At the end of the day, it all boils down to if you believe what our Union officals are telling us or not. They have been to all of the meetings, the books are open for them, we elected them to represent us. They believe if we don't vote yes, YRC will close. There will not be a second offer. YRC's line of credit expires 10/31/10. YRC has secured a new line of credit, dependent on the passage of this agreement. This was stated in our local meetings by both our local preident, and yesterday by our steward. I don't like the agreement either. But I don't think we are in any bargining position to say no either. "You got to know when to hold'em, and when to fold them". We can come back on a day when we have a stronger position. 1983 I was at Ryder/Pie and went through that mess. I dropped 80 spots, and was laid off. But then, I went across the street, because everyone was union, at the time. There isn't anyone left to go to,"across the street". If YRC fails, the pension libelity falls on ABF, which will crush them, too. If we can't organize other truck lines and bring them up to our standards, we are forced to give up, in order to compeat.
So who do you believe?