March 18, 2011: John Lamar, YRC’s new restructuring officer, will pull down $80,000 per month, in addition to “director compensation” and a possible $500,000 bonus later this year, according to YRCW’s filing with the Securities and Exchange Commission. Lamar holds positions with other corporations as well.
YRC cannot afford to pay for our pensions, but does seem to have money for some people. You can read more here.
Teamsters, Amazon delivery drivers, and labor allies picketed today on the steps of New York City Hall to support the Delivery Protection Act. City Councilmember Tiffany Cabán announced the bill now has supermajority support in the City Council.
The IBT has launched the Teamster History Project, which includes 27 unedited interviews with Teamsters who made it happen. It covers the years 1975-1999. Those interviewed include several TDU leaders, participants in the Carey administration, James Hoffa, along with two Hoffa lieutenants who were expelled from the union for corruption and self-dealing.
