ABF announces contract negotiations

Discussion in 'ABF Freight System' started by SAC75, Nov 13, 2017 at 8:20 PM.

  1. SAC75

    SAC75 Well-Known Member

    Messages:
    1,877
    Likes Received:
    1,603
    Trophy Points:
    113
  2. ABFer

    ABFer Super Moderator Staff Member

    Messages:
    18,672
    Likes Received:
    10,785
    Trophy Points:
    113
    I don't see it as a good thing when the employer looks forward to negotiating a contract, they should dread the notion and loose sleep over it. Ready or not boys, here it comes. :2437:
     
  3. 6PakAbs

    6PakAbs Active Member

    Messages:
    213
    Likes Received:
    87
    Trophy Points:
    28
    PAY the RATE or LOCK the GATE
     
  4. RUNVS2

    RUNVS2 New Member

    Messages:
    1
    Likes Received:
    0
    Trophy Points:
    1
    Careful on that thought. I don't think they want to operate in LTL any longer. Can't they lock the gate for 1 year and 1 day and reopen non union? They have enough revenue from other businesses that LTL is just a burden based on their balance sheet.
     
  5. Trucker 206

    Trucker 206 Well-Known Member

    Messages:
    782
    Likes Received:
    754
    Trophy Points:
    93
    Personally, I don’t see them leaving the LTL business anytime soon. This contract will be rough...a literal tug of war, if you will. They would basically have to give up everything, including U-Pack. Competition is increasing in the cube sector too. PODS has always been out there, and I even noticed that U-Haul has ‘cubes’ and a flatbed trailer now. The Conway regional carriers were already in place when CF shut the doors 15 years ago. To my knowledge, ABF has nothing of the sort.
     
  6. ABFer

    ABFer Super Moderator Staff Member

    Messages:
    18,672
    Likes Received:
    10,785
    Trophy Points:
    113
    I believe that if ABF left the LTL business for a year it would not be so easy to get back in. It's hard enough to hold onto the freight that a company has and to start from scratch would be one hell of an uphill battle.
     
    Homesick, icuicp, seabreeze and 2 others like this.
  7. BIG R GUY

    BIG R GUY Part time Coop Dispatch driver

    Messages:
    7,285
    Likes Received:
    7,806
    Trophy Points:
    113
    I think it is actually 3 years, R, if they would remain under ABF in name. Starting up a non from scratch under a different name, rebranding equipment, properties, and labor, would be very difficult.
     
  8. Freightmaster1

    Freightmaster1 Well-Known Member

    Messages:
    5,136
    Likes Received:
    3,003
    Trophy Points:
    113
    ABF, Teamsters disclose schedules for talks on collective bargaining pact

    Some ABF Teamsters believe that ArcBest, in an effort to reduce costs by taking business away from its unionized unit, routes freight from ABF to its logistics units, in particular Panther Expedited Trucking, an asset-light expedited service provider that ArcBest's forerunner company, Arkansas Best Corp., acquired in 2012 for $180 million. In a post from March on a website called "Old School Teamsters," a poster believed to be a veteran ABF driver alleged that the parent provides Panther with shipments so it can reduce Panther's empty miles, while at the same time taking business away from ABF and forcing the unit to pay premium prices for expedited deliveries.

    http://www.dcvelocity.com/articles/...ules-for-talks-on-collective-bargaining-pact/

    :wtflol:
     
    SAC75 likes this.
  9. rugrunner

    rugrunner Member

    Messages:
    52
    Likes Received:
    12
    Trophy Points:
    8
    I am far from pro management. But if you look at the number of guys retiring from here over the next 5 years. It out ways the number of new experienced guys coming. This is a problem not for us, but all companies. The wave will be to buy companies for Qualified experienced drivers.
     
    canaryinthemine and RUNVS2 like this.
  10. Rollin62

    Rollin62 Well-Known Member

    Messages:
    1,230
    Likes Received:
    106
    Trophy Points:
    63
    They can start negotiations by stop contributing my money to a worthless pension, that's gonna be insolvent, and give me different retirement options.
     
  11. DCM_Doc

    DCM_Doc Well-Known Member

    Messages:
    2,732
    Likes Received:
    2,358
    Trophy Points:
    113
    ABF announced recently they are discontinuing pension payments on new hired non union employees. The company cited the burden of payments to union pension plans while other companies are paying only a 25% rate. The article mentioned that ABF is paying into pension funds for Teamsters that never worked for ABF
    The pension fund obligation is like an albatross around the company's neck. If the company could pay only into it's employees fund the payments would be much less.
    ABF doesn't have a network of non union companies like the Conways that CF had. I do think the company will insist on some pension relief before they sign off on a contract. The current rate they are paying into the various pension funds is not sustainable & it doesn't get any better under the current conditions. Even with YRC paying a discount pension rate the company's failure to continue payments would shift more responsibility to ABF.
    I don't think ABF is planning to leave the LTL market but it can't continue to be the cash cow for pension funds & won't sign off on something that will assuredly put it out of business later. A strike would put the company out of business but so would a contract that takes away profitability.
     
  12. SAC75

    SAC75 Well-Known Member

    Messages:
    1,877
    Likes Received:
    1,603
    Trophy Points:
    113
    If your not willing to fight for a good contract why are you here? You want to work for non union wages and benefits there are plenty on non-union companies to chose from that tell you what your going to make. PAY THE RATE OR LOCK THE GATE!
     
  13. ABFer

    ABFer Super Moderator Staff Member

    Messages:
    18,672
    Likes Received:
    10,785
    Trophy Points:
    113
    Other retirement options abound at FedEx, R&L, Old Dominican et al.
     
    DCM_Doc, troubleman84 and SAC75 like this.
  14. Rollin62

    Rollin62 Well-Known Member

    Messages:
    1,230
    Likes Received:
    106
    Trophy Points:
    63
    yep ... central states pension fund is so promising too! Count me in !!!!
     
    vongrimmenstein and the5tolls like this.
  15. Rollin62

    Rollin62 Well-Known Member

    Messages:
    1,230
    Likes Received:
    106
    Trophy Points:
    63
     
  16. Rollin62

    Rollin62 Well-Known Member

    Messages:
    1,230
    Likes Received:
    106
    Trophy Points:
    63
    What's the going rate anyway?
     
  17. canaryinthemine

    canaryinthemine Retirement....The Job I Was Born To Have!

    Messages:
    2,856
    Likes Received:
    3,236
    Trophy Points:
    113
    Out from under the bridge.........

    Are you going to claim to be an ABF employee again, this year?
     
    Boilerpeddle, ABFer and SAC75 like this.
  18. ABFer

    ABFer Super Moderator Staff Member

    Messages:
    18,672
    Likes Received:
    10,785
    Trophy Points:
    113
    RollinOTFL
    The going rate is the same as the coming rate.
     
    canaryinthemine likes this.
  19. DCM_Doc

    DCM_Doc Well-Known Member

    Messages:
    2,732
    Likes Received:
    2,358
    Trophy Points:
    113
    I still have a much better pension with Central States than those working for non union carriers. What is the pension plan for non union carrier employees? Maybe some of the non union retirees or soon to be retired can enlighten us about their retirement benefits.
     
    canaryinthemine and SAC75 like this.
  20. LTLAnonymous

    LTLAnonymous Active Member

    Messages:
    207
    Likes Received:
    237
    Trophy Points:
    43
    You get what you gave to 401(k) and IRAs, with very little from the company.
     
    canaryinthemine likes this.

Share This Page