ABF......

In a nutshell, company is losing money they lost 12- 16.4 mil this quarter. Company wants employees to take a 7% paycut and other things like a lose a week vacation etc. Employees don't want to agree to this so they look like they are gonna vote "no"on the contract. Which will leaves ABF to very little options in my eyes. Sell, or close its doors, doubt they are gonna keep the wages the same and stay afloat.

 

I honestly don't know how YRC stayed afloat? Somehow they did it. Was it all the cuts in pay? Who knows? I'm waiting to see what happens when YRC's contract is up. That will be interesting. I can almost bet they will be losing money again by then and more cuts or no 15% back.

 

I think something will be worked out. ABF has a pretty good share of the market on their "Upack". This has given them revenue that other LTL companies dont have. Can you imagine what will happen if a strike occurs or they shut their doors? How many people will be missing their household goods?

 

The new contract will pay 22.64 an hour, and .56875 cents a mile for road drivers. Still maintain their great health care plan. A big loss will be vacation time. It will take 8 years before you get a 2nd week of vacation. Also, they want to sub out 6% of their freight to outside carriers. No pension increases for 5 years, just maintaining the pension level.

 

Wow that's kind of horrible for top rate. I'm making that now after my first year. And I don't agree on subbing out freight

 

I took a job making less hauling fuel, but I have a set schedule, and never have to sit next to the phone waiting for a phone call, so it was worth it to me. I agree that subbing out freight is a big downfall for the company. They also want to use electronic recording devices to track/fire employees stealing time...

 

What options do the Teamsters have ? Are they going to strike for months and feed their families out of food pantries then go back and take the cuts asked for in the beginning or wait until ABF sells to a nonunion carrier and they lose altogether ?
YRC won't buy ABF . That would result in job losses and even deeper pay cuts .
http://www.nofreightconcessions.org/

 

your a different story though, but before this so called cut-backs they were making more than our top rates... thats a real hit in the face right there on how much they want to cut back... Normally ABF was one of the best to work for. I know UPSF is union but they act like a non-union carrier, trucks dont start without seat-belt, you idle to long you get written up, dont do this right your written up etc... Seems like YRC is still the best freight gig. And yes they can now track the P/d guys as well now on GPS but its in the contract that they cannot disicpline for taking too long. They can tell you its wrong but cant disicpline you.

I know what you mean by living by the phone. I got a nice bid sun-thurs, sometimes fridays, normay got every friday and saturday night off so it works for me

 

I work Sat-Wed 4am-4pm, then Sat-Tues the next week. Will be many years before I work Mon-Fri...

 

Seriously, .56875 is top pay for line haul drivers? My top pay is almost that high at Reddaway. I thought they were up to 63 cpm at least.

Speaking of UPS, I wonder when they're gonna give their employees a pay and pension cut?