On February 1, Teamsters Union freight representatives agreed to approve Roadway’s major change of operations, which will close some breakbulks and relay points and move approximately one thousand road, dock, yard and office jobs. In return, certain job protections were written into the change agreement.
My friend Herman Benson died yesterday, just shy of his 105th birthday. He was an inspiration, a leader, and sometimes a critic for so many of us working to put the membership front-and-center in the Teamsters and in the whole labor movement.
The US Treasury will loan YRCW $700 million under authorization from the CARES Act. $350 million will be used to make H&W and pension benefit payments, and the other $350 million will go to investment in tractors and trailers.
