Mary Schlangenstein and Michael Sasso Business Week January 26, 2015 View the original piece After missing millions of deliveries on Christmas in 2013, United Parcel Service Inc.(UPS:US) promised it would do better next time. It hired thousands more workers to ensure it could handle a deluge of shipments on its busiest days. The improvements worked, maybe too well. Click here to read more at Businessweek.

Mark Miller Wealth Management January 24, 2015 View the original piece If you weren’t paying close attention to happenings in our nation’s capital around the holiday season - and who could blame you - this might have slipped your notice: Important pension reforms were signed into law that will have dramatic impact on retirement for 10 million Americans. Buried deep in the $1.1 trillion "Cromnibus" spending bill signed last month by President Obama, the reforms...

Transport Topics January 24, 2015 View the original piece UPS Inc. said fourth-quarter earnings per share will be $1.25, lagging Wall Street estimates, because of higher costs related to U.S. deliveries during the peak season. “While [domestic] package volume and revenue results were in line with expectations, operating profit was negatively impacted by higher-than-expected peak-related expenses,” the statement said. UPS also said 2015 earnings would be “slightly below” its prior full-year target of 9% to...

Winnie Hu The New York Times January 19, 2015 View the original piece The Hunts Point Terminal Produce Market reached a tentative contract agreement on Saturday with more than 1,200 workers, averting a potential strike that could have disrupted the region’s supply of fresh fruits and vegetables. The three-year agreement would give workers a raise of $20 a week the first year, $22 the second year and $24 the third year. The increases represented a compromise between...

Winnie Hu New York Times January 19, 2015 View the original piece The Hunts Point Terminal Produce Market reached a tentative contract agreement on Saturday with more than 1,200 workers, averting a potential strike that could have disrupted the region’s supply of fresh fruits and vegetables. The three-year agreement would give workers a raise of $20 a week the first year, $22 the second year and $24 the third year. The increases represented a compromise...

Marianne Levine and Brian Mahoney Politico January 15, 2015 View the original piece The U.S. government is ushering in a new era for the Teamsters, ending its 25-year supervision of a union once infamous for its ties to organized crime. Teamster corruption has held the federal government’s attention since the late 1950s, when Robert F. Kennedy first pursued the matter as counsel to the Senate Select Committee on Improper Activities in Labor and Management, also...

Kris Maher The Wall Street Journal January 15, 2015 View the original piece The International Brotherhood of Teamsters and the federal government said Wednesday they had reached an agreement to end 25 years of strict oversight designed to root out corruption and alleged Mafia influence in the union’s highest ranks. The proposed deal, which was reached with U.S. Attorney Preet Bharara’s office in Manhattan, would end a 1989 consent decree stemming from a landmark racketeering...

Richard Verrier Los Angeles Times January 13, 2015 View the original piece A Contract dispute between commercial producers and Teamsters Local 399 has escalated, raising the prospect of the first Hollywood strike by the union in nearly two decades. On Sunday, Teamsters drivers, location managers and scouts voted by a 10-to-1 margin to reject a contract proposed by the Assn. of Independent Commercial Producers and to authorize their leaders to stage a walkout should they...

Tobin Low Marketplace January 09, 2015 View the original piece It's a chilly day in midtown Manhattan, but union organizer Julian Tysh is undeterred. He's here representing Teamsters Local 814 to protest businesses that hire non-union movers. And he's not alone.  After unfurling what looks like an inflatable mattress, he pulls the cord on a small engine, and a balloon begins to take shape: first the belly, then the claws, then the buck teeth, and...

Transport Topics January 09, 2015 View the original piece ABF Logistics has purchased Smart Lines Transportation Group, a truckload brokerage firm based in Oklahoma City, for $5.17 million. Smart Lines, which primarily serves the food, energy and industrial sectors, has 24 employees and generates about $18 million in annual revenue, ABF said. ABF Logistics is the third-party logistics arm of ArcBest Corp. and a sister company to less-than-truckload carrier ABF Freight. The acquisition, completed Jan....