August 1, 2008: Little progress has been made in negotiations for a new contract covering freight Teamsters in Local 705. Members overwhelmingly passed a strike authorization vote and lent their support to the bargaining committee.
However representatives for Yellow, Roadway, Holland, and ABF are stonewalling the union. The next negotiating sessions are scheduled for August 5 and 7. Updates are posted at www.teamsterslocal705.org.
TDU will hold a national zoom call on Saturday, Aug. 14 for Teamsters who are volunteering to elect the O’Brien-Zuckerman Teamsters United Slate. Join candidates, campaign coordinators and Teamster activists for an update and to make plans to Get Out the Vote and win this fall. Click here to register.
The assets of the Central States Pension Fund fell to $9.8 billion at the end of March, a drop of $573 million in the first quarter. The fund projects forward that it will pay $2.83 billion in pension benefits this year, while taking in $651 million in employer contributions.
