YRCW ask Teamsters for "relief"...

Discussion in 'YRC' started by latanea, Nov 25, 2008.

  1. Working Class Patriot

    Working Class Patriot Road Train Member

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    I certainly hope you drivers in the union have a back-up retirement....do not depend on your Teamster pension alone......
     
  2. walleye

    walleye Road Train Member

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    Anymore you need a back up plan for the back up plan.....
     
  3. Working Class Patriot

    Working Class Patriot Road Train Member

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    And bury jars of cash in the backyard....
     
  4. Waterloo

    Waterloo Medium Load Member

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    I would not want to be union, hell I hated when it was voted in. We lost allot when that happened. I voted against it, but it was Michigan, go figure? I lost a chunk of my pay and walked. Like I said, they shut it all down 2 or 3 years ago. And that was after all of the layoffs.

    They can keep their unions.

    Mike
     
  5. latanea

    latanea Road Train Member

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    yup - we have a VERY good 401K - lots of choices that are tier 1 - and closed to general public for years...
     
  6. Timtruck

    Timtruck Medium Load Member

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    Part of the problem with YRC is that they are carrying huge amounts of debt on their books, like in the billions. Due to the downgrading by S+P of their debt, they dont have much choice except to either ask for more concessions or start closing up locations. YRC has had a real tough time trying to fold both Yellow and Roadway into the YRC label and then taking on the USF Companies(which were losing a lot of money to begin with)left them carrying tons of debt and they are not appearing to be coming out of it, thus the banks have frozen their credit lines because their profit sheets are not matching their credit runs.

    I feel for you all over there and I hope that something can be reached that comforts both sides, but frankly by having the attitude of the Teamsters that "we are not taking any more concessions" is not the right attitude to have during this economy. The automotive industry's UAW is talking that same way, and by the looks of things they may be standing on the outside and looking in when it's all done and said. If a company declares bankruptcy anyhow even with a bailout or for any other reason--they can and will renegotiate the contracts with their labor unions. Better to give in now than to wait until they declare bankruptcy and hope that they will re-negotiate at all(which BTW, they wont have to if they dont want to or dont feel they can afford to)Good Luck!
     
    Lonesome Thanks this.
  7. Waterloo

    Waterloo Medium Load Member

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    The one thing you said in your post that says it all... Is the CREDIT LINE!

    That is the main problem right now. Many businesses have been caught up in this credit mess. I know this from running my own company, it is not just the freight brokers, it is the shippers too. Many have been cut off, I have never seen it like this out here. You can have five star credit as a manufacturer/shipper, but they ain't getting a dime out of the banks. No credit... You can figure out the rest. Not good out here right now.

    And right now, Union pay will be on the block, along with the Union members. Let em strike, it will just speed things up, their unemployment.

    Mike
     
  8. tagmaster

    tagmaster Bobtail Member

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    Actually unlike the UAW-Teamsters are negotiating with YRCW.
    Teamsters have not indicated that they are not willing to take concessions. They are the model union.The pay is no where near what the UAW's is. YRCW should but cannot close either Roadway or Yellow completely without issues.
    All the while this is going on money continues to be wasted on labor claims of senority violations,poor oversight of terminal operations,etc..
    a few examples that come to mind..
    Roadway has a hand held computer at the major terminals that allows switchers to status the yard location of trailers. Seldom do the guys use it
    correctly when they park units. result is wasted time finding trailers on yard.
    When an employee is asked to hook an MT at many of the larger terminals
    they are not given a particular MT to get. The employee has to just scrounge around wasting time until maybe the dock gives him one or he is lucky enough after opening 20 or 30 doors on the yard that he finds one.
    In my opinion poor communication and trailer control.
    A lot of the break times are hugely excessive without any control whatsoever. So yes both sides are to blame.
    Now that we have layoffs if you work overtime your considered a scab.
    This needs to be re-considered also. The company lays off to cut cost.
    I think these employees may stand a better chance in the long run if the workforce that is left does what it can to help regain viability.
    The remaining USF's workforce is sadly the one most likely at risk in the short term.



     
  9. Working Class Patriot

    Working Class Patriot Road Train Member

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    Nothing wrong with utilizing credit...even the government uses credit.
    It's was misuse of credit that caused our economy to head south...in part.
     
  10. MO family man

    MO family man Heavy Load Member

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    Nothing wrong with using credit but everybody from gov to business to individuals would be better served to not use it. It takes some getting used to at first but it is possible.
     
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