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.
Do you like this post?