March 3, 2008: The International Brotherhood of Teamsters said Thursday that it’s working on bringing a new investor to Interstate Bakeries Corp. that would inject an undisclosed sum into the bankrupt company.
Teamsters spokesman Rich Volpe said the union has reached an agreement with New York-based hedge fund Ripplewood Holdings, including on the collective bargaining agreements for the 10,000 employees of IBC represented by the union.
Read more at kansascity.com.
UPS CEO Carole Tomé’s Better, Not Bigger strategy is about cutting volume and Teamster jobs. South Carolina Local 509 has fought back and won new driver positions. Shop Stewards John Gacsey and Russell Sires share how the fight played out in their building in Palmetto.
President Shawn Fain led members of the United Autoworkers (UAW) to victory in the Stand Up strike against the Big Three automakers. Now, he’s facing trumped up allegations from a federal monitor who’s trying to tip the balance in the upcoming UAW election for International Union officers. Here’s what you need to know.
