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YRC CEO Welch gets a 397% Raise

YRCW’s CEO bagged $10.8 million in total compensation last year, while the Teamsters who move the freight got a token raise and no relief from pay and pension concessions. 

YRCW: Concessions and Profits

YRCW stock jumped 25% within minutes of today’s opening, following the second quarter report on YRCW’s best period in a decade. What will it mean for 20,000 Teamsters who made it possible?

Freightliner Gets First License for Autonomous-Driving Truck (with video)

Neil Abt Transport Topics May 06, 2015 View the original piece Freightliner Trucks has received the first license in the United States for an autonomous-driving truck to operate on public highways from Nevada Gov. Brian Sandoval. The Freightliner Inspiration was previewed for the media at the Las Vegas Motor Speedway on May 5, an occasion Sandoval hailed as “a historic day in the areas of transportation and innovation” and a “monumental day for the human...

Supreme Court Rejects Appeal of California Meal-Break Rule

Michele Fuetsch Transport Topics May 05, 2015 View the original piece The U.S. Supreme Court has declined to hear appeal of rulings that upheld a California law that requires employers to provide meal breaks to workers. Penske Logistics was asking the court to overturn decisions by the 9th U.S. Circuit Court of Appeals, based in San Francisco, that said the companies must abide by the state law. The second case involved Vitran Express, a Canadian...

Truck driver scarcity pulls down Con-way volume, profit

JOC Staff The Journal of Commerce May 05, 2015 View the original piece The so-called driver shortage is taking its toll on volume growth and further heightening the need for pricing discipline, according to the president of the third largest transportation and logistics company in America.   “The tight driver market is limiting our ability to fully seat our fleet,” said Con-way President and CEO Douglas Stotlar during in a statement during last week’s first-quarter...
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Recent News

Sean O’Brien To Host Teamster Transition Update

Teamster General President-elect Sean Sean O’Brien will host a national zoom call to update members on the transition at the IBT on Sunday, February 27 at 1pm EST / noon CST / 11am MTN / 10am PST. All members are welcome but advance registration is required. Register here to have the zoom link sent to you before the call.

New York Locals 707 and 138 Teamsters To Get Full Pensions Restored

Grassroots organizing to save workers’ pensions is literally paying off. The Road Carriers Local 707 Pension Plan received $725.6 million from the Pension Benefit Guaranty Corporation (PBGC) on February 17, and will start repaying retirees right away to restore their cut pensions.

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