Teamsters National Automobile Transporters Industry Negotiating Committee General Monetary Agreement (2003–2008)

Summary

This agreement between the Teamsters National Automobile Transporters Industry Negotiating Committee and industry employers sets wage rates, benefits, and other monetary terms for a five-year period starting June 1, 2003. It outlines scheduled increases in mileage and hourly pay, health and welfare contributions, and other allowances. Some benefits, such as holidays and vacations, remain unchanged, while others, like jury duty and military leave, are improved. The agreement covers various regions and job categories, ensuring standardized compensation and benefits for covered employees through May 31, 2008.

EX-10.1 3 g84383exv10w1.txt EX-10.1 SUMMARY OF FINANCIAL TERMS EXHIBIT 10.1 TEAMSTERS NATIONAL AUTOMOBILE TRANSPORTERS INDUSTRY NEGOTIATING COMMITTEE GENERAL MONETARY AGREEMENT May 31, 2003 WAGES: Increase all wage rates as follows: Article 22 - Tentative Agreement CENTRAL-SOUTHERN AND EASTERN LOADED MILEAGE AND HOURLY RATES: Effective: June 1, 2003 Freeze June 1, 2004 Freeze June 1, 2005 $0.0200 per mile $0.40 per hour June 1, 2006 $0.0200 per mile $0.40 per hour June 1, 2007 $0.0250 per mile $0.50 per hour WESTERN RUNNING MILEAGE AND HOURLY RATES: Effective: June 1, 2003 Freeze June 1, 2004 Freeze June 1, 2005 $0.01000 per mile $0.40 per hour June 1, 2006 $0.01000 per mile $0.40 per hour June 1, 2007 $0.01250 per mile $0.50 per hour CENTRAL-SOUTHERN, EASTERN AND WESTERN DRIVEAWAY MILEAGE AND HOURLY RATES: Effective: June 1, 2003 Freeze June 1, 2004 Freeze June 1, 2005 $0.01000 per mile $0.40 per hour June 1, 2006 $0.01000 per mile $0.40 per hour June 1, 2007 $0.01250 per mile $0.50 per hour - ---------------------------------------------------------------------------------------------------------------------- DRIVEAWAY SUPPLEMENTS Add language that provides for a freeze on wages in effect May 31, 2003 for backhaul trips. - ----------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------- COST-OF-LIVING ALLOWANCE: The cost-of-living allowance will be frozen for June 1, 2003. Revert back to current contract formula for June 1, 2004, June 1, 2005, June 1, 2006 and June 1, 2007. - ------------------------------------------------------------------------------- CROSS BORDER: Language to remain as in current contract. - ------------------------------------------------------------------------------- HEALTH AND WELFARE AND PENSION: Contributions to be increased as follows: Effective: August 1, 2003 $24.00 per week August 1, 2004 $24.00 per week August 1, 2005 $24.00 per week August 1, 2006 $24.00 per week August 1, 2007 $28.00 per week - ------------------------------------------------------------------------------- HOLIDAYS: No Change - ------------------------------------------------------------------------------- VACATIONS: No Change - ------------------------------------------------------------------------------- FUNERAL LEAVE: No Change - ------------------------------------------------------------------------------- SICK PAY: No Change - ------------------------------------------------------------------------------- JURY DUTY: Increase to fifteen (15) days per year. - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- MILITARY LEAVE: Increase twelve (12) month health & welfare contribution period to eighteen (18) months. - ------------------------------------------------------------------------------- TOOL ALLOWANCE: June 1, 2003 No Change June 1, 2004 No Change June 1, 2005 2.0% increase June 1, 2006 2.0% increase June 1, 2007 2.5% increase - ------------------------------------------------------------------------------- OWNER-OPERATORS: No Change - ------------------------------------------------------------------------------- SKID DROPS: Increase all rates as follows: Effective: June 1, 2003 No Change June 1, 2004 No Change June 1, 2005 2.00% June 1, 2006 2.00% June 1, 2007 2.50% - ------------------------------------------------------------------------------- FLAT, ZONE, SHUTTLE, INCENTIVE, LOADING, UNLOADING RATES: Increase all rates as follows: Effective: June 1, 2003 No Change June 1, 2004 No Change June 1, 2005 2.00% June 1, 2006 2.00% June 1, 2007 2.50% All other rates to remain unchanged. - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- EASTERN AREA SUPPLEMENT ARTICLE 46, SECTION 5 Reload rate as follows: Effective June 1, 2005 $3.25 Effective June 1, 2006 $3.50 Effective June 1, 2007 $3.75 - ------------------------------------------------------------------------------- MILEAGE DETERMINATION: No Change - ------------------------------------------------------------------------------- SHIFT PREMIUMS: No Change - ------------------------------------------------------------------------------- DURATION: Five (5) year contract.