Who Dropped the Ball on Wall Street’s Losses for Retirees?

Were the watchdogs asleep when the Central States Fund was losing the money that belongs to our retirees and Teamsters? Read the MarketWatch Report “How the Teamsters Pension Disappeared More Quickly Under Wall Street than Under the Mob.

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Related Stories: How Independent is Central States “Independent Counsel”? and Central States Pension Fund: $16.1 Billion.

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Herman Benson: A One-Man Army Working to Revitalize the Labor Movement

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.

YRCW Gets $700 Million CARES Act Loan!

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.

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