YRCW CEO James Welch just sold 42,000 shares of YRCW stock he was given for $521,000, which is a fine bonus. Maybe it’s time to lift some of the concessions drivers gave to make exec bonuses so lucrative.
Los Angeles Teamsters photographed nonunion operators pulling trailers in and out, headed for the rail yard, while Teamster drivers sit home.
What’s wrong with this picture?
What’s wrong is an International Freight Division that is in bed with the corporation, and which will do nothing to defend Teamster jobs.
Not the drivers’ jobs or the clerks’ jobs, which have been subcontracted overseas.
How about boosting starting pay, so more drivers could be hired? Management (and some union officials) whine about how they can’t find drivers. Every YRC Teamster knows the reason: starting pay is too low!
How about stopping subcontracting out work? It’s rampant at YRC and even worse at UPS Freight.