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More gloom and doom..CS is tanking
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<blockquote data-quote="PiedmontSteward" data-source="post: 1590249" data-attributes="member: 42270"><p>Not necessarily RTW, but anti-union legislation in the form of deregulation of the trucking industry. It was initiated under Carter (D) and continued/expedited under Reagan (R). </p><p></p><p>14,000 companies with 450,000 covered employees under the National Master Freight Agreement signed in 1964 down to about 2 contributing freight companies today absolutely killed Central States. The owner/operator and independent contractor model put union freight companies out of business.</p><p></p><p>All of those orphaned employees -- combined with mismanagement of the fund in the past and the economy tanking right after the cash infusion from UPS for the exit liability -- contributed to the sorry state of CS today.</p></blockquote><p></p>
[QUOTE="PiedmontSteward, post: 1590249, member: 42270"] Not necessarily RTW, but anti-union legislation in the form of deregulation of the trucking industry. It was initiated under Carter (D) and continued/expedited under Reagan (R). 14,000 companies with 450,000 covered employees under the National Master Freight Agreement signed in 1964 down to about 2 contributing freight companies today absolutely killed Central States. The owner/operator and independent contractor model put union freight companies out of business. All of those orphaned employees -- combined with mismanagement of the fund in the past and the economy tanking right after the cash infusion from UPS for the exit liability -- contributed to the sorry state of CS today. [/QUOTE]
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