YRC narrowed its quarterly loss to 39.6 million on $1.243 billion revenue, compared with a net loss of $104.2 million on $1.251 billion revenue in the 2012 second quarter. Consolidated operating income decreased slightly from $15.5 million to $14.3 million, or by $1.2 million. Operating income in 2013 included a $1.3 million loss on asset disposals compared to $6.5 million gain on asset disposals in 2012.
Rebuilding Teamster Power in Freight
“Let’s use this crisis as an opportunity to fight for what we deserve. It’s time to stop belly aching and get organized. Call TDU and set up a meeting in your area. That’s what I plan to do.”
Frank Rogers, Yellow, Local 41, Kansas City
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Teamsters for a Democratic Union is bringing together Teamsters from across our union to work together to reverse the decline and rebuild Teamster Power in freight.
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August 20, 2013: Hoffa and the Freight Division are parroting management's line, aiming to divide, discourage and defeat members.
August 8, 2013: Reports indicate that YRC executives have asked Hoffa and Freight Director Tyson Johnson for a two-year extension to the present five-year deal, with a wage and pension freeze extending until 2017. And Hoffa's appointee to YRC's board, Harry Wilson, is trying to broker the deal.
August 5, 2013: The US Court of Appeals for the District of Columbia has upheld all of the new Hours of Service regulations for DOT-regulated trucking operations, except one: the requirement of a 30-minute break during the first eight hours of work for short-haul drivers.
Arkansas Best Corp. of Fort Smith on Friday reported a profitable second quarter but said it continued to sustain losses in the first six months of the year on rising costs at its largest subsidiary, ABF Freight System Inc.
August 6, 2013: The ballots are out in the mail, but active Teamsters in the Central Region and some other supplemental areas are saying Vote No.
A federal appeals court in Washington, D.C., today let stand virtually all of the federal government's controversial new rules governing the operations of the nation's truck drivers. The ruling may end the decade-long battle between multiple groups over how fleets and their drivers should ply the nation's roads.
UPDATED August 1, 2013: The ballots in the second-round vote on the ABF contract go out on August 6, and will be counted on August 28. Teamsters covered by the seven rejected supplements continue to be kept in the dark about what the IBT has done to improve the offer.
July 24, 2013: The IBT called union officers to Chicago today for a meeting on the ABF contract, but there was no meat on the bones. Absolutely nothing has been negotiated with the company since the rejection the Central Cartage and Road supplements, and it appears that the IBT has little intention of making real changes.
It is back to the drawing board—or, more accurately, the bargaining table—for UPS and Teamsters negotiators.