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Yellow | Fixing Pension Idea's ??

Ya think this might have been part of the problem?

LTL TRUCKING COMPANY BANKRUPTCIES & SHUTDOWNS 1980s
COMPANY HEADQUARTERS YEAR CEASED OPERATION NOTES
Admiral-Merchants Motor Freight Inc. St.Paul MN early 1980s only LTL operations closed
American Freight System Overland Park KS 1988 _
Bender & Loudon Motor Freight Akron OH 1989 _
Blue Line Express Nashua NH 1989 _
Boss-Linco Lines Inc. Buffalo NY 1982 _
Branch Motor Express New York, NY 1984 _
Brigg’s Transportation St. Paul MN 1984 _
Brown Express Inc San Antonio, TX 1988 subsidiary of U.S. Truck Lines
Campbell’s 66 Express Inc Springfield MO 1986 _
Central Transport Sterling Heights MI 1983 _
Central Truck Lines Inc. Tampa, FL 1989 subsidiary of U.S. Truck Line since 1965
Chippewa Motor Freight Inc. Eau Claire WI 1980 _
Clairmont Transfer Co. Escanaba MI 1985 _
Cleveland, Columbus, & Cincinnati Highway Inc. Cleveland OH 1988 subsidiary of U.S. Truck Lines
Commercial-Lovelace Motor Frieght Columbus OH 1985 _
Cooper-Jarrett Motor Freight Lines Inc. Orange NJ 1981 _
C.W. Transport Inc. Wisconsin Rapids WI 1988 _
Davidson Transfer & Storage Co. Baltimore, MD 1983 _
Eazor Express Pittsburgh PA 1983 _
Gateway Transportation La Crosse 1983 subsidiary of Maislin Brothers
Glendenning Motorways Inc. St. Paul MN 1983 _
Gordon’s Transports Inc Memphis TN 1983 _
Gross Common Carriers ?? late 1980s _
Hall’s Motor Transit Co. Harrisburg PA 1986 _
Hannibal-Quincy Truck Lines Inc. Quincy IL 1983 only LTL operations closed
Hemingway Transportation New Bedford MA 1982 _
Holmes Route USA Framingham MA? 1989 _
Horn’s Motor Express Inc. Chambersburg PA 1989 _
Illinois-California Express (ICX) Denver CO 1984 _
IML Freight Inc Salt Lake City,UT 1984 _
Intercity Transportation Easton MA 1980 _
Interstate Motor Freight System Grand Rapids, MI 1984 _
Johnson Motor Lines Charlotte NC 1980 _
Jones Motor Co Inc Spring City PA 1981 only LTL operations closed
Lee Way Motor Freight Inc. Oklahoma City OK 1985 _
Maislin Brothers Transport Ltd. La Salle, Que,CAN 1983 _
Mason & Dixon Lines Inc Kingsport TN 1984 _
McLean Trucking Co. Winston-Salem NC 1986 subsidiary of Meridian Express
Milne Truck Lines Inc Salt Lake City UT 1987 subsidiary of Sun Carriers Inc.
Motor Freight Express System York PA 1982 _
Murphy Motor Freight Lines Inc. St. Paul MN 1987 _
Mushroom Transportation Philadelphia PA 1986 _
Oneida Motor Freight Inc. Carlstadt NJ 1985 _
Pilot Freight Carriers Inc. Winston-Salem NC 1989 _
Quinn Freight Lines Brocton MA 1983 subsidiary of Maislin Brothers
Richmond Cartage Inc. ? 1983 subsidiary of Maislin Brothers
Rimes Trucking Co. Chardon OH early80s _
Ringsby Truck Lines Inc. Denver CO 1984 _
Smith’s Transfer Corp. Staunton VA 1988 purchased 1987 by American Freight System
Spector-Red Ball Dallas TX 1982 _
Sterling Transit Company Inc. Montebello CA 1989 _
Suburban Motor Freight Inc. Columbus OH 1987 _
System 99 Oakland CA 1987 _
Taynton’s Freight System Inc. Wellsboro PA 1985 _
T.I.M.E.-D.C. Inc. Lubbock TX 1988 _
Tose-Fowler Inc. Bridgeport PA 1989 _
Transport Motor Express Inc. Ft. Wayne IN 1980 _
Tucker Freight Lines South Bend IN 1983 _
Wilson Freight Co. Cincinnati OH 1980 _




LTL TRUCKING COMPANY BANKRUPTCIES & SHUTDOWNS 1990s
COMPANY HEADQUARTERS YEAR CEASED OPERATION NOTES
AAA Trenton NJ 1990 _
Allegheny Freight Lines Winchester VA 1990 _
ANR Advance Transportation Co. Milwaukee WI? 1998 _
Arrow Carrier Corp North Bergen NJ 1990 _
Atlanta Motor Lines Conley GA 1997 _
Bee Line Motor Freight Co. Omaha NE 1996 _
Be-Mac Transport Co St. Louis MO 1992 subsidiary of U.S. Truck Lines
Birmingham Nashville Express _ 1996 only LTL operations closed
Bowman Transportation Gadsden AL/Atlanta GA 1990 _
Brown Transport Corp. Atlanta GA/Charlotte NC 1990 Thurston Motor Lines bought 1987
Central Storage & Transfer Co. Harrisburg PA 1991 _
Charlton Brothers Hagerstown MD 1996 _
Churchill Truck Lines Inc Chillicothe MO 1994 _
Coles Express Inc. Bangor ME 1997 shut down, subsidiary of Roadway
Commercial Motor Freight Inc. of IN Indianapolis IN 1983 _
Edson Express Casper WY/Denver CO 1991 _
Fore-Way Express Inc. Wausau WI 1996 _
Friiedman’s Express Wilkes-Barre PA 1993 _
Holmes Freight Lines Omaha NE 1998 _
Hover Trucking Co. South Bend IN 1996 _
Hyman Freightways Inc. St. Paul MN 1997 _
Ideal Truck Lines Norton KS 1996 _
Inter-City Truck Lines Mississauga, Ont,CAN 1993 _
Interlink Freight Systems Toronto, Ont,CAN 1997 ex CP Express & Transport
Jones Truck Lines Inc. Springdale,AR 1991 subsidiary of Sun Carriers Inc.
Merchants Fast Motor Lines Inc Abilene TX 1997 _
Middlewest Freightways Inc. St. Louis MO 1992 acquired by Be-Mac 1992
Motorways Ltd Toronto, Ont,CAN 1993 subsidiary of Federal Industries
Nationsway Transport Services Commerce City CO 1999 _
North Penn Transfer Lansdale PA 1992 _
Penn Yan Express Penn Yan NY 1990 subsidiary of Consolidated Freightways
P.I.E. Nationwide Inc Jacksonville FL 1990 subsidiary of Olympia Holding Co.
Preston Trucking Inc. Preston MD 1999 _
Spartan Express Inc. Greer SC 1997 shut down, subsidiary of Roadway
Standard Trucking Co. Charlotte NC 1993 subsidiary of Sun Carriers Inc
St. Johnsbury Trucking Co Inc. St. Johnsbury VT 1993 subsidiary of Sun Carriers Inc.
Transcon Lines Los Angeles CA 1990 subsidiary of Olympia Holding Co.
Riss & Co. Inc Kansas City MO 1990 _
Willig Freight Lines San Francisco CA 1995 _




LTL TRUCKING COMPANY BANKRUPTCIES & SHUTDOWNS 2000s
COMPANY HEADQUARTERS YEAR CEASED OPERATION NOTES
A-P-A Transport Corp North Bergen NJ 2002 _
Alterman Transport Lines Opa Locka, FL 2003 _
Consolidated Freightways Corp. Vancouver WA 2002 _
Crescent Truck Lines Haywood CA 2003 _
Crouse Cartage Co. Carroll IA 2000 _
Guaranteed Overnite Delivery _ 2004 only LTL operations closed
H&W Motor Express Dubuque IA 2002 _
K&R Express Systems Blue Ridge IL 2004 _
Nussbaum Trucking Normal IL 2002 only LTL operations closed
Parker Motor Freight Grand Rapids MI 2004 _
Rudolf Express Bourbonais IL 2002 _
USF Red Star Newark NJ 2004 _
 
ROADY said:
Scrabble, I've been in your shoes. The difference is I chose a different path in life than you. I once worked for P.I.E. and they wanted givebacks from the Teamster employees. They started out asking for an ESOP plan (employee ownership bullshi-) voluntary of cause. When they didn't get the amount of Teamsters they wanted to give back their wages they started a campaign of harrassment on us who would not participate. When that didn't work they got our so called union to call for a vote on it ( YRC STYLE). I worked too hard for my pay and left after 10 years with them and started at the bottom at a Roadway terminal. 20 years later the same bullshi- at YRC appears with our unions backing and I left and retired. What I'm trying to say to you is sometimes you have to make hard decisions in your life to support your family, I did, maybe you have not and that is why it's miserable to go to work everyday. Don't blame retired teamsters for the problems occurring on the job now. We took many stands in our days and you guys would probably be better off now if you fought back a little harder against these givebacks. Good luck brother in the end we all are still Teamsters.
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Suppose you were not at a non-union truckline and there were three LTL trucking companies in your area. All paid the same pay rate. Your company decides to cut your pay 15%. Would you vote with your feet or would you just stick around because you are afraid to lose your job? The only thing holding people in this job is their time in the worthless pension.
 
Even if all the companies on that list would still be in business today, and contributing as usual, the pensions they paid into would still someday in the future fail and collapse. The payouts at the levels that were promised could not be maintained. All those companies would have to have a ever increasing number of new employees added to the 'pool'. No company can and will grow forever to out-pace the eventual 'pension pay-out wall'.
 
truckinus said:
Suppose you were not at a non-union truckline and there were three LTL trucking companies in your area. All paid the same pay rate. Your company decides to cut your pay 15%. Would you vote with your feet or would you just stick around because you are afraid to lose your job? The only thing holding people in this job is their time in the worthless pension.
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I can tell you from first hand knowledge that many people in many different fields have taken pay cuts in recent years. The messed up economy has a lot to do with the miserable conditions so many of us are dealing with currently.
 
Lazer said:
Even if all the companies on that list would still be in business today, and contributing as usual, the pensions they paid into would still someday in the future fail and collapse. The payouts at the levels that were promised could not be maintained. All those companies would have to have a ever increasing number of new employees added to the 'pool'. No company can and will grow forever to out-pace the eventual 'pension pay-out wall'.
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I agree with you 100%. I have long felt that too many (if not all) pension plans were nothing more than glorified Ponzi schemes destined to fail eventually.
 
mud said:
I worked at PIE in Albuquerque in 1982, back when they would work you as a casual just as long as they could and then never call you again.
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Mud, you've got more time in the sh**ter than most of the guys on this board have on the face of the earth!


 
mud said:
I worked at PIE in Albuquerque in 1982, back when they would work you as a casual just as long as they could and then never call you again.
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In the East you made seniority on your 16th day in a 60 day period back in those days. You could work casual for years just keeping track of your days and rotating among all the Teamster jobs around. Kept track of your days on each job just like you kept track of your hours for DOT.
 
Triplex said:
In the East you made seniority on your 16th day in a 60 day period back in those days. You could work casual for years just keeping track of your days and rotating among all the Teamster jobs around. Kept track of your days on each job just like you kept track of your hours for DOT.
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At the time I was working as a casual at Roadway as well. If PIE would of put me on full time I would of gone with them. As it turned out after PIE quit calling me, Teamsters Local 492 forced Roadway to put two casuals on full-time. And one of them was mud.
 
Freightmaster1 said:
Mud, you've got more time in the sh**ter than most of the guys on this board have on the face of the earth!


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Not necessarily. When I started my first trucking job out at Detroit Metropolitan Airport in 1973, who knows how many years Triplex (and a few others on here, to many to mention, ) already had in as a Teamster. Imo.
 
Triplex said:
At least when PIE went out there were still a few Teamster jobs around to go to. Little bit different today and definitely not getting any better. We lived in good times didn't we.
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Your right Triplex, we did live in good times. What I'm trying to say is if a current YRC employee is tired of getting screwed everyday and hates the working conditions and feels as if there will not be a pension for him when he retires, why stay. To some a YRC job is no better than any other trucking job. Go to another carrier or better yet a new career to better yourself and provide for your family. Being misrable going to work everyday takes years off your life. I'll collect my pension for as long as it lasts and then will start earning a living doing something else. It's horrible what's happening to all of us Teamster brothers working or retired. We all do not deserve what is being done to us.
 
ROADY said:
Your right Triplex, we did live in good times. What I'm trying to say is if a current YRC employee is tired of getting screwed everyday and hates the working conditions and feels as if there will not be a pension for him when he retires, why stay. To some a YRC job is no better than any other trucking job. Go to another carrier or better yet a new career to better yourself and provide for your family. Being misrable going to work everyday takes years off your life. I'll collect my pension for as long as it lasts and then will start earning a living doing something else. It's horrible what's happening to all of us Teamster brothers working or retired. We all do not deserve what is being done to us.
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One of my happiest days was when Roadway put me on full time. I went round and round with their supervisors and terminal managers for years but would still be there if not for the buyout and merger.
 
YRCW should focus more on re financing loans on paying the CSPF as they do on re financing loans for the company then turn around and give themselves a bonus with the savings

Sent from my SAMSUNG-SGH-I317 using Tapatalk
 
mud said:
I worked and delivered freight all around Albuquerque and the surrounding areas for 28 years. I've never lived in Albuquerque. For the past 27 years I've lived in Jemez Springs, 50 miles north, population about 350. The story you read is just another story about the getting more crazy world we live in.
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Albuquerque and surrounding areas are a very nice place to live. Pretty much nice weather all year round. One of the first things I noticed here was how much better people get along ( not perfect ) as compared to se Michigan (Detroit ) where I moved from. The population of the entire state is under three million. The population of Albuquerque is about 500,000. Not bad for an urban area.
 
mud said:
Albuquerque and surrounding areas are a very nice place to live. Pretty much nice weather all year round. One of the first things I noticed here was how much better people get along ( not perfect ) as compared to se Michigan (Detroit ) where I moved from. The population of the entire state is under three million. The population of Albuquerque is about 500,000. Not bad for an urban area.
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Not passing any judgement mud, just providing more information.

Albuquerque Really Is Like 'Breaking Bad' | TIME.com
 
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