Page 1 of 3 123 LastLast
Results 1 to 10 of 24
  1. #1
    Getting In The Groove Now.

    Join Date
    Dec 2008
    Local Union
    728
    Employer
    USF Holland
    Location
    USA
    Posts
    46
    Rep Power
    116

    Default Poor negotiating by the IBT

    Why would the IBT ask us to take a 10% wage cut just because YRC says that is what they have to have?The IBT member at our hall today didn't even know how much debt YRC has.But yet he's willing to try his best to talk us into voting,YES.The IBT Official knows that we will be giving YRC $250 million a year for a total of $1 billion dollars.That is enough to pay just about every single penny that YRC currently owes.
    Why should the Union Members be responsible for paying their entire debt,whenever a 10% reduction would force a good deal of Teamsters to file for bankruptcy?
    I asked the IBT Official if there was any discussion about the big multi million dollar salaries cutting their pay down to something resonable such as $300 to $400,000 a year.He said that they had nothing to do with that.The IBT sure could have told them that whenever they got serious and did this,then come back to the table for our members help.Until YRC gets serious about helping themselves out of debt the IBT shouldn't have discussed concessions at all.
    Do you realize that even if its voted in,we still don't have any more job security than you do if its not voted in.The IBT should have negotiated some sort of agreement by YRC that if the company is sold before then,that they have to pay us retro to the date we took concessions.Also there should of been an agreement that YRC decided to close the doors at anytime within the next 6 or 8 years,that all of that money had to be re-paid to us.As it stands if this is voted in YRC would have their bills paid off by us in 4 years.If YRC wanted too,they could sell the company in 4 1/2 years and 100% of the price would be profit for the stockholders including Zollars because all of their debt was paid by us.Another senario.It gets voted in,we pay off YRC's debts,then 4 1/2 years from now they just decide to close it down and sell of all of the assets?Again,the stockholders will be laughing at us all the way to the bank.
    This clearly shows me that the IBT isn't thinking about our best interest because their is nothing in the proposed agreement that protects any one of our jobs.But yet we are suppose to pay $1 Billion dollars of YRC's debt for them.
    I really think that we need to send them back to the negotiating table.I'm telling you,this is just like buying a car.There is always room for further negotiations.But they don't need to drag their feet in the negotiations.

  2. #2
    Fish Hard Die Happy

    Join Date
    Dec 2007
    Local Union
    707
    Employer
    Roadway
    Location
    NY
    Posts
    1,557
    Rep Power
    265

    Default Re: Poor negotiating by the IBT

    Why do you start this thread when you posted almost word for word in another thread? To make a quick response because my other response was lengthy,
    just like buying a car
    The UAW has said they will do whatever it takes to keep the auto industry afloat. Their problems are as bad or worse than ours. If they tank, I foresee many trucking companies closing down, including nonunion. I don't care what you hear in the streets from nonunion drivers boasting how they can't wait for us to close. That's because everyone's numbers are down, and us closing will be more security for them. How often does a Fedex driver tell you he doesn't get his full 8 for the day or 5 for the week? It happens because there is no freight out there. No one is spending any money therefore no one has to keep inventory replenished. It's a vicious cycle, and we just need to weather the storm. I was at first totally against YRC's position. Sure I'd love to see the Big Wigs kick back at least 1/2 or 2/3 of their salaries. H E L L they can afford it, and we all know it. The point is, for better or worse, we are all in this together. If you were on a ship and you didn't like the way the captain ran the ship, what choices do you have? Mutiny? Jump ship in the middle of the ocean? In either case, you'd probably die. Roll with the punches, it will hurt a lot less.

  3. #3
    axlethedriver
    Guest

    Default Re: Poor negotiating by the IBT

    i like to have a couple different takes on this.

    the word coming from newspaper sources near the corp office stated a 2.3 % cut.

    but my feelings were they were asking for cuts in benefits and that the union came up with 10% across the board to pay for benefits to retirees and no cuts.

    i see zollars is talking with the obama camp about taking the retirements from anyone not directly related to yrcw and handing them over to the government

    oh well just my 2cents

    axle

  4. #4
    axlethedriver
    Guest

    Default Re: Poor negotiating by the IBT

    Quote Originally Posted by Animo View Post
    Why do you start this thread when you posted almost word for word in another thread? To make a quick response because my other response was lengthy, The UAW has said they will do whatever it takes to keep the auto industry afloat. Their problems are as bad or worse than ours. If they tank, I foresee many trucking companies closing down, including nonunion. I don't care what you hear in the streets from nonunion drivers boasting how they can't wait for us to close. That's because everyone's numbers are down, and us closing will be more security for them. How often does a Fedex driver tell you he doesn't get his full 8 for the day or 5 for the week? It happens because there is no freight out there. No one is spending any money therefore no one has to keep inventory replenished. It's a vicious cycle, and we just need to weather the storm. I was at first totally against YRC's position. Sure I'd love to see the Big Wigs kick back at least 1/2 or 2/3 of their salaries. H E L L they can afford it, and we all know it. The point is, for better or worse, we are all in this together. If you were on a ship and you didn't like the way the captain ran the ship, what choices do you have? Mutiny? Jump ship in the middle of the ocean? In either case, you'd probably die. Roll with the punches, it will hurt a lot less.
    i was 5 years uaw building firebirds b body chevrolets, and vans. oh yes i did work for gm for 90 days with no union at the new van plant. i was fired about 3 times for missing welds but i was called back everytime by my foreman. it was pure hell.

    boy back then it was a learning experience and the power of the union was overwhelming. but times were good for everyone and management.

    i can remember sending the entire plant home (about 4,0000) when a welder i was using broke a water line sending water all over the floor. i refused to stand on a damp floor and weld with an electric welder.

    everyone stood behind me and refused to do the job also. some of those guys working on the lines had some bad jobs. i know i did them. throwing gas tanks up overhead all day. bending over all day. working on the chassis line lifting heavy parts.
    but there were some good jobs but once you were hired in at a classificaion you couldn't transfer to another department. material dept and salvage were some of the choice jobs. skilled trades was the best place to be for the big bucks and easy jobs.

    i started driving freight in 1974 and have since. but the first year i drove i doubled my pay being a driver. back then no graduated pay scale for the teamster.
    i lost my job back in 86 after a 15% wage concession. but i had one small one and one in the oven a severely disabled wife (total spine fusion) 2 massive surgerys 6 months in body cast both times.
    i started over at 70 80 90% pay scale and i was glad to have that.
    i wore out about 10 cars driving over 80 miles to work sometimes five days a week


    its sad that the uaw went its way and they are suffering. its gotta be a real shock to these guys and now i look back on it its sad.

    overall what i am trying to say i am happy to have 90%.

    just my take

    axle

  5. #5
    Super Moderator

    Join Date
    Jan 2008
    Local Union
    641
    Employer
    new penn
    Location
    Northeastern PA
    Posts
    18,530
    Rep Power
    813

    Default Re: Poor negotiating by the IBT

    I was at a meeting yesterday and one of the union officials[local 707]said that he had attended the meetings in Scotsdall and was told he didn't do a good job he response was that when they got there the whole thing was done and they had no say in it so if you want to blame someone then blame Hoffa and company It is on his watch...

  6. #6
    Getting In The Groove Now.

    Join Date
    Dec 2008
    Local Union
    728
    Employer
    USF Holland
    Location
    USA
    Posts
    46
    Rep Power
    116

    Default Re: Poor negotiating by the IBT

    Brother,if you were reading my post you would see that I was blaming the top brass.The IBT stands for International Brotherhood of Teamsters.

  7. #7
    I call it like I see it!

    Join Date
    Nov 2008
    Local Union
    592
    Employer
    UPS Freight
    Location
    Midlothian,Va
    Posts
    353
    Rep Power
    127

    Default Re: Poor negotiating by the IBT



    This is fact ya'll....YRC asked for relief...they did NOT ask for 10% from us....The IBT went in & looked at their books and made this deal to keep us all working....Our health & welfare will not change.....All non union personel will also take 10% (that's everyone)as a matter of fact the management end has already been cut, including their health & welfare. Yellow, Roadway & Holland will vote together & New Penn will vote as a seperate company.
    The IBT ...if we vote yes... will get 15 million in YRC shares & monitered by the IBT. If the IBT see's a good time to sell the shares at a profit we all will be cut a check from the proceeds (these proceeds will not recoupe our total loss). We will still get raises....no more c.o.l.a. but the raises are at the 10% reduction. The reduction goes for the full term of the contract....& no it does not snap back if YRC starts making a profit. If Yellow trys to declare Bankruptcy or sell the company...all our wages go back to before the reduction.

    If we roll the dice & vote no....we are taking a chance on all of us losing our jobs.... If some of us are lucky to find another Union job....we will start @ 75% and work our way back up from the bottom. hmmm...90% versus 75%, well you do the math.

    If YRC closes I forsee the pension fund going bankrupt & none of us will ever see our pensions. Especially those with 5 or more years left for retirement.

    Think wisely all...our ***'s are on the line!

    Mark

  8. #8
    Getting In The Groove Now.

    Join Date
    Nov 2008
    Local Union
    728
    Employer
    Holland
    Location
    Georgia
    Posts
    88
    Rep Power
    111

    Default Re: Poor negotiating by the IBT

    Quote Originally Posted by MarkYRC View Post


    This is fact ya'll....YRC asked for relief...they did NOT ask for 10% from us....The IBT went in & looked at their books and made this deal to keep us all working....Our health & welfare will not change.....All non union personel will also take 10% (that's everyone)as a matter of fact the management end has already been cut, including their health & welfare. Yellow, Roadway & Holland will vote together & New Penn will vote as a seperate company.
    The IBT ...if we vote yes... will get 15 million in YRC shares & monitered by the IBT. If the IBT see's a good time to sell the shares at a profit we all will be cut a check from the proceeds (these proceeds will not recoupe our total loss). We will still get raises....no more c.o.l.a. but the raises are at the 10% reduction. The reduction goes for the full term of the contract....& no it does not snap back if YRC starts making a profit. If Yellow trys to declare Bankruptcy or sell the company...all our wages go back to before the reduction.

    If we roll the dice & vote no....we are taking a chance on all of us losing our jobs.... If some of us are lucky to find another Union job....we will start @ 75% and work our way back up from the bottom. hmmm...90% versus 75%, well you do the math.

    If YRC closes I forsee the pension fund going bankrupt & none of us will ever see our pensions. Especially those with 5 or more years left for retirement.

    Think wisely all...our ***'s are on the line!

    Mark


    Your right, it appears they have us by the short hairs. I would love to get at least 5 more years but 10 would to better. Everyone needs to think long and hard before they put that X in the box, 90% is alot better than 0%. Maybe just maybe YRCW can get out of this mess, at least they ask for help before it was to late. Take care my brothers and sisters,may GOD BLESS us all...

  9. #9
    Getting In The Groove Now.

    Join Date
    Dec 2008
    Local Union
    728
    Employer
    USF Holland
    Location
    USA
    Posts
    46
    Rep Power
    116

    Default Re: Poor negotiating by the IBT

    Correction,we get 15% in stock and not $15 million in stock.
    It looks to me like this is just the beginning of YRC busting up the union.Amazing that Zollars bought 328,000 shares of stock when it was down to $1.20 a share a couple of weeks ago.Now we will bail them out of debt without any sort of job security.Lets say that in 4 years and 1 week YRC is debt free thanks to us,stocks are up to $40.00 a share,and YRC decides to close it down and liquidate the assets.All they have to do by law is give us a 60 day notice that they are closing,but can get by without doing that.YRC would make 100% profit of all of the terminal properties and equipment, thanks to us.Zollars would laugh all the way to the bank with his $13.6 million dollar profit from stocks and we would each get roughly $9,000 from the stock minus 40% for capital gains tax,or about $5,800 after taxes and be unemployed.And if that did happen,it would force ABF out of business because they couldn'y afford to keep up the orphans from years gone by.
    That might not be what happens,but its a good possibility.

  10. #10
    Getting In The Groove Now.

    Join Date
    Nov 2008
    Local Union
    81
    Employer
    yrc
    Location
    portland or
    Posts
    10
    Rep Power
    108

    Default Re: Poor negotiating by the IBT

    could you please back up or show where the sec says zollars bought 328,000 shares when it was at a buck plus. i find it nowhere. any and i mean any stock transactions that zollars participates in have to be filed with the sec on a daily basis and would be posted. i find his total shares to be 325,211 with the last acquistion being a grant of about 76,000 shares in feb of 2008. sure your figures are right?

 

 
Page 1 of 3 123 LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318