Management Update: ABF, Teamsters may re-open talks.
in the NewsState of Logistics 2016: Pursue mutual benefit May trade between U.S. and NAFTA partners down 3.1 percent UPS reports solid Q2 earnings paced by international and B2C growth AAR reports another week of declining volumes Despite mixed Q2 results, transportation & logistics deal making prospects look bright More News
The Teamsters Union said last month that it's looking into establishing a dialogue with ABF Freight System Inc., a less-than-truckload subsidiary of Arkansas Best System, to renegotiate ABF's labor agreement, the National Master Freight Agreement. Teamster officials said that they have not entered discussions with ABF; but based on its current understanding of the industry, the company's financial position, and concerns from ABF Teamster members, they stated that “it's in our best long-term interest to fully engage ABF through formal discussions to determine what type of contractual relief may be necessary.” An ABF official told LM that the company is pleased that the Teamsters Union recognized the need for potential discussions.
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
2016 State of Logistics: Third-party logistics 2016 State of Logistics: Ocean freight View More From this Issue