Central States Pension Fund: $12.7 Billion in Asset
The third quarter financial and analytical report shows that the Central States Pension Fund is down to $12.7 billion in assets, a drop of $460 million since the beginning of 2019.
Building for the Future: New TDU Dues Rates
TDU is on a drive to increase our membership and our war chest. At our recent Convention, members voted to increase TDU membership dues for the first time in 17 years.
Pension Protection Committee Responds to Grassley Bill
The National United Committee to Protect Pensions (NUCPP) has issued a statement in response to the Multiemployer Pension Recapitalization and Reform bill introduced by Senator Chuck Grassley (R-IA) and Lamar Alexander (R-TN)
Republican Senators Introduce New Pension Bill
Senators Chuck Grassley (R-Iowa) and Lamar Alexander (R-Tenn) have introduced a pension bill, the “Multi-employer Pension Recapitalization and Reform Plan,” to deal with the crisis affecting millions of retirees, surviving spouse, and active workers in some 125 pension plans.
YRC Plans to Reduce Terminals
YRC management has announced they plan to reduce terminals from 384 to 320 by the end of 2020. In comparison, the combined Yellow and Roadway terminals that formed YRC Freight totaled 571 in 2009.
UPSers Elect Vote No Activists to Lead Philadelphia Local 623
Teamsters in Philadelphia Local 623 have overwhelmingly elected Richard Hooker and the #623LivesMatter slate. In a four-way race, Hooker beat the incumbent 547-346. That's a 61% to 39% margin.
TDU Endorses O’Brien-Zuckerman Teamsters United
TDU members voted to endorse the O’Brien-Zuckerman Teamsters United Slate and to join a coalition campaign to change the leadership and direction of our union.
Ken Hall Finds a Sweet Loophole in the IBT Constitution
Ken Hall cashed in on a loophole to take home over $400,000 in Teamster salaries, allowances, and pensions.
Carhaul Contract Votes Finally Revealed
One month after the fact, the Hoffa administration has finally revealed the local-by-local vote results on the Jack Cooper contract vote of September 12. It took them one month to tally 25 numbers?
Members Elect Reformers to Rebuild 71
After Voting No against contract givebacks, members have voted out pro-Hoffa officers in Charlotte Local 71. Members elected TDU activist Willie Ford and the Rebuild 71 Slate to lead their local. Ford beat the incumbent president by 757 to 286.
