www.freightwaves.com
Last week on 07/12 Yellow offered the SAME contract $$ that was just ratified by ABF last month and OBrien said NO not enough. The only difference was the first year increase was $2.15 instead of the $3.50. The total was $11.00 increase for the next 5 years, split anyway the IBT wants, pay, H&W and pension. Interesting how this was not mentioned in the recent conference call by the IBT. Obviously OBrien does not want to keep Yellow open. He is willing to show the industry he is tough and sacrifice 25,000 jobs.Yellow blames Teamsters for liquidity crunch, union barks back
Less-than-truckload carrier Yellow Corp. says it’s the union’s fault for its cash-strapped predicament.
