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ABF | ABF-Teamsters Contract Negotiations Update 4-19-13

papajohn said:
I love this line.

At the end of the day if a company goes out of business because a union will not help cuts costs, the drivers and dock workers loose as very few have skill sets that will transfer to a different industry other than freight.

Can you feel the love and respect!!!1
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What's that, off the round table or something?
 
Just give us a decent contract already then they can start their COO and quit losing money.
 
If I may...? once again, any reasonably competent accountant can produce any result you pay him to find. ABF's "losses" are qualitive.....AS COMPARED to other companies, ABF is losing money......Yes, ABF is reporting differing "loss" amounts....one figure to the SEC,... and another to the employees...When there is so much propaganda in the air, you start looking for actions instead of words and figures. Are ABF executives, middle management, and sales force leaving ABF? CEO's always desert a failing company, usually taking their favored management team with them. There's no loyalty at the CEO level...it's all about chasing the dollar. I don't see Ms. McReynolds packing up her office furniture and calling U-Pack,..I don't see Mr. Slagle sticking a "For Sale" sign in front of his Fort Smith home,....nor do I see a sell-off of preferred stock...always a great indicator of trouble....by ABC corporation investors. So.....the actions speak louder than words. As far as figures go, I've asked on the InfoRoundtable, if ABF,...claiming that their pension costs are 14 times higher than the "competition", ..and that they're "paying for people who've never worked for ABF"..........if ABF has sent any sort of extra money to any of the 25 individual pension funds that they deal with,...OVER AND ABOVE what they've negotiated.....and budgeted for....over the last 5 years. In a roundabout, and grudging sort of way, InfoRoundtable has admitted there is no extra money going to any pension fund............SO,.....are they trying to twist figures to terrorize the gullible? The Gullible would say "No".....So would those already terrorized....so are the spineless who are "Happy to just be working". The shareholders are counting on those groups to help make them rich. Ms. McReynolds and Mr. Slagle, et al.......are also counting on those groups to grow into a majority,....or, just like Mr. Davidson after the beg-back, they will lose their jobs.........(of course he "retired"....the Board of Directors gave him that option...)
 
Its real hard to reach a 130 hour in the winter here at 261 have all most nine years in and still the 10 percent bid is all i can get the way it is now even if i dont work with that bid i still have ins
 
STD318 said:
Did anyone honestly expect anything different from this company? And hey look it is only 6.5% of our wages.
That is better than the 15% that YRC took. And also it is only $240 a month towards our health care.
That is still better than the not having pension contributions like YRC.
Just give it a month and the union will be telling us to take it because we still have it better than YRC.

Anyways good luck to everyone in there new job searches because once our benefits are gone it is not
worth working at this place anymore.
City drivers 60 hrs a week and miss dinner with there families and all there kids events get told how great we
Have it because of how much money we make.
Road drivers who run there ass off in our slow ass trucks and spend every other day in a hotel bed
instead of at home with there wifes also get told the same thing.
How many times have you been told that we are the highest paid workers in our industry
And that we are also the best workers in our industry?

Well f@#% that. Take away our pay and benefits and it is not worth it anymore.
Isn't a happy work force a productive work force?
Does anyone know a happy YRC employee?
Four years of cuts and give backs and they still are losing money. Do you think it will be any different here.
I said it there and I will say it here close the doors.
Vote no.

Have a nice weekend and get out your calculators and try to figure out how many more hours you will need to work to off set any wage reduction we will take.
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funny i was saying that the other day to some of my freinds and co workers, i have yet to ever see a happy yrc driver. EVER!
 
GO40 said:
Did you ever think she was givin those shares...Her calculated compensation for 2012 was $945,386 (bloomburg businessweek) & they want a $240 health care donation? For what? Pay for panther....
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Well Judy didn't become the CEO untill 2010 and that is when she began getting stock. The stock price was just about where it is now, so she didn't loose anything first off. Judy stands to make a hell of alot of money if she and Roy can get these concessions passed. Now just think about what the stock will rise to if we sign a contract with concessions.
 
Stoney said:
Dude, its obvious you are. Ok big guy, take a stand! Yaaaawwwwnnnn.

Wasn't you that said yrc has no problem with damaged freight, and don't care paying for the damage? And that the costumer doesn't care either? Business sense?
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I never said that yrcw's attitude towards part timers and claims were good business sense. Nor did I say the customer doesn't mind. I was stating managements attitude to the immediate bottom line of using $14 per hour dock workers. As far as who I vote for, that's the problem with right wing nuts and left wing lunatics. You ASSume that if I don't vote for one I will vote for the other. And if your side doesn't win, that means you haven't gone far enough to the side. Here is a dose of reality. This country is in the middle. The majority of the middle class doesn't care for either side of you nut jobs. That is why this country is so divided. Nobody is running or governing from the middle. We came close with McCain and Libermann but that is about it. I'm a 4th generation teamster, gun owning, struggling middle class father of 2, pro choice, disabled vet of a foreign war. So tell me smart ass, who did I vote for.
 
yrc-atm said:
I never said that yrcw's attitude towards part timers and claims were good business sense. Nor did I say the customer doesn't mind. I was stating managements attitude to the immediate bottom line of using $14 per hour dock workers. As far as who I vote for, that's the problem with right wing nuts and left wing lunatics. You ASSume that if I don't vote for one I will vote for the other. And if your side doesn't win, that means you haven't gone far enough to the side. Here is a dose of reality. This country is in the middle. The majority of the middle class doesn't care for either side of you nut jobs. That is why this country is so divided. Nobody is running or governing from the middle. We came close with McCain and Libermann but that is about it. I'm a 4th generation teamster, gun owning, struggling middle class father of 2, pro choice, disabled vet of a foreign war. So tell me smart ass, who did I vote for.
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Obama. ........
 
GO40 said:
Did you ever think she was givin those shares...Her calculated compensation for 2012 was $945,386 (bloomburg businessweek) & they want a $240 health care donation? For what? Pay for panther....
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From the prospective of an ABF shareholder for whom management answers to, why does should our premium healthcare have priority over areas of growth of a company that has lost 160 million the last five years? For instance, the purchase of Panther.
 
GO40 said:
Did you ever think she was givin those shares...Her calculated compensation for 2012 was $945,386 (bloomburg businessweek) & they want a $240 health care donation? For what? Pay for panther....
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From the prospective of an ABF shareholder for whom management answers to, why should our premium healthcare have priority over areas of growth of a company that has lost 160 million the last five years? For instance, the purchase of Panther.
 
nothumbleenough said:
From the prospective of an ABF shareholder for whom management answers to, why should our premium healthcare have priority over areas of growth of a company that has lost 160 million the last five years? For instance, the purchase of Panther.
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Also don't forget 66.1 mill of that lost was a nocash good will impairment. The real lost was not that bad under 100 mill. FORT SMITH, Ark., Jan. 28 /PRNewswire-FirstCall/ -- Arkansas Best Corporation (Nasdaq: ABFS) today announced a fourth quarter 2009 net loss of $88.7 million, or $3.54 per share. These results include previously disclosed charges for non-cash goodwill impairment of $2.55 per share and supplemental pension settlements of $0.11 per share. Excluding these charges, Arkansas Best had a fourth quarter 2009 net loss of $22.1 million, or $0.88 per share, compared to a net loss of $11.0 million, or $0.44 per share, in the fourth quarter of 2008.

Arkansas Best Corporation Announces Fourth Quarter and Full Year 2009 Results -- FORT SMITH, Ark., Jan. 28 /PRNewswire-FirstCall/ --
 
stoney abf and ye;;ow and roadway were all askin for relief of healthcare cost way before obama ..and yes he is like all politicoooos they suck up to get your vote...and if you think the other morons runnig would give a shizzbit about you or me then you have been drinking the koolaid..and i did vote for obama not because the teamsters told me to but i had eyes and ears and listened to what the first set of idiots ..palin..and mcain said ...then i listened to the next guy u know the millionaire who wants a 500thou a year job so much he has been running for like 12 years tell us he could give to craps about half the country...and u think obamas bad lol ...
 
What they aren't saying is what is already agreed on. ABF wants to go to flex board where more than 10% would be not gaurenteed. According to the teamsters press release progress has been made on these issues. ABF want increased sub contracting both road and local. How many people will fall under 130 if some of these have been agreed to? Been through this many times and neither side will put out the truth. I miss the days when every three years we could be sure of an Aptil vacation a little time around the burning barrels a little harassment a few beers with the gang!
 
bigcatabf said:
stoney abf and ye;;ow and roadway were all askin for relief of healthcare cost way before obama ..and yes he is like all politicoooos they suck up to get your vote...and if you think the other morons runnig would give a shizzbit about you or me then you have been drinking the koolaid..and i did vote for obama not because the teamsters told me to but i had eyes and ears and listened to what the first set of idiots ..palin..and mcain said ...then i listened to the next guy u know the millionaire who wants a 500thou a year job so much he has been running for like 12 years tell us he could give to craps about half the country...and u think obamas bad lol ...
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Obama passed Obamacare, premiums are rising because of Obamacare. The rest of us are having to pay for the Marxist you voted for.

Romney was far from perfect, but least he knew what needed to be done to have a successful economy. Where into the 5th year of your guy, and the economy still sucks.

Buddy, you not only drank the koolaid but you're strung out on it.

Palin? Did you really listen? She was dead on with the Death Panels claim.
 
Stoney said:
If they have the freight and work, then they have no choice. You're saying they would be willing to cut freight and their own throat to not work drivers 130hrs, when they actually make more money by getting the freight and paying the health&welfare benifits.

The best you can up with is another conspiracy?
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They will sit people home and force overtime. You are linehaul with a bid start time.You have no idea what will be done to dock and p&d workers. They can also screw with extra board linehaul drivers, say. give them a mini and send them home. You have said before.that you got lucky with getting a bid. If you ever had to suffer on the extra board you would understand. They will screw with the hours you work. No conspiracy here.......just years of being on the extra board and knowing what management will do. For someone who is ex roadway....you should know this,but maybe you were lucky at roadway too.
 
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