doodah said:
i bet you wont like hearing different points of view when the points of view is your pension check.
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What is your point? You're losing me here. If your point of view is that the pension is in trouble why would your point of view bother me?
 
ABFer said:
What is your point? You're losing me here. If your point of view is that the pension is in trouble why would your point of view bother me?
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i think maybe you have been driving all night,you are tired and that you need to go lay down.you lost me on your post as well,you know the one about different points of view.
 
Freightmaster1 said:
The pension issue will eventually get worked out by Congress starting as early as 2014 when ERISA is updated/reworked/changed or whatever. One thing you have to remember is that the IBT Parcel Division just tentatively agreed to putting over 140,000 UPS Teamsters into the Central States H&W Fund. I would think that there's no way a company as smart as UPS would put their employees into a fund that was in trouble for the long run. I know that the H&W and Pension Funds are separate, but I think in the long run, Central States will be O.K. How bad the active and retired participants of Central States get screwed in the future is another story!
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doodah said:
you said active and retired, are we all in this discussion active and or retired?
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I think I see where it went south. And yes all are involved with the proposed pension changes. Active and retired.
 
papajohn said:
Well if it does happen, be prepared to take your next set of wage and health cuts, You seem to forget that your wages, benefits depends on what will happen to us....

ITS COMING WHETHER YOU LIKE IT OR NOT
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why yrc took 15% cuts i didn't see anyone else drop to that level, i've read of non union guys getting raises, in fact on r&l threads they all just took a .50 an hr raise. abf does not control drivers pay in the industry. the lack of good qualified drivers is what is going dictate pay. the less drivers the better the pay.
 
A Contract like you are talking about is a no vote from me. Sorry I am not going to make my family pay for whatever is going to happen. Now for example if they want to give us stock for a signing bonus, Profit sharing, pay raises, just like when management receives theirs, If they want us to take cuts, then make it equal cuts for top down. When they get a raise, then we get the same raise. That will be more acceptable and may have a chance of passing. Our pension still has to be protected.

Sorry Papa, I can't agree with you here. No cut means no cut. Just because non union personel or management takes a cut means that i am willing to take a cut. Don't forget that we are the ones doing all the physical work.
 
cropduster said:
A Contract like you are talking about is a no vote from me. Sorry I am not going to make my family pay for whatever is going to happen. Now for example if they want to give us stock for a signing bonus, Profit sharing, pay raises, just like when management receives theirs, If they want us to take cuts, then make it equal cuts for top down. When they get a raise, then we get the same raise. That will be more acceptable and may have a chance of passing. Our pension still has to be protected.

Sorry Papa, I can't agree with you here. No cut means no cut. Just because non union personel or management takes a cut means that i am willing to take a cut. Don't forget that we are the ones doing all the physical work.
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I agree with you,I never said I was willing to take any cuts. I just used this for an example, that if I had to take any form of cuts then when they get a raise we should get the same raise. I Still will be voting no for any cuts.
 
papajohn said:
I agree with you,I never said I was willing to take any cuts. I just used this for an example, that if I had to take any form of cuts then when they get a raise we should get the same raise. I Still will be voting no for any cuts.
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not arguing with you. because i am not stoney. but that is what i thought i read in your post. thanks for clearing that up. any cuts or medical pre-pay (that would be an equivlent to a cut) just means we would be like all the other ltl companies. not the best in the industry like judy said in all the propaganda. If judy wants to bring us down then my work attitude will reflect the the appropriate worth she thinks i deserves.
 
ex driver said:
why yrc took 15% cuts i didn't see anyone else drop to that level, i've read of non union guys getting raises, in fact on r&l threads they all just took a .50 an hr raise. abf does not control drivers pay in the industry. the lack of good qualified drivers is what is going dictate pay. the less drivers the better the pay.
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They.....the powers that be.....know driver pay is going to rise in the future. They want to lower the point where pay starts to rise now. If average driver pay is 10% less than what it is, now....then when it starts to rise, it's 10% "in the hole"...starting to rise at a deficit......that way it won't rise as much or as fast. I'm glad the non-Unions are getting pay raises....that's an indication of how desperate the carriers are getting for qualified drivers. As the saying goes: "A rising tide floats all boats,"
 
cropduster said:
not arguing with you. because i am not stoney. but that is what i thought i read in your post. thanks for clearing that up. any cuts or medical pre-pay (that would be an equivlent to a cut) just means we would be like all the other ltl companies. not the best in the industry like judy said in all the propaganda. If judy wants to bring us down then my work attitude will reflect the the appropriate worth she thinks i deserves.
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No problem cropduster, I agree with you. A cut is a cut any way you look at it, and is unacceptable.
 
canaryinthemine said:
They.....the powers that be.....know driver pay is going to rise in the future. They want to lower the point where pay starts to rise now. If average driver pay is 10% less than what it is, now....then when it starts to rise, it's 10% "in the hole"...starting to rise at a deficit......that way it won't rise as much or as fast. I'm glad the non-Unions are getting pay raises....that's an indication of how desperate the carriers are getting for qualified drivers. As the saying goes: "A rising tide floats all boats,"
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why does everyone think abf is where the bar is held. nobody is lowering pay and benefits in the industry that has a healthy ledger sheet. read the other threads. only yrc, new century, vitran are struggling. if your pay goes down 10% that s not the bar goes down to. everyone wants to keep good drivers and money is what will do that. unfortunate for abf, concessions are needed to stay afloat. remember a strike will kill your future and yrc is the only other game in town.
 
Well, contrary to some of you jealous non-union trolls, the votes do get counted. The pension is going to get paid, we are not going to be on the same time line with YRC going forward. YRC is going to be required to go back to full pension rates in 2015. There is going to be some changes in pension law, that may cause some cuts across the board to make the funds solvent again, but nothing like the cuts that would happen in an insolvency situation that required government funding. So far in these negotiations, the only quote, unquote threat, I've heard from the company is, some terminals may close, if they did not get some relief. I don't think that was a threat. If our market share does not grow, capacity will have to reduce. I've been a Teamster for 27 yrs. and made a good living, and haven't spent everything I've made, so I'm in a position that I can give some relief and really not miss it too much, and I will never be broke enough to work at Con-Job, Fred-Ex, Old Domination, etc...though any of those would quickly hire me, most of you ding dongs on here that trash ABF wouldn't even get a second glance once they pulled your background. When I get my ballot, I'll vote my conscience, If it doesn't pass, I'll vote again, maybe on something better, who knows, but there won't be a meeting in the break room, where the manager comes in, and says, "Boys and Girls, we're gonna cut this and that, and if you don't like it, there's the door, and if we see ya'll ganged up whining about it we"re going to FIRE you!" And everybody in the breakroom smiles, and says YES, SIR...we understand. Ya'll have a wonderful non-union day. Proud to be an ABF TEAMSTER....Von Kirkus 239/MGM Montgomery, AL in case you were wondering where I kept my pair!
 
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