YRC Worldwide Inc. (YRCW), the U.S. trucker that averted bankruptcy in 2011, is seeking $1.15 billion in loans to refinance debt, according to a person with knowledge of the transaction.
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UPS made $2 billion in profits after taxes in the third quarter thanks to exploding volume and excessive overtime by UPS Teamsters. Revenue for the quarter topped $21 billion.
The National United Committee to Protect Pensions (NUCPP) is calling on all active and retired Teamsters to blitz the White House today with calls asking the President to support a pension solution and to be sure it's included in any stimulus plan that crosses his desk. They encourage members and retirees call 202-456-1414 to demand support for defending hard earned pensions that are under attack through no fault of working people.
