Teamsters Fight to Protect Carhaul Jobs

Union Will Monitor Court Proceedings To Protect Jobs, Wages And Benefits

(Washington, D.C.) – The Teamsters Union has taken immediate steps to protect the jobs, wages and benefits of Teamster carhaul members following Sunday’s Chapter 11 federal bankruptcy filing of Allied Holdings, Inc. and its subsidiaries, the largest Teamster carhaul employer with more than 5,000 employees in the United States and Canada.

We have known for some time that Allied has faced severe financial problems, so this action was not unexpected,” said Jim Hoffa, Teamsters General President. “While Allied says it will continue operating normally during the bankruptcy reorganization, the Teamsters have assembled a top team of legal and financial experts to participate in all court proceedings to ensure that our members’ jobs, wages and benefits are protected.”

Teamster members had approved a two-year wage freeze from 2003 to 2005 and had taken other steps to help the company succeed, but apparently the Allied management was unable to take advantage of our members’ sacrifices to make their business plan work,” said Fred Zuckerman, Director of the Teamsters’ Carhaul Division. “We have worked closer with this company than any other company in recent years to make them successful. However, we have made it clear that their financial problems will not be solved on the backs of our hardworking Teamster members.”

The Teamsters Union continues to have an open dialogue with the company on its financial condition, and the union has assembled a team of legal and financial experts to closely monitor the situation and to assess any reorganization of the company.

Local unions with carhaul members will participate in a special conference call on Tuesday, August 2 to get updated on the bankruptcy filing.

Founded in 1903, the International Brotherhood of Teamsters represents more than 1.4 million hardworking men and women throughout the United States and Canada.

Source: Teamsters