after looking at earnings, can we swap Judy, etc with SAIA?

Discussion in 'ABF Freight System' started by 6PakAbs, Oct 27, 2016.

  1. 6PakAbs

    6PakAbs Active Member

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    wow..go to the Saia board and look at their 3rd qtr sates!

    OR 92.8 compared to 93.8
    Operating Income up 14.1% to 22.6 Million
    Net income up 17.4% to 138 M
    Dividend EPs .54 compared to .46

    Can we get those guys/gals at the Fort? Let's pay someone that knows what they are doing!!
     
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  2. gearraker

    gearraker Active Member

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    Our ceo came from yellow...lol
     
  3. Abfrocks

    Abfrocks Active Member

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    Abf freight is making a good profit. They are just hiding it all so that they can scare the weak minded at contract time to vote yes for concessions
     
  4. BIG R GUY

    BIG R GUY Part time Coop Dispatch driver

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    M
    Maybe first, You would like to compare your W-2, to one of their drivers and also how much weekly they pay for health care, and how good the coverage is.
     
  5. canaryinthemine

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

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    Yeah,...... I think I'd rather see how the compensation package is for the guys who actually make the profit.....(....that would be us working schlobs.......)......before I pass judgement on how good a company is.....

    Just because their stock is making Wall Street executives and accountants dance arm-in-arm doesn't necessarily mean they are a good company.

    Do they pay time-and-a-half after eight? Do they pay overtime at all? Or are they another bottom-feeder company that's ......"profitable" .... because they treat their employees like they are an impediment to profits?

    If they are.......No Thanks....... I'll stick with the Incompetent evil that I know.......
     
  6. canaryinthemine

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

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    Now if you want to swap Ms.McReynolds outright for something useful.........say...a wooden coatrack and two worn out dispatchers.,.........I'm sure we can arrange a swap......
     
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  7. dointhesame

    dointhesame New Member

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    SAIA and ABF/ARCBEST are no 2 alike companies. ABF cant be compared to any other although they like to do so.. the freight industry is the only place you can do things where any other place it is embezzlement, fraud and conspiracy..
     
  8. hotrodd

    hotrodd Active Member

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    There pay and benefits are pretty close. Especially if you are a part of the central states no pension fund.
     
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  9. gearraker

    gearraker Active Member

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    Our insurance is free after 10 yrs of service...ot after 45 hrs
     
  10. ABFer

    ABFer Super Moderator Staff Member

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    Add to that a union that sells us out and the lack of representation that we pay for and I do believe that you are right.
     
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  11. vongrimmenstein

    vongrimmenstein Well-Known Member

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    Just doing the math. 100.00 Per week for full family coverage that meets the level given by the Central States Contract is the typical amount one would pay working for a company with no union contract. Times 52 weeks a year is 5,200.00, *17 years is 88,400.00 for the 17 years I worked @ ABF. That is a huge difference in benefits. And paying that premium after taxes have been deducted from your pay check is about another 23% increase in your medical premium, unless you can itemize. So now you are paying about 6, 396.00 per year for the coverage. For 17 years I never once had to pay a weekly premium to have medical insurance. So what did my company under contract do for me that many other companies would or could not? @ 533.00 more per month in my pocket, a truck payment, tuition for a child, loan pmt for you bass boat or camper, more steak dinners @ Texas Road House, a little more in the collection plate @ church, karate lessons for family members, pick a subject. I was very lucky to work under a CBA that had no medical premium deductions. Do the math, it cost me 62.00 a month in union dues to have what most people don’t have in the work place. Yes the Pension fund is going broke. We have questionable & some crooked leaders in the IBT. And most Unions are on the ropes. But I would do it all over again. So when I think of benefits other than wages, I think one would be hard pressed to find something better in the work place. Be safe out there. Von.
     
  12. ABFer

    ABFer Super Moderator Staff Member

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    Von, I have to agree with everything you say there but the trend for what we had to continue into tomorrow is not promising at the moment. For many years, decades even, we made gains and improvements in our contracts and we did well. Anymore it's, "What did we lose", and "What are we going to lose". I do not expect to see zero copay for our health insurance in the next contract. Not because I wouldn't vote 'no' to keep it but because Hoffa will not fight for it. After all, he and Ken Hall have permitted the employees at the most money making company (UPS Small Package) in the industry to start making copays for their healthcare in their latest contract. All I can say is, "Why?", I know that company survival is NOT the answer. So...why wouldn't they make us pay too?
     
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  13. Dracula

    Dracula Well-Known Member

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    Some part of the everyday work situation at non union Saia is better and some things, at union ABF, is better. This is what I know based on what I see. Saia is not the biggest nor does it try to be, but it does try to be the best managed. Based on the investors willingness to put their money,where their mouth is, Saia is a well run company with no union financial obligations to drag it down. You can expect the stock price to continue to climb. Saia closed at $35.50 and climbing while Arcbest closed at less than $20 and dropping. Don't expect that situation to change.
     
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  14. Dracula

    Dracula Well-Known Member

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  15. gearraker

    gearraker Active Member

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    I pay 12.00 a week for medical...not sure about family plan
     
  16. canaryinthemine

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

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    As I've said before, paying an insurance....."premium".....to your employer.....to maintain your health insurance,.....is probably one of the largest scams on working people going on today....

    What........SAIA is not large enough to negotiate a health plan with no weekly co-pay for their employees?.....or are they using that ....."co-pay"......to adjust their Labor costs.......like so many other companies do?

    You're not paying that "co-pay" to your healthcare provider,.........your employer is surcharging you ...to maintain your coverage. Money goes right back to your employer.

    If you get a pay raise,........does your health insurance "co-pay" coincidentally rise shortly thereafter? Have any say-so over that?

    I'm glad you guys get OT after 45 hours,.........but this is the 21st century, and if it wasn't for the transportation "quirk" in the Fair Labor Standards Act of 1938,.......you guys would be following Federal guidelines like every other business,.......and getting OT after 8/40.......Overtime is a "penalty" your employer pays for keeping your CDL li

    cense at risk longer than 8 hours,........ it's not a bonus......

    Apples to apples,........is SAIA's labor costs the same as ours,........ especially if they can use the " insurance co-pay" scheme to adjust labor costs?
     
  17. ABFer

    ABFer Super Moderator Staff Member

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    I don't know who started that healthcare co-pay but it should never have started and the notion that UPS Small Package has now joined the ranks of those who pay it gets my goat. You are right on the money, that is not the same as the co-pay or the doctor's visits where the care giver keep the money. So...why do the employers give it, than take it away? They should outlaw those co-pays and let the employer cut their employees' wages so they can see exactly what is happening.
     
  18. vongrimmenstein

    vongrimmenstein Well-Known Member

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    Yea, you are probably right. But the ABF employees have to demand & get something big to offset that cost. And I think ABF will say let em strike, for several reasons, one of them being they don't think they will. And I am sorry to say I agree. People today are not willing to sacrifice to obtain a great contract like they did 30 or 40 years ago. What is the saying? ‘no pain no gain’ von.
     
  19. BIG R GUY

    BIG R GUY Part time Coop Dispatch driver

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    30 years ago, probably 60-70 percent of ltl was unionized. Now, we are looking at probably less than 10 percent. If any of the remaining union companies went on strike, it would be the nail in our coffin. And the companies know this too....
     
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  20. Dracula

    Dracula Well-Known Member

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    I doubt that Saia is big enough to negotiate a no weekly co-pay, but, after 10 years of service, the company pays the basic insurance cost for you. You can debate how the company works the insurance game but all I know is I don't pay it.
    This from ABFER caught my eye.
    I don't know who started that healthcare co-pay but it should never have started and the notion that UPS Small Package has now joined the ranks of those who pay it gets my goat.

    UPS bought their way out of Central States, promptly changed the pension accrual formula to a flat $105 per year of service, and, if I am reading this right, is now charging a weekly insurance co-pay, where it didn't before? It looks to me that UPS knows that the union big wigs will never authorize another strike. As long as they give a little carrot, in any new contract, long term they are swinging that big stick upside the head of the union guys. It looks like "what brown can do for you" is turning into "what brown can do to you".
     
    Last edited: Oct 30, 2016
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