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UPDATETEAMSTERSABFFreightAPRIL20,2010FreightLeadersOverwhelminglyEndorseEconomicReliefPlanPackageWillProtectJobs,BenefitsOnMonday,April19,leadersoffreightlocalunionsfromacrossthecountryoverwhelminglyendorsedaneconomicreliefplanforABFFreightSystem,Inc.thatwillprotectthousandsofTeamstermembers’jobsandtheirhealth,welfareandpensionbenefits.“LocalunionleadersunderstandthatweneedtotakeaboldsteptohelpABFgetthroughthisterribleeconomyandthatwemustactnowtopreventfarworseproblemsdowntheroad,”saidTysonJohn-son,DirectoroftheTeamstersNationalFreightDivision.“Noonewantstoseewagecuts,butthisagreementprotectsourABFmembers’jobsandtheirhealth,welfareandpensionbenefits.”Johnsonsaidtheunionrespondedtomembers’concernsthatitonlymoveforwardifitcouldindependentlyverifythecompany’sfinancialsituation.“Anindependentfinancialadvisorhasverifiedthatthecompanyislosingmoneyandhasbeenexhaustingitscashreserves,”Johnsonsaid.“Themessageisthatwemustactnow.”“ABFhasbeenbleedingandtheycannotkeepbleeding,"saidTeam-stersGeneral...