{"id":764,"date":"2023-06-08T10:40:19","date_gmt":"2023-06-08T10:40:19","guid":{"rendered":"https:\/\/ladingcargo.com\/blog\/?p=764"},"modified":"2024-10-18T12:26:02","modified_gmt":"2024-10-18T12:26:02","slug":"tentative-labor-deal-reached-abf-freight-and-teamsters","status":"publish","type":"post","link":"https:\/\/ladingcargo.com\/blog\/tentative-labor-deal-reached-abf-freight-and-teamsters\/","title":{"rendered":"Tentative Labor Deal Reached ABF Freight and Teamsters"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The International Brotherhood of Teamsters and ABF Freight reached a preliminary agreement on a new five-year collective bargaining agreement on Wednesday night.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">ABF Freight reached a labor agreement with the International Brotherhood of Teamsters on Wednesday night after the stock market had closed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The two sides have reached an agreement on their national and supplementary labor contracts, as per a document submitted to the SEC (Securities Exchange Commission). The agreement needs worker approval to be effective.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ladingcargo.com\/blog\/tentative-labor-deal-reached-abf-freight-and-teamsters\/#ABF_and_Teamsters_Reach_Five-Year_Collective_Bargaining_Agreement\" >ABF and Teamsters Reach Five-Year Collective Bargaining Agreement<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ladingcargo.com\/blog\/tentative-labor-deal-reached-abf-freight-and-teamsters\/#Preliminary_Deal_to_Reopen_National_Master_Freight_Agreement_Early\" >Preliminary Deal to Reopen National Master Freight Agreement Early<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ladingcargo.com\/blog\/tentative-labor-deal-reached-abf-freight-and-teamsters\/#Final_Wording\" >Final Wording<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"ABF_and_Teamsters_Reach_Five-Year_Collective_Bargaining_Agreement\"><\/span><span style=\"font-weight: 400\">ABF and Teamsters Reach Five-Year Collective Bargaining Agreement<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400\">ABF and Teamsters have agreed on a five-year collective bargaining agreement. ABF&#8217;s 8,600 workers will receive pay raises, new perks, and better working conditions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Teamsters and LTL carriers are working on multiple labor agreements. UPS is also involved. The proposed deal includes increases in pay, new benefits, and perks.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The deal proves the union&#8217;s power and resolves at the negotiating table, according to John Murphy, director of Teamsters National Freight.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Preliminary_Deal_to_Reopen_National_Master_Freight_Agreement_Early\"><\/span><span style=\"font-weight: 400\">Preliminary Deal to Reopen National Master Freight Agreement Early<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">The Teamsters and Yellow Corp. have a preliminary deal to reopen their national master freight agreement early. The Teamsters will conduct a strike authorization ballot with UPS members this week.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Teamsters members voted 97% in support of sanctioning a strike if necessary. Within two weeks, a preliminary agreement was struck. Union leaders will gather in Chicago next week.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">They will discuss the draft agreement before submitting it to a vote of the membership. The labor agreement expires soon and a new one will replace it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Contract talks began in March. Discussions are also happening at other unionized LTL carriers. Union officials promised to fight for their members.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Final_Wording\"><\/span><span style=\"font-weight: 400\">Final Wording<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400\">Three U.S. freight train unions signed preliminary agreements. This is good news for the logistics sector. Agreements cover 86,000 freight train workers. They prevent a walkout that could slow transportation and disrupt supply chains.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Unions wanted more pay and benefits. Railways looked to save costs wherever possible. Preliminary accords, if ratified, will bring relief to businesses that rely on freight rail transportation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The agreements can prevent job losses and production decline. They may benefit the economy. Unions and freight railways have reached preliminary agreements. For more such news follow <a href=\"https:\/\/ladingcargo.com\/\">Lading Logistics<\/a>. The logistics sector and the economy will benefit.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Brotherhood of Teamsters and ABF Freight reached a preliminary agreement on a new five-year collective bargaining agreement on Wednesday night.\u00a0 ABF Freight reached a labor agreement with the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":765,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131],"tags":[],"class_list":["post-764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tentative Labor Deal Reached ABF Freight and Teamsters<\/title>\n<meta name=\"description\" content=\"BMWED, IBB, and SMART-MD reached tentative agreements with 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