August 10, 2007: By Jane M. Von Bergen, Inquirer Staff Writer: The leader of one of Pennsylvania's most powerful unions has been ousted after allegations that he lied to a federal investigatory board.
Francis "Frank" J. Gillen, a longtime officer of the International Brotherhood of Teamsters, cannot hold any union office for five years and cannot belong to the union as a truck driver for three years.
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.
