PTS GETS COURT ORDERED APPROVAL ON WAGE CUTS
Posted by: Chainsdraging in Carhaul News, Contract, PTS, Teamsters, tags: bankruptcy, Carhaul, court, Cuts, Fred, negotiator, NMATA, performance transportation Services, PTS, Teamsters, top, wage, ZuckermanPTS has posted on their web site
COURT APPROVES 1113e MOTION 6-4-08.pdf
To: ALL PTS Employees
Today, the United States Bankruptcy Judge overseeing PTS’s Chapter 11 case approved a 15% reduction in the wages or our teamster employees. This reduction was approved for an 8 week period ending July 31st, and this is temporary in nature.
Also posted on their site
Interim Relief Questions and Answers 6-5-08.pdf
COURT APPROVES 1113e MOTION 6-4-08.pdf
Letter-To Frederick Perillo-IBT Counsel-May 31 08.pdf
PTS TAKES ACTION TO ASSURE FUTURE!! 5-29-08.pdf
DONT BELIEVE THE FALSE INFORMATION!!! 5-31-08.pdf
Thanks to our member JerseyDevil for the find of this Article
UPDATE
The Teamsters Respond
Teamsters Weigh Options After PTS Wage Cuts Approved By Court
Union Leaders Urge Company to Return to Talks; Drop Pay Reductions
June 2, 2008
A U.S. bankruptcy court judge has approved Performance Transportation Services, Inc.’s (PTS) request for 15-percent wage cut, and Teamster leaders are weighing all options in order to fight the company’s move.
