Unfortunately to have a full reduction of wages across the board in this Industry (LTL) , it was decided that the largest Union entity will have to lead the way.
All nons and smaller Unionized companies will follow behind our lead. In some ways if you look at the purchases of all the companies by Yrc it only made it easier for this to happen , you can say the same when it came to contract negotiations and the power leveraged by having all of the big four in one basket.
Folks this I believe has been planed long ago even before the recent financial times , I say this because so many of these CEO's run in the same circles as do the bankers and labor leaders at the highest levels.
This might not be to break the Union but to let those in the Unions lead the way as we always do , look at the last contract what did we really get different from what we had? Not much in some ways we went backwards allowing inroads to lower standards for all companies not raising as in the past , that is why nons make what they do which is not much less then we do in the bigger companies.
This is a done deal most of us already know that , just as the UAW will follow along and take reductions setting standards in that industry to nons that build the foreign cars in the U.S.
You can look at any industry and any trade and you will see this occurring soon , but to do so to RESET wages in this country to be "EQUAL" to the rest of the world captains of industry and there allies in politics from both partys needed pre fabricated cause to justify those reductions.
That is one of the reasons if you broaden your scope and look at all of the things that have happened this last year and how fast it all occurred, from the housing mess that was caused by various reasons including government figures who new full well what kind of mess they were creating but chose to force the lenders to lend to those who in all right were ineligible , to the high energy costs that drained all expandable cash reserves and put the vast majority on a footing were they would be more willing to except things they would otherwise not , also the high costs in energy forced cut backs and layoffs let alone driving up the cost of every thing. Once again forcing us to make decisions to go alog with things we otherwise would not.
This is some of the reasons I say this has been pre enginered long ago , we allways say follow the money right? Well say this also follow the trail of what boards all of these people sit on and how many sit on multiple boards at once.
Conspiracy maybe but think of why YRC got the funding to buy the companys that they did , and the fact that they are still pouring cash into the non entitys and growing them.
