"FREIGHT HAULERS IN CYBERSPACE": Tentative Agreement with YRC

Friday, December 14, 2007

Tentative Agreement with YRC

The IBT Freight Division announced they reached a tentative agreement with Yellow Roadway, but no information about the deal has been released. The proposed tentative agreement will be five years, running until 2013. The IBT press release says the deal will "allow the unionized companies a chance to better compete against the nonunionized freight companies." Officials in the Freight Division say these concessions are aimed primarily at competing with UPS Freight, where Hoffa signed a contract in Indianapolis well below NMFA standards and costs.Reports indicate that the benefit contribution will be, as expected, $1 per hour each year, to maintain health and pension benefits. We will make information available to members as soon as possible.

Bargaining will now shift to ABF.We expect ABF will be held to the same contract.

The proposed contract will be presented to local officers on January 8 and members will vote on it following that.

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