Preston drivers OK wage cutPreston Trucking Co. drivers...

BUSINESS DIGEST

March 25, 1993

Preston drivers OK wage cut

Preston Trucking Co. drivers, represented by the International Brotherhood of Teamsters, have voted to accept a 9 percent wage reduction starting April 1, as part of a plan to help the struggling Eastern Shore company.

Earlier this month, Yellow Freight Systems Inc., which recently acquired Preston, laid off 150 nonunion Preston employees and said it was seeking pay cuts from the company's remaining 5,600 workers. According to the Teamsters' contract with Preston, any wage cut was subject to approval by the membership.

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