November 25, 2008: YRC Worldwide management is seeking to cut Teamsters wages as it tries to arrange new financing to pay off debt.
The Teamsters union said it has been in talks for several weeks over givebacks on the National Master Freight Agreement, the labor contract that was renewed earlier this year.
Click here to read more at Traffic World.The Teamsters joined the United Autoworkers (UAW) and five other international unions representing members at the largest U.S. defense contracts in a letter calling on Congress to ban defense contractors from funneling money to Wall Street investors through stock buybacks and dividends instead of investing in jobs and infrastructure.
Amazon drivers at the company’s DBK1 facility in New York City marched on the boss to demand union recognition and better pay, healthcare, and job security.
