September 28, 2010: ABF Freight System said today it will raise its general tariff rates 5.9 percent, following an identical increase announced last week by competitor YRC.
The Fort Smith, Ark.-based trucker is the second less-than-truckload carrier to announce a general rate increase ahead of trucking’s peak shipping season.
Click here to read more at The Journal of Commerce.
More than 200 Cincinnati Local 100 Teamsters are celebrating a contract campaign victory at Zenith Logistics, a third-party operator for Kroger. Zenith Teamsters ratified the contract unanimously, 118-0. Their new contract includes a nearly $5 raise in the first year and replaces company health coverage with TeamCare.
UPS announced third quarter profits of $2 billion. The company slashed 34,000 operational jobs and Wall Street cheered. UPS shares rose 8%. Make no mistake—this company and its investors don’t give a damn about the Teamsters who create their wealth.
