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...

Y. Peter Kang Portfolio Media. Inc. April 28, 2015 View the original piece Law360, Los Angeles (April 23, 2015, 8:16 PM ET) -- The Ninth Circuit affirmed a lower court’s punitive damages award of $6.6 million to a former employee of United Parcel Service Inc. who had alleged wrongful termination in connection with a previously filed overtime class action suit, ruling that the evidence was sufficient to support the jury’s verdict.Former employee Michael Marlo filed suit...

Hayley Peterson Business Insider April 23, 2015 View the original piece Wal-Mart suddenly closed five stores in four states on Monday for alleged plumbing problems. The closures could last up to six months and affect roughly 2,200 workers in Texas, California, Oklahoma, and Florida, CNN Money reports. Click here to read more at Business Insider.  

Jane Slaughter Labor Notes April 21, 2015 View the original piece Teamsters are up in arms over looming pension cuts that could slash the incomes of both current and future retirees—anyone under 80. They’re battling trustees of the enormous Central States Pension Fund, which has said that cuts of up to 30 percent may be necessary, as soon as possible, to keep from running out of money. Those trustees represent both management and their international...

Melissa Hanson The Boston Globe April 20, 2015 View the original piece Two former members of Boston Teamsters Local 82 have been sentenced on charges of extortion and racketeering, officials said. John Perry, 62, of Woburn, was sentenced Friday to 30 months in prison, a $12,500 fine, and one year of supervised release, according to a statement from the office of US Attorney Carmen M. Ortiz. Joseph “Jo Jo” Burhoe, 46, of Braintree, was sentenced...

Harold and Donna Carlson Star Tribune April 08, 2015 View the original piece In December 2014, Congress changed pension law by attaching the Pension Reform Act (PRA) to the must-pass 2015 omnibus spending bill as a rider. Doing so allowed the PRA to not be debated on the floor and spared House and Senate members from having to vote on an unpopular measure. Currently, the U.S. House Committee on Ways and Means is pursuing the...

Toby Sterling, Thomas Escritt Reuters April 07, 2015 View the original piece FedEx Corp (FDX.N) is to buy Dutch package delivery firm TNT Express (TNTE.AS) for an agreed 4.4 billion euros ($4.8 billion), stepping up the challenge to rivals United Parcel Service (UPS.N) and Deutsche Post (DPWGn.DE) in Europe. European regulators blocked a 2013 takeover of TNT by UPS due to concerns it would stifle competition, but analysts and executives said on Tuesday FedEx, with...

Austin Alonzo Kansas City Business Journal April 06, 2015 View the original piece Jamie Pierson doesn't want to take all the credit for YRC Worldwide Inc.'s turnaround effort. Since joining the company in 2011, the Overland Park-based less-than-truckload carrier has come a long way. It has dodged bankruptcy and default fears, reorganized its labor agreement with its union employees and reached a new debt agreement that will allow the company to focus on doing business. With two straight profitable...

Carolyn Constantino Beyond Chron April 06, 2015 View the original piece A new website reveals that Enron-billionaire John Arnold has spent up to $50 million of his own fortune to dismantle retirement plans for firefighters, nurses, teachers and other public employees. The website – Truth About John Arnold – is sponsored by the National Public Pension Coalition (NPPC) andCalifornians for Retirement Security and traces the wide financial influence that one billionaire has on public pension fights. John Arnold amassed his...

Michael G. Malloy Transport Topics April 02, 2015 View the original piece UPS Inc. plans to build 15 compressed natural gas fueling stations to support its purchase and deployment of 1,400 new CNG vehicles over the next year. Twelve stations will be in new natural-gas deployment areas, and three will replace existing CNG stations with higher-capacity equipment, the company said April 1. Click here to read more at Transport Topics.