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Teamsters tell Yellow no more purchased transportation
The Teamsters union fires another shot at Yellow Corp. in a battle over proposed changes to operations.
www.freightwaves.com
Yellow | Teamsters Tell Yellow No More Purchased Transportation
- Thread starter Kennesaw Kid
- Start date
www.freightwaves.com
"Yellow (NASDAQ: YELL) and other LTL carriers use purchased transportation to solve for capacity shortfalls within their networks. The process is typically deployed in linehaul operations and involves the use of outside truckload fleets or intermodal rail service to move shipments longer distances."Teamsters tell Yellow no more purchased transportation
The Teamsters union fires another shot at Yellow Corp. in a battle over proposed changes to operations.
The "capacity shortfalls" are the direct result of Senior YRCW, now Yellow, management's decisions to reduce pay and benefits since 2009. Substandard wages and benefits have resulted in their inability to hire Teamsters sufficient for their operational needs.
Now this farce of an MRCOO is attempting to alter the duties of drivers, in direct violation of the current contract.
ABF was offering $10,000 sign on bonuses not too long ago. Seems it was an industry wide problem, not just Yellow.
At least ABF has the money to pay
But that wasn't the point of the original post.
Your right, but how can Yellow pay to fly drivers all over the country with their present balance sheet?
In Chicago, they put a couch, with seat belts on the last 5 ft of trailer, and take them to destination terminals.
Do they use load bars to make upper berth couches?
Which is the most asinine thing I've seen in a very long time
They are paying flight, rental car, hotel and the time you are flying to the point you check in and then another $50-$150 on top of each day plus the $40 daily for food? Come on workers are coming back with ~$2000-$2500 take home paychecks but you cant give a raise to attract and retain drivers? We need IBT to fight a good contract for us big time.
Puff Driver
TB Veteran
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Why doesn't Yellow study what ODFL does and follow that model? Obviously the way Yellow operates is not working. The company is constructed with debt, what they have is unsustainable.
They are backing off of their plan to improve yield, which means they are more worried about tonnage than profits. Further deepening the the hole Yellow is in.
Oh really like looking for any reason to fire drivers after they turn 50 or have more than 2 weeks vacation. Go on FMLA they fire dump you the day after the 12 weeks is over.
Is a fire dump like when you eat spicy food then go to the bathroom later?
You think I'm joking we just had a guy come over from XPO needed more time to recover off on FMLA they just cut off his benefits no longer employed has to reapply.
Yes we are getting the older ODFL, FEDEX, ESTES etc workers coming to yellow lately too.
The solution is to find Doc Brown's DeLorean and go back to 2003. And have Staley tell $bill to go frig himself.
grimreaper
caddy
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ABF pays 100% into the pension
Of 2018 contribution rate it's not full pension! Like Yellow pays 25% of 2009 contribution rate.
