April 28, 2010: Waste Management and Teamsters Local 174 have reached a tentative agreement on a new five-year contract.
Union officials said they will recommend that members approve the new contract when they take a ratification vote on Sunday.
Click here to read more at Seattle PI.
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.
