TRUCKER STRIKE TODAY DRIVERS

Similar contract negotiations are occurring with Yellow, another major player in the logistics industry. Under the current contract, workers are only given 2 percent annual wage increases, well below the rate of inflation. The result was the elimination of 130 jobs.ĪBF’s current contract with Teamsters truckers ends on June 30. In 2016 ArcBest underwent a significant restructuring to streamline services and reduce operating costs. A dropoff in shipping volumes since the first years of the pandemic and fears of a recession are prompting companies like ArcBest to pass costs onto workers and maintain their exorbitant payouts to shareholders and executives.

Despite the booming profits, logistics companies are seeking to reduce their labor force and reduce labor costs in the coming years. Truckers are expected to pay for continued record profits through effective wage cuts, assaults on jobs and reductions to benefits.ĪrcBest posted a record profit year in 2022, raking in $300 million in profit, up from $213 million in 2021.

Truckers for ABF face an escalating war on wages, with trucking companies competing to extract the greatest amount of wealth from workers. The strike vote comes as the July 31 contract deadline for 340,000 UPS workers approaches both truckers and UPS workers are in the International Brotherhood of Teamsters.Ĭontract negotiations between the Teamsters and ABF are ongoing, with economic issues unresolved, along with “protections against purchased transportation, autonomous vehicles, and inward facing cameras in trucks.” ABF employs 8,000 Teamsters members as the “less than truckload” division of ArcBest, a holding company that manages logistics and owns ABF Freight and Panther.

TRUCKER STRIKE TODAY DRIVERS

Truck drivers for the national shipping company ABF have authorized strike action by 98 percent.

Trucker strike today