Trucking giant YRC Worldwide Inc. on Thursday reported a $6.2 million profit in the final months of 2014 as its national freight business turned in stronger operating results.
The fourth-quarter profit compared with a $400,000 profit in the same quarter a year earlier.
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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.
