• August 12, 2020
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  • Teamsters at ABF to Receive 1% Bonus For 2019
    Updated On: Jan 30, 2020

    Teamsters at ABF to Receive 1% Bonus For 2019

    We are proud to have negotiated on behalf of our hard-working members that made ABF profitable in 2019. This is great news that the workers will directly share in these profits”  - Mike McElmury

    (WASHINGTON) – Teamsters employed at ABF Freight System will receive a 1 percent profit-
    sharing bonus—negotiated by the union—after the company reported fourth-quarter results
    today.
    Under the Teamsters 2018-2023 ABF National Master Freight Agreement, if ABF Freight
    achieves an annual operating ratio of 96.0 or below for any full calendar year, each Teamster-
    represented employee will receive a bonus based on their earnings. ABF Freight reported a
    95.2 percent operating ratio in 2019, which resulted in a 1 percent bonus.
    For example, if a member earned $75,000 in 2019, he will receive a bonus of $750.
    “Our members at ABF Freight work hard every day to make the company successful, and we
    are pleased that they will share in the company’s financial success with this bonus,” Teamsters
    General President Jim Hoffa said.
    “Our National Negotiating Committee worked hard to negotiate a strong contract for our
    members, including this bonus, and we are very excited that our members will be rewarded for
    the company’s success,” said Ernie Soehl, Director of the Teamsters National Freight Division.
    “This is the first time our ABF members have received the bonus.”
    Under the contract language, ABF Teamsters should receive their checks by the end of
    February 2020, Soehl said.

    -30-


  • Teamsters Local 385

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