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  1. #1
    Having Fun Now

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    Default Trucker ABF, Teamsters in Concession Talks

    JOC Staff | Nov 17, 2009 3:17PM GMT

    Carrier expects to win wage concessions similar to givebacks at YRC
    Anaheim, Calif. --
    Less-than-truckload carrier ABF Freight System is deep in talks with the Teamsters union to win concessions similar to those the union gave financially troubled competitor YRC Worldwide, including an overhaul of the company’s pension system, the carrier said.

    “We are in a dialogue with the Teamsters and hopefully we will reach an agreement soon,” ABF Chief Operating Officer Wesley R. Kemp told reporters Monday at the annual Transcomp and Intermodal Expo.

    Kemp said the carrier expects to win wage concessions similar to the givebacks that lowered wages some 15 percent at YRC, the nation’s largest LTL operator. ABF also wants to restructure the company’s pension system by switching to a profit-sharing arrangement to match the savings YRC is gaining from an 18-month hiatus from contributing to the driver pension plan.

    The agreement between the Teamsters and YRC negotiated a couple of months ago, said Kemp, “was just too great a difference to ignore” between the cost structures at the country’s only large unionized LTL carriers
    Trucker ABF, Teamsters in Concession Talks | Journal of Commerce

  2. #2
    THE MIDGET SMASHER

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    Default Re: Trucker ABF, Teamsters in Concession Talks

    I don't really care my vote is still NO!

  3. #3
    Taking A Stand!!!

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    Default Re: Trucker ABF, Teamsters in Concession Talks

    I think Wes Kemp is comparing apples to oranges. ABF is not in the same boat as YRC. I think he is just jumping on the wage cut band wagon now! But then it doesn't help the situation when you have companies like Conway doing everything they can to steal everyones business. I am so fed up with the whole situation. I feel so bad for all the guys at YRC but I also feel bad for us ABFers who have been out of work for a long time now too!

 

 

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