ABF | Arcbest for sale?

[Triplex]

We both know Stimpy, Yellow WAS like 7up. They never had it and never will…..

Never drink cola. If no brew is available then 7-Up or Sprite will do.

 

[Puff Driver]

I did run against him for HOA chairman. But, Blade had Puff run as an Independent to pull votes away from me. That Blade is a politically savvy bastard!!!

Thank you for thinking of me.

 

[upnorth]

In no particular order-
TFI just spent 1.1 billion dollars on Daseke, a flatbed conglomerate. That sale doesn’t close until Q2 of this year.
A purchase of Arc Best would likely be over 5 billion dollars. The market cap on just the stock is over 3.3 billion. Then there’s property and equipment and business value.
Finally just IMO- look how well the Yellow acquisition of Roadway, Holland etc went. They had a plan to be the biggest LTL in the world and they could never “realize” all the supposed cost savings. Where are they now? Bankrupt.

Transforce operates all the companies they buy independently. The don’t merge them.

 

[Steward of the Rock]

Transforce operates all the companies they buy independently. The don’t merge them.

YET!!!
No freight company ever merged other freight companies that they had purchased, until they did!!!
I seem to remember that when Yellow purchased Roadway, Holland, New Penn, and Reddaway that Zollars plan was to run them independently as well!!

 

[Puff Driver]

Drivers at 10 Roads Express in New Jersey and Colorado Join Teamsters

(WASHINGTON) – In two separate elections, 126 freight drivers at 10 Roads Express in Newark, N.J., and Commerce City, Colo., have voted to join the Teamsters

teamster.org

Larry

Since you brought up recent organization successes...

Teamsters out at Southern California trucking company; other votes mixed

Teamsters members at Dependable Highway Express in Southern California have ended the union’s representation at the carrier.

www.freightwaves.com

 

[Larrythethird]

Larry

Since you brought up recent organization successes...

Teamsters out at Southern California trucking company; other votes mixed

Teamsters members at Dependable Highway Express in Southern California have ended the union’s representation at the carrier.

www.freightwaves.com

Dang it decertified without a vote, now if these guys take a day off before or after a holiday good luck getting holiday pay lol

 

[Rounding3rd]

Just read 35,000 carriers closed last year, how many were union 5? So 34,995 non-unions must have closed

 

[OnPoint44]

Just read 35,000 carriers closed last year, how many were union 5? So 34,995 non-unions must have closed

Some people always choose to ignore this

 

[Larrythethird]

Just read 35,000 carriers closed last year, how many were union 5? So 34,995 non-unions must have closed

But it’s all the Teamsters fault that all those carriers closed…. LOL

 

[Dick Dastardly]

Larry

Since you brought up recent organization successes...

Teamsters out at Southern California trucking company; other votes mixed

Teamsters members at Dependable Highway Express in Southern California have ended the union’s representation at the carrier.

www.freightwaves.com

There’s that “non profit” charity at work again, the National right to work foundation.

 

[ABF381]

What a surprise, that douche Freight Zippy was right there in the comments...

 

[Hookman]

What a surprise, that douche Freight Zippy was right there in the comments...

Me thinks his wife ran off with a Teamster and moved to the Bahamas.......

 

[Puff Driver]

Just read 35,000 carriers closed last year, how many were union 5? So 34,995 non-unions must have closed

How many LTL carriers were there in that group of 35,000 carriers..

Try to keep up....

 

[Puff Driver]

What a surprise, that douche Freight Zippy was right there in the comments...

I guess I live in your head rent free... are you always this easily triggered?

Take it easy.... Have fun..

 

[Puff Driver]

Some people always choose to ignore this

If we were making an accurate comparison, you are correct. That data is not to be ignored.

But those 35,000 are almost entirely FTL Carriers except for Yellow which was the only major LTL Carrier to shut down in 2023.

 

[Swingwide]

Not looking like a COLA raise for 2024. The index will have to go up 2.648 points for April to achieve the 309.150 necessary to reach that first nickel raise. It may happen, but not likely.

I’m still confused how they figure that. So if it only goes up a certain amount we don’t get anything?

 

[gman23]

I’m still confused how they figure that. So if it only goes up a certain amount we don’t get anything?

We will get a 3%ish raise at 0.75 cent. COLA is to give us a correct raise based on the inflation % number given by the government if higher than 3%.

Example: If inflation is at 10% and you only get a standard 3% yearly raise. You’re now working for less even though you got a raise.

 

[ABF381]

I guess I live in your head rent free... are you always this easily triggered?

Take it easy.... Have fun..

Nah you don't bother me, don't give yourself too much credit.....that wasn't a hard guess to know it was you though....your hatred of the Teamsters consumes you....I know when I retire I won't be posting on multiple forums spewing hate...I will be doing enjoyable things
..

 

[steercrazee]

Some people always choose to ignore th

But it’s all the Teamsters fault that all those carriers closed…. LOL

A lot were mom and pop carries and a lot of small companies and owner operators. Regulations and prices are destroying them. They don't have the money of the mega companies to keep a float when crap happens. That's why we are all working for a bigger company to hopefully assure we keep a job.

 

[Steward of the Rock]

I’m still confused how they figure that. So if it only goes up a certain amount we don’t get anything?

The April 2023 CPI-W (297.730) plus 3.5% would total 308.150 for April 2023. For every 2/10ths of one percent the CPI-W is above 308.150 in April of 2024, it is a one cent raise. But, it is only payable if it equals a minimum of five cents in a year. So, in order for us to get the COLA raise, the CPI-W would have to reach 309.150 or higher in April of 2024 to reach the five cent minimum. Then, every 2/10ths of one percent it goes above 309.150 is an extra one cent raise.