Another 30-day Extension in ABF Bargaining

Updated April 22, 2013: The IBT and ABF have agreed to extend bargaining another 30 days, as ABF continues to demand big cuts in health care, pensions and wages.  The extension now runs until the end of May.

According to an IBT Bulletin issued late yesterday, ABF is demanding that Teamsters pay $240 per month for family health coverage, with reduced benefits; big cuts in pension contributions, which would have the effect of removing ABF from big pension plans, including Central States and Western Conference; and a 6.5% wage cut.

The company has issued its own bulletin defending the big concession demands. They issued a later statement claiming members pensions would not be endangered by their proposal.

The effect of the concessions would be that most ABF Teamsters would pay nearly $3,000 a year for reduced health coverage; would take a pay cut of about $1.60 per hour, which would cut over $4,000 per year for most Teamsters; and could have their pensions endangered.

ABF Teamsters: stay informed, stay united.

Join TDU's Freight network: No Freight Concessions. Click here to send us a message and click here to sign up for email updates.

Get Advice Join TDU Donate

Recent News

Yellow Trims Losses: Best Quarter in Six Years

Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.

 

Sysco Profits Up

Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year.  Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.

View More News Posts