Support Road Drivers Weekly News by visiting our sponsors! - Thanks -
Close

Road Drivers Weekly News

News and more for teamster drivers...  RoadDrivers.Org



 What's hot...
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


The Road Drivers Weekly News and all author & photography work are protected under copyright laws (©  Copyright). Other products mentioned are registered trademarks or trademarks of their respective companies. Questions about this site? Please direct your eMail to the Webmaster@RoadDrivers.Org.