Teamster News

Some 3.6 Million People Are About to Get a Raise

Bloomberg News
01/05/2015

In his 2014 state of the union address, President Obama kicked off what could unofficially be dubbed the Year of the Minimum Wage. Just a year earlier, he had called for a $9 federal minimum, but there he was in early 2014, saying workers should earn at least $10.10 an hour. The shift shows how coordinated campaigns for higher wages, which started with fast-food workers and spread more broadly, raised expectations of what’s considered fair compensation.

Trying to Bust Unions One County at a Time?

The New York Times
01/05/2015

Conservative groups are opening a new front in their effort to reshape American law, arguing that local governments have the power to write their own rules on a key labor issue that has, up to now, been the prerogative of states.

YRCW Execs Get Big Pay Hike

Kansas City Business Journal
01/05/2015

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
01/05/2015

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.

Rail Workers United vs One person crews

Associated Press
12/29/2014

When American freight trains delivered cargo after World War II, the steam-belching beasts commonly had seven people aboard — an engineer, a conductor, up to four brakemen and a fireman.

That solid pension benefit? It may be subject to change

Pittsburgh Post Gazette
12/29/2014

Some troubled pension plans now have the authority to drastically reduce the benefits of current and future retirees — something that hasn’t happened since Congress passed legislation protecting retirement benefits 40 years ago.

2014 Teamster Hall of Shame

December 23, 2014: Contract concessions, pension cuts and attacks on our rights. The 2014 Teamster Hall of Shame tells the facts and names the names.

Teamster Ranks Fought Back in 2014

December 23, 2014: Teamster members fought back in 2014, taking on concessions, organizing to save their benefits, defending members' right to vote, and more. Members can look to these campaigns with hope as we organize to rebuild Teamster power in 2015.

Amazon Debuts One-Hour Delivery for Manhattan Customers

Bloomberg News
12/23/2014

Amazon.com Inc. began offering one-hour delivery in Manhattan Dec. 18, the retailer’s latest effort to connect consumers with products they order online as quickly as possible.

The “Prime Now” program covers shipments of tens of thousands of household goods, including shampoo, paper towels, toys and books, the Seattle-based company said in a statement. The service will expand to additional cities in 2015, with the program available to Amazon Prime members who pay $99 annually for fast delivery.

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