Holland | Hope this is accurate proposal from YRC board

the5tolls

Wait till 2024....we'll show em!
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New info on contract from TDU


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November 25, 2013: On November 20-21, YRC negotiators presented proposals to the Teamsters Freight Division for a five-year contract extension. While they are not proposing any wage cuts, they are asking for other concessions.

Reports indicate that YRC’s proposals include these:

Continued annual wage increases in 2015 and beyond, but with no increase in 2014.
Overtime pay after 40 hours per week, instead of after 8 hours.
Change H&W language so that a partial week of work will not pay for a full week of H&W coverage.
Work rule changes, including outsourcing some maintenance and use of outside contractors for certain road work.
Reportedly the IBT Freight Division has not agreed to anything yet, and talks will continue.

YRC management is firm that they need to get an extension with labor cost savings in place soon to be able to re-finance their substantial debt in order to lower interest payments and keep the company on track.

One question that comes up is why can’t YRC negotiate with the banks and the Teamsters simultaneously, so that the banks – who want YRC to keep making payments – could agree to refinance terms at the same time as IBT negotiators agree to submit a contract extension for a vote.

YRC CEO James Welch is taking the case to members, with a DVD mailed to every Teamster’s home. Reportedly the company will follow that by creating a website for Teamsters to access information and the company’s viewpoint.

The IBT constitution requires a majority vote of approval by the 26,000 YRCW Teamsters for any contract extension. Members should have a chance to discuss and evaluate any proposal before it is mailed out for a vote. TDU will continue to post information as it becomes available.

Issues:
Freight

- See more at: YRC Presents Contract Proposals to Union | Teamsters for a Democratic Union
 
Why on earth would you hope that is an accurate proposal? I'm not trying to be rude just trying to understand where you are coming from.
 
Why on earth would you hope that is an accurate proposal? I'm not trying to be rude just trying to understand where you are coming from.

I would think that he is hoping that what TDU posted is accurate and everything else is rumor.. Doesn't read to me that he likes it..
 
LTLwroker: I posted another proposal a couple of days ago that was incorrect, I had also gotten it from the YRC board and I felt bad the I might have misled some guys by posting incorrect information, what I meant was just that I hoped this information is accurate and I am not misleading anyone! I am definitely voting NO, this is a pile of crap and they are out of their minds if they think this is going to fly. I hope that makes sense to you?

Why on earth would you hope that is an accurate proposal? I'm not trying to be rude just trying to understand where you are coming from.
 
They could pay down a bunch of the debt if they were willing to eliminate the massive bonuses that the big boys receive. They are the idiots who call the shots and are running the company into the ground, so they are also the ones who should be sacrificing. IMO, it will still get a yes vote.
 
NO WAY!!!! i made more money 10 years ago than i make now and u want to take more??? holland needs to get out of the "YRC" umbrella

AGREED!

:6792: Welch and cronies!
Sell off or some other form of cut loose from YRC garbage truck(ing)
Same Welch family that "roont" HP Welch years ago.. that gene pool used as a public toilet!
 
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