January 18, 2010: Management spent last year crying that the company was losing money. But as Teamster Voice goes to press, the company has told investors that fourth quarter profits per share will be 12 to 29 percent higher than previously announced.
After taxes, UPS made $1.4 billion in profit in the first nine months of 2009 alone. Brown will announce its 2009 profit numbers on Feb. 2. TDU will post the info online at www.tdu.org.
Teamsters, Amazon delivery drivers, and labor allies picketed today on the steps of New York City Hall to support the Delivery Protection Act. City Councilmember Tiffany Cabán announced the bill now has supermajority support in the City Council.
The IBT has launched the Teamster History Project, which includes 27 unedited interviews with Teamsters who made it happen. It covers the years 1975-1999. Those interviewed include several TDU leaders, participants in the Carey administration, James Hoffa, along with two Hoffa lieutenants who were expelled from the union for corruption and self-dealing.
