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| FMCSA Sticks to
Sweatshop Rules |
| Groups Challenge
Dangerous Rule That Dramatically Increases Working Hours for
Professional Truck Drivers |
| 12.31.2008 -
Washington – The federal
government should reconsider a seriously flawed regulation that
can compel professional truck drivers to work and drive 19th
century sweatshop hours, four major safety organizations said. The
groups – Advocates for Highway and Auto Safety, Public Citizen,
the Truck Safety Coalition and the International Brotherhood of
Teamsters.
Read
More |
| Votes to be Counted
01.06.2009 |
| 12.27.2008 - YRC
Worldwide's IBT (International Brotherhood of Teamsters) employees
now have until Jan. 6 to vote on contract changes that include a
10 percent cut in wages in exchange for a 15 percent stake in the
company. |
| IBT Members voting are compounded with their decision making by the pending
change
of operations that YRC has proposed regarding the merger of
Yellow Transportation and Roadway. |
| Click here
to read the change
of operations dated December 22nd, 2008. The 103 page report is in
PDF format. |
| The IBT stated in a press
release, the deadline was extended due to several factors,
including holiday mail volume, winter weather in major parts of
the country and the number of ballot requests. |
| FedEx Cuts Wages &
Retirement Compensation |
| CEO Rakes in
Multi-Million Dollar Pension |
| 12.19.2008 -
Washington, D.C. – FedEx Corp.
[NYSE: FDX] announced drastic cuts in pay and deferred
compensation for most of its U.S. workforce. Salaried U.S. FedEx
employees will take permanent 5 percent to 10 percent base salary
reductions while FedEx founder, Chief Executive and Chairman Fred
Smith will take a permanent 20 percent reduction in base salary.
According to company statements, hourly employees will not see
base wages impacted in this round of cost controls.
Read
More |
|
YRCW's Job Security Plan
|
| Memorandum Of
Understanding Issued On Proposed Wage Reduction |
| 12.04.2008 -
Oklahoma City OK. - A sixteen page
report titled "Memorandum Of Understanding On The Proposed Wage
Reduction" was obtained by the Road Drivers Weekly News. The memo outlines
YRCW's proposed wage reduction of International Brotherhood of Teamsters
(IBT) employees and all non bargaining unit employees (including
management). Read
More |
|
Teamsters, YRC World Wide Reach Agreement on Economic Relief |
| 11.28.2008
(Washington, D.C.) –
Facing the worst economy since the 1930s, the Teamsters Union and
the freight companies of YRC Worldwide Inc. (YRCW) have reached an
agreement to provide the company with economic relief that will
protect the jobs and retirement security of tens of thousands of
Teamsters. Read
more at: Teamster
.Org |
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