August 1, 2008: UPS Freight Teamsters in Kansas City have rejected the Association of Parcel Workers of America for the third time by a vote of 157-58. This outfit is a wrong turn down a blind alley for Teamsters who want positive change.
Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.
Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year. Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.
