Sean O’Brien just might be the worst labor leader in America.
If you don’t believe me, just consider his horrible performance last week culminating in the unemployment of thousands of his working-class members, and a sweet payday for Wall Street fat cats.
He built the modern Teamsters from disjointed groups of local truckers into a national powerhouse and the largest union in the country. He knew when to strike and when not to. Something called the National Master Freight Agreement, a set of rules between truckers and employers, was a Hoffa brainchild and it remains in effect to this day.
It’s been limping along ever since. Earlier this year, management came up with what it billed as a long-term solution to its woes: A restructuring that consolidated operations without layoffs. It also asked its drivers for some trivial concessions like unloading trucks. and that it was all Yellow’s fault. Pretty laughable stuff for anyone with half a brain, including his members, whom I hear put pressure on O’Brien to launch last-minute negotiations with the company.
Apollo is sitting pretty in the aftermath of Yellow’s demise, and so is a restructuring firm named Ducera, which has been hired to liquidate the company and pay back the secured creditors.
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