Some in the media have claimed that Yellow closed because of its dispute with the Teamsters. The truth is the company’s bankruptcy was decades in the making. Mismanagement and a financial crisis born on Wall Street caused the company’s demise.

TForce Teamsters will vote in-person this week on a proposed new five-year contract. Read the Tentative Agreement Highlights, a Summary of the Economic Changes, and a complete copy of the Tentative Agreement with all changes.

A strike at Yellow was averted today when the Central States Health & Welfare Fund agreed to continue healthcare benefits for workers at Yellow Freight and Holland. Without the agreement, 22,000 Teamsters would have lost their benefits because Yellow failed to make $50 million in benefit contributions that were due on July 15. Yellow now has 30 days to pay its bills with the understanding the company will do so within the next two weeks.

Teamster members at Yellow Freight and Holland are preparing to strike as soon as July 24. The IBT issued the strike notice after Yellow Freight and Holland stiffed the Central States for $50 million in benefit payments that were owed on July 15.

ABF Teamsters are voting on a new contract with an immediate $3.50 wage increase, $6.50 in raises, two more sick days and one new holiday, more money for pension and health and welfare and other improvements.

Click here to view the Tentative National Agreement and all the Supplements.

ABF Teamsters have voted by 97.73% to authorize a strike. The contract covering 8,000 Teamsters at ABF expires on June 30.

Yellow’s attempt to impose a concessionary change of operations with no benefits for Teamster members has been stopped in its tracks. Instead, the Yellow NMFA will be opened and all issues will be on the table for negotiations, including wage increases which will have to be part of any new contract.

More than 8,000 Teamsters at ABF are casting ballots in a strike authorization vote. The contract at ABF expires on June 30.