Rebuilding Teamster Power in Freight
“Let’s use this crisis as an opportunity to fight for what we deserve. It’s time to stop belly aching and get organized. Call TDU and set up a meeting in your area. That’s what I plan to do.”
Frank Rogers, Yellow, Local 41, Kansas City

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Teamsters for a Democratic Union is bringing together Teamsters from across our union to work together to reverse the decline and rebuild Teamster Power in freight.

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Freight News

Driver Turnover Continues at Elevated Levels, ATA Says

Transport Topics

Driver turnover remained at elevated levels for truckload fleets of all sizes, inching up one percentage point to 97% at larger carriers and remaining at 94% at smaller fleets, American Trucking Associations reported.

The numbers compared to the second quarter of last year showed sequential stability in both the truckload fleets with revenue of more than $30 million and those with revenue below that benchmark.

ABF Logistics Buys Oklahoma Brokerage Firm

Transport Topics

ABF Logistics has purchased Smart Lines Transportation Group, a truckload brokerage firm based in Oklahoma City, for $5.17 million.

Smart Lines, which primarily serves the food, energy and industrial sectors, has 24 employees and generates about $18 million in annual revenue, ABF said.

ABF Logistics is the third-party logistics arm of ArcBest Corp. and a sister company to less-than-truckload carrier ABF Freight.

The acquisition, completed Jan. 2, expands ABF Logistics into the Oklahoma City market.

YRCW Execs Get Big Pay Hike

Kansas City Business Journal

YRC Worldwide Inc. has terminated its employment agreements with CEO James Welch and CFO Jamie Pierson. However, the Overland Park-based company's top executives aren't going anywhere.

2014 Was a Happy Year for Transport Stocks

Wolfe Research

Monthly Transport Trader. Our Transport Trader report is a monthly review of transport stock performance. We show transport performance vs. the S&P 500 and other sectors, sub-sector performance (e.g. rail vs. truck), comparable stock performance (e.g. FDX vs. UPS), and individual stock performance vs. the market and peer group.


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