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Teamsters Out of Bankruptcy TA < IAM in bankruptcy contract.
CO/UA is set to make 1.5 billion combined net and the teamsters can only get what the non union people have. No part time cap. Company has right to contract out all jobs just like all the rampers at Republic and PSA who were all contracted out. $21.20 hr to bring them up to the non union level. High medical cost. No overtime bypass. No double time. No increase in vacations [5 weeks]. But plenty of relief shifts and other company protections.
At this point, the IAM bankruptcy contracts are far superior than the Teamsters contract. I am not surprised. All the talk and fluff and nothing backed up. We've seen this before.
CO/UA is set to make 1.5 billion combined net and the teamsters can only get what the non union people have. No part time cap. Company has right to contract out all jobs just like all the rampers at Republic and PSA who were all contracted out. $21.20 hr to bring them up to the non union level. High medical cost. No overtime bypass. No double time. No increase in vacations [5 weeks]. But plenty of relief shifts and other company protections.
At this point, the IAM bankruptcy contracts are far superior than the Teamsters contract. I am not surprised. All the talk and fluff and nothing backed up. We've seen this before.