Profit-Sharing Bonuses on the Way for ABF Teamsters

ABF Teamsters will receive profit-sharing bonuses on February 16, according to a memo from the Teamsters Freight Division. 

Qualifying members (members who were on the seniority list from January 1 to December 31, 2021 will receive a bonus of 3 percent of their 2021 earnings). 

2021 is the third year in a row that the ABF operating ratio performance has made the profit-sharing provisions of the contract kick in.

The current ABF contract expires in 2023. With profits up yet again this year, members enter negotiations playing a stronger hand.

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