I told you they wouldn't strike Rolly, but they did get you 7 more months under the old agreement....They will have cameras installed under the bosses desk to keep an eye on you....do the job well now!
You were right. I appreciate the extra 7 months. No teeth got it...
...Teamsters officials will now poll the ABF Master Negotiating Committee within the next 24 hours to determine whether to accept ABFs final offer on the last remaining open supplement.
Does this mean that the committee can accept the offer without another vote?
Ummm... I don't know how much info I'd be admitting to there on an open forum... Not sayin'... :)
...Teamsters officials will now “poll the ABF Master Negotiating Committee within the next 24 hours to determine whether to accept ABF’s final offer on the last remaining open supplement.”
Does this mean that the committee can accept the offer without another vote?
I told you they wouldn't strike Rolly, but they did get you 7 more months under the old agreement....They will have cameras installed under the bosses desk to keep an eye on you....do the job well now!
Ding, ding, ding, we have a winner! I don't believe there is any mystery as to what the negotiating commitee will do....Teamsters officials will now “poll the ABF Master Negotiating Committee within the next 24 hours to determine whether to accept ABF’s final offer on the last remaining open supplement.”
Does this mean that the committee can accept the offer without another vote?
Now that the contract is a done deal (99%) does anyone think this will actually make ABF a leader in the LTL industry? Based on managements past performance, is cost cutting going to give ABF a competitive advantage to increase their market share? Or, to put it another way; are the managers at ABF capable of taking the opportunity they have been given and doing something advantageous with it?
This management team and company philosophy are not any different than it was 10 years ago when they consistently had low 90's operating ratios. The difference is our competion and how the lack of higher cost union labor has disappeared and therefore made profit more difficult.
This contract will bring roughly 25-50 million more in profit annually. That isn't a lot considering its a 2 billion dollar revenue company. Old D and Fed Ex make much higher levels of profit. Lastly, seems like eventually (not necessarily under the current congress) the multi employer pension laws will be changed. My best guess but at best this is a shot in the dark, the company will save an additional 20 to 40 million in their annual pension contributions that are north of 120 million currently. This will not make them the leader say in the image of Old D but it will make them an absolutely relevant and profitable company within the Ltl industry.
What I cant grasp is. With such a important vote to basically decide your future how come 23% didn't even bother to cast a ballot. 77% voter turnout for a strike vote that my Teamster friends is pathetic.