Trucker ABF, Teamsters in Concession Talks | Journal of Commerce.. I THINK MANAGMENT SHOULD TAKE THE FIRST CUT... THE COMPANY HAS BEEN HITTING THE LABOR FORCE AS LONG AS I HAVE KNOWN, WITH THE BOTTOM GUYS ON LAY OFF STATUS EVERY TIME IT SLOWS DOWN WITH BILL COUNTS, GIVING UP 1 TO 3 DAYS A WEEK, WITH A REPORT BACK ON YOUR START MONDAY.... WHAT HAVE THE PEOPLE IN MANAGEMENT GIVEN UP? ANYONE KNOW? LOOKING TO BUY AGAIN WITH YOUR HARD EARNED GIVEBACKS...
A lot of time on your hands? Apparently so. I do not have a finance degree, but 14M in the Red is losing money, 14M in the black is making money. I just don't understand why folks with your mindset thinks they are 'cooking the books' just to show a loss so that they can get consessions. Ever heard of Merdoff? If that is happening, then someone would go to jail for that kind of thing. Wake up folks! ABF is the only carrier w/o some type of concessions and had better take notice.Get over it! Some of you guys are looking to see what is available to start trouble. ABF is still making money. I know what they report but it is good business. If they ask for concessions JUST SAY NO. Quit stewing over the what if's.
must be a lot of sugar in them JellyBeans!How about that great signing bonus in lieu of a raise in 2003 (OR WAS IT 1998). In reality that was already about a 2% cut over the last 5.5 yrs at least. Why would the IBT agree to anything for the life of the contract when things are starting to turn somewhat. IMO if anything is agreed upon it should be revoted on at least yearly. When the economy improves or GOD forbid YRC doesn't make it, there'll be plenty of work and profitability will follow. Profit sharing plans are to easy for management to manipulate. Equipment purchases, terminal make-overs, or even upper management bonuses can greatly effect the bottom line. This would all be paid for by money due you for your hard work. All the extra money that's made on residential deliveries, inside deliveries, turn-keys and more are made with no extra compensation to the drivers for their extra work.
I'm not saying a fair agreement can't be reached, but starting at 10-15% right off the bat isn't fair.All we'll be doing is continuing to drag down the wages of the entire industry. Remember, If they don't get what they want the first time our leaders in Washington will always let them vote again (remember New Penn). Don't let the CAR SALESMAN sell at his first price. NEGOTIATE
A lot of time on your hands? Apparently so. I do not have a finance degree, but 14M in the Red is losing money, 14M in the black is making money. I just don't understand why folks with your mindset thinks they are 'cooking the books' just to show a loss so that they can get consessions. Ever heard of Merdoff? If that is happening, then someone would go to jail for that kind of thing. Wake up folks! ABF is the only carrier w/o some type of concessions and had better take notice.
Obama cannot help us, Little Hoffa can't...it will be the rank and file that save this company, and something has got to give. We can't continue to be the highest priced carrier. So, how about some needlepoint instead of financials?